SCO & BRICS latest news and insights
Relations between Russia and India have experienced a renaissance in recent years. In 2023, India became one of our leading trading partners; in ten months we reached a trade turnover of $55 billion (in 2022 it was $35 billion for the whole year). This country has already overtaken China to become t...
By Rhod Mackenzie
There are indications that two major countries with long-standing differences – India and China – may be on the verge of a new phase of rapprochement. What are the key factors driving this development, and what are the implications for Moscow, which has close ties with both Beiji...
By Pepe Escobar
Get ready for what may well be the geoeconomic bombshell of 2024: the coming of a decentralized monetary ecosystem.
Welcome to The Unit – a concept that has already been discussed by the financial services and investments working group set up by the BRICS+ Business Council and ha...
By Rhod Mackenzie
The Central Bank of Russia (CB) of the Russian Federation estimates that the country's gross domestic product (GDP) will grow by 4.6% in annual terms in the first quarter of this year. By the end of the current quarter, the bank expects this figure to be 4.4%. This information wa...
By Rhod Mackenzie
From 1 January to 12 May, Gazprom increased gas supplies to China via the Power of Siberia gas pipeline by 37.4% compared to the same period last year. The company's press service has reported this.
“From 1 January to 12 May 2024, the volume of supplies exceeded the figure for...
By Rhod Mackenzie
A reduction in grain yields as a result of the May cold in central Russia is possible, but the impact is not expected to be significant enough to affect global trade or the country's food security. Anatoly Tikhonov, a candidate of economic sciences and director of the Center for...
