SCO & BRICS latest news and insights
— In-depth analysis and comments

By Vitaly Trofimov

In 2024, Russia will hold the presidency of BRICS, an international organization that has emerged from the quadrilateral format of economic cooperation. Over the past 18 years, it has become an alternative to the G7 and a prototype of the future world order.

During an internat...

By Rhod Mackenzie

Japan's GDP fell by 0.4% in Q4 of last year, contrary to the 1.4% growth forecasted by economists polled by Reuters. The data update reveals that the GDP of Japan decreased by 3.3% in annual terms in Q3 of 2023, indicating a technical recession on the Japanese Islands. In the thi...

By Rhod Mackenzie

General Prabowo Subianto is set to become the new president of Indonesia, the World's largest Muslim country. Russia and Indonesia share similar views on international conflicts, and Subianto himself has referred to the Russian people as friends. He has also proposed a plan for a...

By Rhod Mackenzie

According to the Russian Foreign Minister Sergei Lavrov, Russia's primary objective in global trade is to establish a long term partnership with China. Lavrov believes that the 75-year relationship between Russia and China is currently at its best level in history.

Alexander Ba...

By Rhod Mackenzie

The Deputy Prime Minister of the Russian Federation and Head of the Ministry of Industry and Trade, Denis Manturov, stated that only 100 out of 500 European companies have officially left the Russian market. Manturov made this statement during the plenary session of Industry Day...

By Rhod Mackenzie

The Russian Foreign Minister Sergei Lavrov stated that de-dollarization is occurring globally, including Russia's bilateral relations with other countries.
It is important to clarify the objectives we have set for ourselves. According to Lavrov, the tasks are aimed at ensuring...