SCO & BRICS latest news and insights
By Evgeny Pozdnyakov
From January 1, 2024, six new states will join the BRICS. The organization significantly increases its influence, developing new regions and gaining a foothold in old ones. What can the association offer to new members, what potential do they have, and how beneficial is the BR...
By Anna Koroleva
The Brazilian Finance Minister Fernando Addad said that Brazil has offered Argentina to use the yuan as a guarantee instrument in bilateral trade. Thus, TASS reports, the Chinese currency can replace for these two countries the American one, which is still used. The state bank Ban...
By Sergey Manukov
Liquefied natural gas (LNG) importers are becoming more active on the London and Singapore exchanges. Moreover, not only as buyers, but also as sellers. Moreover, they sell excess gas so vigorously that they gradually begin to compete with traders from Shell, BP, Equinor and Tota...
By Evgeny Pozdnyakov
Russia, as the initiator of the creation of BRICS, welcomes the expansion of the organization. Now the block is able to reflect the interests of the Persian Gulf countries. In addition, the influence of unification in Latin America is growing. Political scientist Stanislav Tka...
By Rhod Mackenzie
Six nations will become full-fledged members of the BRICS group of nations starting January 2024, after their candidacies were approved by leaders of the current member states, South African President Cyril Ramaphosa has announced. The expansion topped the agenda of the summit in...
By Sophia Smirnova
According to the Executive Vice President of the African Export-Import Bank, George Elomby, the agreements reached at the July Russia-Africa summit will double the trade between the countries of the Black Continent and the Russian Federation, up to $40 billion by the end of 2026...
