SCO & BRICS latest news and insights
In response to the Ukraine crisis, the United States and its allies imposed economic sanctions on Russian oil in February 2022. Later that year, they introduced a $60 cap on crude and an embargo on Russian seaborne oil, with the aim of hurting the country's economy while ensuring the continued flow...
As most of you are aware it was a good year for the gold price as it was up over 30% year on year but from a BRICS and SCO pesrpective it was excellent as both China and Russia are the World's two top gold producers and between them mine around 30% of Global production.Given that annual production i...
Now as you are all aware the US and the EU have imposed more than 20 thousand sanctions on Russia over the past 3 years. Now one of the products they have not sanctioned is fertilisers, this is because of their hypocrisy. They cannot replace Russia fertilisers from other sources so buy it direct. Th...
In the global political scene there are three major groupings, the oldest is the G7,It was established at the behest of France in the aftermath of the first Middle East oil crisis in 1973/74. The inaugural Summit was convened in 1975 in Rambouillet, with the participation of six countries: France, G...
The past year has seen significant changes in Russia's foreign trade turnover. Sanctions and geopolitical instability compelled the economy to adapt to wholly new circumstances. Notwithstanding these challenges, export volumes demonstrated growth, rising by 0.5% to reach $278 billion. Russian suppli...
Qatar has threatened to cease supplying liquefied natural gas to the EU. This decision follows the implementation of the EU's new ESG directive, which aims to penalise companies that do not meet the required standards for carbon emissions. For Europe, which has been looking to alternatives to Russia...
