SCO & BRICS latest news and insights
By Viktoria Panova
BRICS has received an impulse to make a real transition to a new, more just world order. The ability of the new BRICS to fully realize itself and fulfill the mission of the transition depends on how our descendants will remember the 21st century, writes Viktoria Panova.
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By Sergey Manukov
Russia supplied India with the lowest volume of oil in 7 months in August, according to Kpler and Refinitiv. This is partly due to the fact, writes Oil Price, that many Indian oil refineries (refineries), the main consumers of Russian Urals oil, have closed for scheduled maintena...
By Elena Gorbacheva
After Argentina, Ethiopia, the United Arab Emirates, Saudi Arabia, Egypt and Iran officially join the BRICS next year, its combined GDP will be 37% of the world's. In addition, it will control almost 50% of world oil production and 40% of its exports. The control of energy reso...
By Yaroslav Lissovolik
The 2023 BRICS summit is over and it is clear that it is one of the most historic and transformational BRICS summits on record. While there has not been much progress on critical issues such as BRICS+ trade liberalization or the creation of a new reserve currency, a major ex...
By Sarmad Khan
BRICS membership will boost the UAE economy, strengthen its trade relations with the Global South, and also allow it to maintain economic ties with other major partners globally, the Minister of Economy has said.
The Arab world’s second-largest economy continues to maintain its fo...
By Dmitry Migunov
The transformation of the yuan into a global convertible currency ("internationalization") is in full swing. SWIFT statistics have shown that the use of the Chinese currency in international payments has increased markedly. However, the share of the yuan on a global scale so far...
