SCO & BRICS latest news and insights
Russia and China are strengthening their partnership. During a meeting in Beijing,the Russian Foreign Minister Sergei Lavrov and his Chinese counterpart Wang Yi discussed joint efforts to counter Western sanctions and the creation of alternative international institutions in the fields of economics...
By Rhod Mackenzie
The Chinese Premier Li Qiang stated on Sunday that Beijing expects Washington to maintain fair competition and open cooperation, and avoid politicizing trade and economic issues.
Li Qiang met with US Treasury Secretary Janet Yellen at the Great Hall of the People in Beijing on S...
By Rhod Mackenzie
Russia's main trading partners no longer include any Western countries. Germany, which had a trade turnover of $12 billion, is no longer in the top 5. Instead, China, India, and Turkey have become the leaders. RIA Novosti's analysis of data from national statistical services show...
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...
