By Sergey Manukov
Markets have generally reacted very poorly to President Biden's ban and restrictions on US investment in the Chinese technology sector, but US investors are more worried about the prospects of the Chinese retaliation.
We are talking about the restrictions on investment in Chin...
By Sergey Manukov
For the past year and a half, the biggest talking point in the oil markets has been about the unexpected “romance” between India and Russia: the Indians, who had rarely bought Russian oil before, suddenly (at first sight, of course) fell in love with it passionately and within a...
By James Durso
Almost twenty years to the day after the US Ambassador Joseph Wilson wrote his op-ed “What I Didn’t Find in Africa” about his visit to Niger to confirm if the country was supplying Saddam Hussein with uranium yellowcake, the U.S. found itself again focused on the African country.
...By Ben Aris
The late US Senator John McCain once called Russia a “gas station masquerading as a country” and the fact that Russia’s nominal GDP is about the same as Italy’s has long been used to dismiss it as unimportant.
However, economists have long argued that considering only Russia’s nomina...
By Michael Roach
There has been increasing talk of the BRICS nations (Brazil, Russia, India, China and South Africa) developing a new currency that will rival the US dollar as the global reserve standard. This month, the leaders of BRICS will meet in South Africa for further discussions on the mat...
By Dmitry Kravtsov
The concept of structural heterogeneity, first formulated by the Chilean politician Anibal Pinto in the 1950s, is quite applicable to the countries known as the BRICS. Their homogeneity is very relative, since the differences are very noticeable, which, however, does not prevent...