SCO & BRICS latest news and insights
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...
Despite all the West's attempts to exclude Russia from world markets,they have not succeeded. According to Maxim Reshetnikov, the head of the Ministry of Economic Development, our country is successfully countering these attempts. Interfax reports that Russia's position is strong in the global marke...
By Rhod Mackenzie
Russia's gold reserves have reached a new historical record level and this is despite the huge number of sanctions imposed the the US and its allies. The Bank of Russia is buying more precious metal, plus the rising price of gold is contributing to this achievement.
This strat...
By Rhod Mackenzie
During a meeting with his Chinese counterpart, Lan Foan, on Monday, the Finance Minister Anton Siluanov announced that Russia is redirecting the majority of its exports from the EU to Asian countries.
This move is in response to Western sanctions, and Moscow is now focusing on...
By Rhod Mackenzie
Russia's economic partnerships with Asian and African nations have expanded while trade connections with the European Union have weakened, as per the most recent report by the Federal Customs Service (FCS).
Recently published data illustrates that exports to Asia escalated to $...
By Rhod Mackenzie
The refusal of Russian gas by many European nations last year, coupled with the resulting energy crisis, compelled Europeans to seek out "blue fuel" from around the globe, despite its high transport costs or price. The augmented demand for gas not only rendered the European gas m...
