SCO & BRICS latest news and insights
Over the past year, the BRICS economic alliance has grown notably in its prominence. Indeed, the bloc enacted its first massive expansion since 2001, inviting six nations to join its ranks. Subsequently, amid that expansion, the BRICS alliance is predicted by Goldman Sachs to dominate global GDP by...
BRICS, the intergovernmental organization comprising Brazil, Russia, India, China and South Africa, started meetings this morning in Russia. After agreeing to expand its membership in August, the group added Egypt, Ethiopia, Iran, Saudi Arabia and the UAE on January 1. During the opening meeting, Ir...
The total investable wealth currently held in the BRICS bloc amounts to USD 45 trillion and its millionaire population is expected to rise by 85% over the next 10 years, according to the inaugural BRICS Wealth Report, published by international investment migration advisory firm Henley & Partners in...
By Rhod Mackenzie
Russia and Turkey are preparing for their first leaders' meeting of the year, tentatively scheduled for February 12 in Ankara. The parties will discuss key issues of bilateral cooperation, including the creation of a Turkish-Russian bank to solve payment transfer problems, amidst...
By Rhod Mackenzie
European and American energy officials have differing views on the implications of the Biden administration's recent halt to liquefied natural gas (LNG) export permits for Europe's energy security. American LNG became Europe's main replacement after it abandoned Russian pipeline...
By Rhod Mackenzie
India's economy has become the fastest growing on the planet, with a GDP growth of 7.5%. The Prime Minister Narendra Modi announced this at the opening of the International Energy Week in Goa.
He stated that the Energy Week comes at a very important time, as India's GDP growth r...
