By Rhod Mackenzie
The summit of the Shanghai Cooperation Organization under the chairmanship of India this time was held in a remote online format, although there was something to celebrate live. So, Iran finally became a full member of the SCO - without it, the Eurasian potential of the organizat...
By Rhod Mackenzie
According to the results of June, Russia's balance of payments went negative. This happened for the first time in three years (since August 2020) and is generally considered a rare occurrence since the late 1990s. The negative balance is explained both by the fall in export earni...
By Rhod Mackenzie
Having failed to destroy the Russian economy, the West is now trying to bankrupt Russia's trading partners with the use of so-called secondary sanctions. All of this is being helped by the entire financial infrastructure built to track any transactions in dollars and euros on a g...
By Rhod Mackenzie
One of the main tasks of German Chancellor Scholz in the economy is to stop the flight of capital (investment) from the country, which has taken catastrophic proportions in the last two years. Last year, German companies withdrew from Germany in the form of investments in other c...
By Rhod Mackenzie
Russia and China have planned a number of important contacts by the end of this year. According to Interfax, Wang Yi, head of the Office of the Commission of the CPC Central Committee on Foreign Affairs, said this today, speaking in the framework of an international dialogue with...
By Zhang Hongzhou and Genevieve Donnellon-May
Russia announced it would boost its grain exports to China via the New Land Grain Corridor. Proposed by Beijing in 2012, the corridor aims to develop infrastructure and increase grain production, connecting Russia’s far eastern regions to Inner Mongoli...