SCO & BRICS latest news and insights
By Rhod Mackenzie
The BRICS are creating a trade payment and settlement system and has abandoned discussions about creating a new currency.
It appears that the BRICS leaders thinking is moving towards the creation of a payment system independent of the dollar. What form could such a structure...
By Rhod Mackenzie
The name of the largest island on Earth (yes, Greenland again) is still making the headlines in the news. Trump and his team continue to make statements regarding Greenland. The Secretary of State, Mr Marc Rubio, is taking time out from his planning to invade and regime Cuba an...
By Rhod Mackenzie
The year of 2025 proved to be a challenging one for the Russian economy. The imposition of even more sanctions by the West, a further decline in oil prices, the widening of the budget deficit, and the continued high cost of borrowing all contributed to the year's challenging ec...
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...
