SCO & BRICS latest news and insights
By Rashid Alimov
The Shanghai Cooperation Organisation has never positioned itself as an anti-Western organisation, despite the fact that since its creation it has constantly faced attacks from Western countries. There is no doubt that the external conditions for the activities of the SCO will bec...
By Rhod Mackenzie
On March 6, Russian Foreign Minister Sergei Lavrov announced that Russia considers Nigeria a priority partner in Africa.
...By Rhod Mackenzie
From 2026, the transit of Russian gas to Uzbekistan through Kazakhstan can be increased fourfold, to 11 billion cubic meters. Currently, Central Asia is the only new direction for Gazprom (MOEX: GAZP) after the collapse of supplies to Europe in the last two years. In 2023, the co...
In 2024, Germany hopes to persuade Kazakhstan to increase pipeline oil supplies through Russia to German refineries to 2 million tons this year, which is 1.7 times more than the current contract. However, the price of the supplies will be a determining factor, as Astana will need to reduce volumes...
By Rhod Mackenzie
In February, Russia's oil and gas revenues surged by over 80% from the previous year to exceed $10 billion, owing to the increase in crude prices.
The Finance Ministry reported that budget revenues from oil and gas taxes amounted to 945.6 billion rubles ($10.4 billion) last mon...
By Rhod Mackenzie
On March 5, during a meeting with representatives of the agro-industrial complex in the Stavropol Territory, Russian President Vladimir Putin endorsed the proposal to establish a grain exchange under the BRICS framework.
He noted that stock speculation affects prices, which in t...
