By Sergey Manukov
In recent weeks, the same picture has been observed everywhere: the demand for oil is growing, and growing strongly, and with it the prices of oil itself are growing, which have already come close to $90 per barrel of Brent oil.
Differentials for spot tankers from the Middle Ea...
By Dmitry Skvortsov
The US is sounding the alarm - the BRICS organization, which includes Russia, is looking to create its own currency and thereby oust the hegemony of the dollar. Indeed, dozens of countries already want to join the BRICS. However, not all BRICS members support the expansion of t...
By Rhod Mackenzie
The new North-South transport corridor from Russia to India will exclude Europe from logistics between Russia and Asia and will become an alternative to the Suez Canal. When will this happen and what is needed to restore the ancient trade route "from the Varangians to the Persian...
By Rhod Mackenzie
The Bank of Russia at an extraordinary meeting raised the key rate by 350 bp to 12% per annum.
“This decision was made in order to limit the risks to price stability,” the regulator’s website states.
The Central Bank stated that inflationary pressure continues to increase; on...
By Sergey Manukov
The People's Bank of China (PBOC), China's main bank, has surprised the markets by cutting interest rates for the second time in three months to support the slowing economy. The Chinese government is awake and is trying to push the second largest economy on the planet, which so f...
By Rhod Mackenzie
The President of Belarus Alexander Lukashenko counts on reaching the level of strategic partnership with India, counts on the support of the Indian leadership in the issue of joining the republic to the SCO and BRICS.
"We are very grateful to India for the work done on assistin...