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

By Rhod Mackenzie

The US decision to seize frozen Russian assets will be advisory in nature, with the president able to reject it. This is due to the fact that the American financial elite does not want to jeopardise the power of the “No. 1 economy” over a few million dollars.
The bill was approv...

By Paulo Nogueira Batista.

The realisation of grand projects always implies imagination and persistence in overcoming all sorts of barriers and all kinds of resistance. Let us hope that the BRICS will confirm expectations entertained by the Global South and rise to the challenge of providing const...

By Rhod Mackenzie

Norilsk Nickel plans to transfer the smelting capacity of the Copper Plant, the modernisation of which has become more challenging due to issues with Western equipment, to China through the establishment of a joint venture with a Chinese company, as stated by Norilsk Nickel Presi...

The expansion of the BRICS membership has led to an increase in the union's share of global production, from 32 to 37%, according to the World Trade Organization (WTO). This has resulted in the BRICS share becoming larger than that of the G7. The BRICS Digital Bank is confident that the influence of...

The European Union has increased imports of Russian fertilisers to a maximum level since December 2022. In February, the volume of deliveries amounted to 167 million euros in monetary terms. This exceeded the previous month's figure by 16 percent in physical terms and 21 percent in monetary terms. W...

By Rhod Mackenzie

The major and influential international organisations, which have previously predicted the collapse of the Russian economy due to sanctions, have once again revised their forecasts. The World Bank now expects 2.2 percent growth by the end of the year, while the International Mone...