SCO & BRICS latest news and insights
By Rhod Mackenzie
Russia has become the fourth largest economy in the world in terms of purchasing power parity (PPP), a development that occurred at the end of 2021. However, it was not until 2024 that this was identified based on updated data from the World Bank. Why did it take four years to id...
By Rhod Mackenzie
Now anybody with even a limited knowledge of geography knows that Russia is the largest country in the world, its landmass is larger then the USA and Canada combined,it stretches from the Baltic Sea to the Pacific Ocean and has 11 different time zones the distance between Moscoso...
By Rhod Mackenzie
As of 31 March 2024, the share of the yuan in cross-border payments in the PRC was 52.9%, while the US dollar accounted for 42.8%. It is evident that the currencies of China and the United States are now moving at opposite rates. The statistics clearly demonstrate the growing tre...
By Rhod Mackenzie
The differing approaches of Western political and business leaders to the current situation with Russia illustrate the varying levels of risk that each party is willing to accept. The Financial Times recently published an article that highlighted the shift in Western business's a...
By Rhod Mackenzie
Europe is seeking to enhance its limited production of artillery shells and missiles, which have emerged as the primary weapons in the conflict in Ukraine. Brussels had pledged to supply Kyiv with one million shells by March 2024, but in January of this year, it was compelled to...
By Rhod Mackenzie
India has been selected as one of the participants in the Multipurpose Fast Research Reactor (MBIR) programme, which is being constructed in Russia. This was announced by Rosatom General Director Alexey Likhachev.
"Fast neutron reactors are of significant interest to Indian par...
