By Rhod Mackenzie
Russia has triumphed in global commodity markets in recent days as it sells oil above the price ceiling set by the West. This was reported by The Wall Street Journal on July 23 , citing Argus Media, a commodity data collection company.
Russia has won the battle for influence in...
By Rhod Mackenzie
The second Russia-Africa summit, which St. Petersburg will host on July 27-28, differs sharply in its context from the first forum four years ago. The tectonic shifts in the economic and military-political structure of the world that have taken place over the past year and a half...
By Alexey Dolzhenkov and Evgenia Obukhova
The likelihood and prospects of the BRICS single currency is one of the most discussed topics in the world of finance. If you believe the world media and the statements of politicians from different countries, proposals for creating a currency union will b...
By Ilya Tsukanov
BRICS leaders are gearing up for their much-anticipated South Africa summit. Since the bloc’s creation at a forum in St. Petersburg in 2006, BRICS has come to represent the aspirations of the developing world to challenge the economic hegemony of the collective West. How does it p...
By Dhairya Maheshwari
A meeting of the BRICS Ministers of Culture was held in South Africa on Friday. The ministers signed the ‘Declaration of the VIII BRICS Ministers of Culture Meeting’ to increase cultural cooperation among the five states.
The BRICS countries—Brazil, Russia, India, China and...
By Ekaterina Blinova
Russia's Novatek is pushing ahead with the Arctic LNG-2 project to considerably step up production of liquefied natural gas (LNG), enhancing the nation's global market share to 20%. What's more, the project has no analogues in the world.
Russian President Vladimir Putin green...