SCO & BRICS latest news and insights
Container shipments from Northwestern ports have continued to recover after falling sharply following the outbreak of hostilities in Ukraine. In the first two months of the year, they increased by 121%, although in February they were still 28% behind the monthly average for 2021. Market participants...
Following a 16-year high at the end of January 2024, the price of uranium has gradually decreased. At present, there appears to be no immediate catalyst for a rapid increase in prices.
On January 30, 2024, the price of uranium reached $106 per pound, its highest point since November 2007, which was...
The European Commission aims to decrease its purchases of liquefied natural gas ( LNG from Russia starting this year. This is despite the fact that Russia is currently the second largest supplier of LNG to the continent, after the United States. However, finding a replacement for Russian volumes rem...
By Rhod Mackenzie
In February, Russian LNG exports increased by 2.8% compared to the same period last year, reaching 2.79 million tons, according to Kpler data. Despite ongoing discussions in Europe about limiting purchases of liquefied gas from Russia, supplies to EU countries remain stable. The...
According to data from the Central Bank, the share of ruble settlements with Africa increased from 21.9% in 2022 to 48.1%
in 2024.
Additionally, there was a significant increase in the volume of ruble settlements with American countries, rising from 22.7% to 35.1%.
The share of the Russian curren...
By Rhod Mackenzie
According to the Financial Times, logistics companies and rail operators have reported a surge in demand for transporting goods from Asia to Europe by rail via Russia since the start of the Red Sea crisis.
DHL, a major shipping company, claims that requests to transport goods on...
