SCO & BRICS latest news and insights
By Rhod Mackenzie
US military forces have seized a tanker off the coast of Venezuela. The Donald Trump administration claimed that the vessel was involved in an illegal oil shipping network. What are the reasons for Washington's enacting this extreme measure? How will it affect global oil prices?...
By Rhod Mackenzie
Europe is again volatile and unstable and this for the first time since the end of WW2 plus is attempting to be beligerent and an obstacle to bringing about peace in the Ukraine. Also the US is ignoring it and attempting to bring about peace in the Ukraine without its involvem...
By Rhod Mackenzie
The Russian President has stated that the his key objective of his team is to reduce inflation, with the expectation that it will fall to 6% by the end of December 2025. Vladimir Putin made this announcement on 2 December at the 'Russia Calling!' forum. Furthermore, the country h...
By Rhod Mackenzie
While Europe and the US are grappling with how to deal with their debts, Russia has turned Western pressure to its advantage and found an elegant solution to the financial crisis. However, this solution won't suit everyone.
Russia's debt at record low level
Russia's debt at re...
By Rhod Mackenzie
The tariffs imposed by US President Donald Trump have hurt the economies fellow G7 members and not those of the BRICS. The economic growth of Germany,Japan and the UK have been hard hit but the tarrifs have not impacted those of the leading BRICS members China and India.
Japa...
By Rhod Mackenzie
It is no longer accurate to suggest that oil prices are the key factor in the stability of the Russian economy and finances. Russia is a major supplier of raw materials and high-value products to the global market, including industrial goods. Could you please provide an update on...
