SCO & BRICS latest news and insights
By Rhod Mackenzie
As of 31 March 2024, the share of the yuan in cross-border payments in the PRC was 52.9%, while the US dollar accounted for 42.8%. It is evident that the currencies of China and the United States are now moving at opposite rates. The statistics clearly demonstrate the growing tre...
By Rhod Mackenzie
The differing approaches of Western political and business leaders to the current situation with Russia illustrate the varying levels of risk that each party is willing to accept. The Financial Times recently published an article that highlighted the shift in Western business's a...
By Rhod Mackenzie
Europe is seeking to enhance its limited production of artillery shells and missiles, which have emerged as the primary weapons in the conflict in Ukraine. Brussels had pledged to supply Kyiv with one million shells by March 2024, but in January of this year, it was compelled to...
By Rhod Mackenzie
India has been selected as one of the participants in the Multipurpose Fast Research Reactor (MBIR) programme, which is being constructed in Russia. This was announced by Rosatom General Director Alexey Likhachev.
"Fast neutron reactors are of significant interest to Indian par...
By Rhod Mackenzie
The global geopolitical crisis has had a significant impact on the export of Russian mineral fertilisers due to export restrictions and logistical difficulties. However, producers have already been able to adapt to the new conditions, and in 2023, the volume of fertilizer product...
By Rhod Mackenzie
India is facing its worst power shortage in 14 years in June. The shortage may begin due to a decline in hydroelectric power generation, as reported by Reuters. Another reason for the coming shortage is delays in launching new coal-fired power plants. The extent to which the situ...
