SCO & BRICS latest news and insights
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...
By Rhod Mackenzie
The Chinese shipping company Hainan Yangpu New New Shipping (HYNS) is continuing to expand its operations along the Northern Sea Route (NSR). On 8 May, a multilateral agreement was signed in Arkhangelsk regarding the organisation of export-import flights from the Arkhangelsk seap...
By Rhod Mackenzie
The companies with the highest capitalisation in relation to national GDP are located in Saudi Arabia, South Korea and Argentina. Saudi Aramco, the Saudi oil and gas company, is the only company from the G20 countries whose indicator exceeds the country’s GDP, according to RIA No...
By Rhod Mackenzie
China is taking advantage of lower global energy prices for coal and natural gas to secure supplies ahead of the summer season. Bloomberg has published an article on this topic.
At the end of April, gas imports into the country increased by 21% compared to the same period last...
