SCO & BRICS latest news and insights
Despite the challenging circumstances, Russian mechanical engineering is demonstrating remarkable resilience. The decline of the industry began in the spring of 2022, coinciding with an increase in geopolitical tensions. However, this proved to be a short-lived phenomenon. The first growth impulse o...
By Rhod Mackenzie
On 26 June 1954, exactly 70 years ago, the world's first nuclear power plant (NPP) was launched. The plant in question was the renowned Obninsk Nuclear Power Plant, constructed in the Soviet Union.
What were the key factors that led to the creation and structure of this station?...
It has just been announced the BRICS countries have decided to temporarily suspend the process of admitting new members to the organisation.
This decision has been taken in order to allow time for the development of a new membership criteria.
It is anticipated that the association will have to cre...
In collaboration with the central banks of the other BRICS countries, Russia is developing the BRICS Bridge platform for trade settlements in national currencies, including digital ones, according to Deputy Finance Minister Ivan Chebeskov.
This could be, for example, a digital ruble, yuan or rial o...
It is crucial when analysing the current present state of Russian-American relations as really the Cold War 2' this sitution is ikely to persist even after the US finally acknowledges that Ukraine is no longer a pivotal instrument in its foreign policy.
Instead, the US is likely to try to find...
In a new development, the European Union has taken the step of imposing sanctions on Russian gas. However, the EU has not yet taken the more severe action of banning Russian liquefied natural gas (LNG). Instead, the EU has introduced a separate measure allowing the purchase of Russian LNG. What has...
