SCO & BRICS latest news and insights
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By Alasdair Macleod

Financial developments in the Russian and Chinese axis are being generally ignored. The confirmation by Russia that a trade settlement currency for an expanded BRICS is on the agenda at the Johannesburg summit later this month has barely been reported, and even sound money advo...

By Andrei Gergalin

Brazil and India have effectively refuted allegations that recently emerged in mainstream media about them opposing the expansion of the BRICS.
Mere hours after a certain media outlet claimed that Brazil is against expanding BRICS membership, citing some unnamed Brazilian diplo...

By Rhod Mackenzie

The volume of trading in settled futures for gold in rubles exceeded 3.6 billion from the date of their start on June 28 , the press service of the Moscow Exchange reported. The market calls the indicator good: the new instrument is already outperforming, for example, trading vol...

By Rhod Mackenzie

The Joint Ministerial Monitoring Committee confirmed all countries compliance with the agreement of the OPEC+ countries to reduce oil production until the end of 2024. On the eve of the next meeting, industry analysts did not expect new recommendations to the participants in the...

By Anna Koroleva

Vladimir Putin believes that government agencies should no longer the purchase of foreign cars but use those domestically manufactured
Aura and Aurus
During a meeting in the Kremlin on Thursday with the head of the Ministry of Industry Denis Manturov and representatives of a nu...

By Ahmed Adel

The growing favouritism towards central bank digital currencies, such as the Russian digital ruble, launched on August 1, is underpinned by the great potential to create a new, non-Western-centric global monetary system. After Russian President Vladimir Putin signed the law enshrinin...