SCO & BRICS latest news and insights
By Rhod Mackenzie
The Rusian president Vladimir Putin has slapped Great Britian with a very larg wet fish! Since 1956 an agreement has been in place between Great Britian and what was then Soviet Union that allowed British fishermen to catch fish in their territorial waters in the Berents Sea whic...
The Reserve Bank of India (RBI) has kept its key interest rate unchanged for the seventh consecutive meeting as inflation remains within the target range. The repo rate remains at 6.5% per annum, as predicted by most analysts and economists.
Consumer prices in India rose by 5.1% in February, which...
By Rhod Mackenzie
Kazakhstan has started purchasing electricity from the Russian Federation at a higher price due to new trade regulations between the two countries. The average delivery cost in the second half of 2023 increased by almost a third, exceeding 5 rubles per kWh. Analysts predict that...
By Rhod Mackenzie
The transportation of containers from China to the EU via rail, which passes through Russian territory which was disrupted due to the hostilities in Ukraine, is now being restored. In the first quarter, the amount transported grew by 44% to 90 thousand TEU, which is almost the sa...
Nicholas Lardy, from the Washington-based Peterson Institute for the World Economy, is one of the few experts who believe that China can return to its pre-pandemic levels of rapid economic development.
In a Foreign Affairs article, he notes that China faced much more challenging obstacles on the p...
By Rhod Mackenzie
The leadership of the European Union recognised that sanctions alone would not cause the collapse of Russia's economy. However, they hoped that the sanctions would weaken Russia's military potential.
The EU diplomacy head, Josep Borrell, stated on April 4th, 'From the very begi...
