SCO & BRICS latest news and insights
By Rhod Mackenzie
On Friday, Chinese observers commented that the US-led West's defamation of China-Russia cooperation is a deliberate tactic in its public opinion war, and that China and Russia are the true defenders of the world order based on international law. They made the comments following...
By Rhod Mackenzie
Russia has been instrumental in establishing a brand new energy sector in Bangladesh, namely nuclear energy. Global nuclear analysts have acknowledged both Russia's accomplishments and superiority in the nuclear sector when compared to its American and French competitors. These...
BRICS is a prominent economic and political force, with India counted among its founding members. India derives significant benefits from its association with this alliance. This article delves into India's advantages as a BRICS nation.
Origin of BRICS
BRICS is an acronym for Brazil, Russia, Indi...
By Rhod Mackenzie
The Bank of China (BOC), one of China's four largest state-owned commercial banks, has inaugurated its first branch in Riyadh, the capital of Saudi Arabia.
This move aims to extend the use of the yuan in trade and finance. Analysts have observed that since the recent BRICS Summ...
The UN has acknowledged that Russia's economy has experienced growth, which is an accomplishment that few G20 countries have attained. Despite the sanctions, Russia's overall exports have remained relatively unchanged, oil and gas revenues are now experiencing monthly growth. However, it is still p...
By Rhod Mackenzie
The upcoming leader of the new BRICS Development Bank will serve a five-year term representing Russia. Within this period, a major decision must be made which will have worldwidet reprecussions,this is regarding the creating of a financial instrument or currency. The quandary of...
