SCO & BRICS latest news and insights
By Dmitry Migunov
Diesel fuel prices are breaking global records, at least when compared to oil prices. A similar situation is observed in several parts of the world at once. The reasons for the fuel crisis were high demand for diesel in China, as well as a ban on the supply of this oil product fr...
By Igor Karaulov
In recent years, much has been said about the crisis of globalization, about the fact that the world will certainly break up into separate regions with their own financial systems, commodity markets and information spaces. A new feudalism or a new isolationism will arise. Someone...
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...
