SCO & BRICS latest news and insights
By Rhod Mackenzie
The economic weight of the European Union and the euro area in the world has been declining for the last three decades. Events since 2019 have intensified this trend, and the sanctions against Russia, which have boomeranged on Europe itself, are making the trend downwards totally...
By Aaryaman Nijhawan
“A large part of foreign policy today is communication,” Indian External Affairs Minister Subrahmanyam Jaishankar said as the 9th Raisina Dialogue, an annual conference on geopolitics hosted by New Delhi, came to a close on Saturday. From regional conflicts and disruptive econ...
By Zhao Yusha
At the G20 foreign ministers' meeting in Brazil, Brazilian officials called for reforms of the United Nations and other multilateral institutions, and pushed for stronger representation of developing nations. Chinese experts believe Brazil's call speaks for the broader Global South,...
By Rhod Mackenzie
On the second anniversary of the outbreak of the Russia-Ukraine conflict, it is both disheartening and worrying for the global economy to see the West once again ratcheting up sanctions against Russia and even extending them to third countries, rather than reflecting on and ackno...
By Rhod Mackenzie
Sakhalin Energy, which manages the Sakhalin-2 LNG project, is offering Chinese buyers 12 LNG cargoes per year for a period of 3-5 years, writes Platts. This amounts to around 1 million tonnes of LNG, which is comparable to the volume of Shell's offtake contract, which has now bee...
By Rhod Mackenzie
Russia will promote the issue of improving the BRICS settlement and payment system independent of Western infrastructure - this could be, for example, payments in digital currencies; Russia is ready to test this with China, the EAEU and the Gulf countries, Russian Finance Ministe...
