SCO & BRICS latest news and insights
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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...

By Timofei Bordachev.

Greater Eurasia is under the influence of challenges and threats of both internal and external origin, therefore peace and stability there are not guaranteed. However, one should not lose sight of the objective factors that make Greater Eurasia a more stable region in modern...

By Rhod Mackenzie

Paul Grunwald, the chief economist at S&P Global, said at a financial conference in London that the dominance of the US dollar over the planet as a global currency is weakening. Aggressive US sanctions, such as last year's freeze of multi-billion-dollar assets of the Russian Cent...

By Marcel Salikhov

The de-dollarization of the global financial system will continue. This will be facilitated primarily by the development of technology in the financial sector. In the future, the digital currencies of central banks can also be used for international transactions, reducing costs...

By Rhod Mackenzie

The Russian Foreign Minister Sergey Lavrov and Wang Yi, head of the Office of the Commission of the Central Committee of the Communist Party of China on Foreign Affairs, discussed international efforts to launch the negotiation process on Ukraine and confirmed the intention to d...

By Rhod Mackenzie

The price of Russian Urals oil has exceeded the price ceiling ($60/bbl) set by the Price Capping Coalition (G7, EU and a number of other countries).
This is according to data from the pricing agency Argus Media.
Aiming for the ceiling

On July 12, 2023, in the port of Novoross...