The expansion of BRICS, an acronym for five regional economies of Brazil, Russia, India, China, and South Africa, has the potential of cutting the influence of the United States in global politics and trade, a university don, Dr. Riya’uddeen Maitama, has told THE WHISTLER.
BRICS plans to expand it...
In an ambitious move indicative of evolving global finance, China and Russia are set to accelerate their development of a revolutionary payments infrastructure that will serve the economic partnership known as BRICS. The robust system is set to revamp international trade by integrating the nascent B...
Russia redirected deliveries of oil products from unfriendly states to Africa, Turkey and the Asia-Pacific countries. Energy Minister Nikolai Shulginov spoke about this in an interview with Izvestia at SPIEF. He also added that the agency expects to accelerate the implementation of the project to cr...
By Rhod Mackenzie
Copper futures fell to $3.8 a pound on June 27, off a six-week high of $3.9. The alarming macroeconomic background put pressure on expectations regarding the demand for industrial resources. The Chinese government has refrained from introducing stimulus measures to support the st...
The Premier of the State Council of the People's Republic of China (head of government) Li Qiang, speaking at the World Economic Forum in Tianjin, known as "Summer Davos", announced the acceleration of economic growth in the second quarter and stressed that the goal of achieving growth by the end of...
By Oleg Barabanov
One of the most important parameters of international relations is their structure. In its current form, institutionally, this structure is based on agreements between the victorious countries in World War II. They laid the foundation for the creation of the United Nations and man...