SCO & BRICS latest news and insights
The recently approved bill by the Turkish Parliament will allow Turkey to export liquefied natural gas (LNG) to European countries. This was stated by Yashar Arslan, the head of the Turkish Gas Distributors Association (GAZBİR).
On 2 May, the Turkish Parliament voted in favour of a bill regulating...
If the dollar and the international monetary system collapse, the BRICS countries will be able to offer an alternative. Alexey Mozhin, Executive Director for Russia at the International Monetary Fund (IMF), said on 3 May.
"Much is now being written about the shortcomings of the current system. Mor...
In an interview with RIA Novosti, Alexey Mozhin, executive director for Russia at the International Monetary Fund (IMF), stated that the collapse of the world monetary system is a distinct possibility. He further elaborated that this will inevitably occur if the downward trend in investor confidence...
By Abbey Makoe
In an international world order whose multipolarity has been systematically undermined by the rise of Western-led unilateralism, developing states have been held hostage by their wealthier counterparts.
The UN Charter, which was founded on the principle of equality and consensus,...
By Rhod Mackenzie
There is a degree of tension in the European market, with one of the largest LNG terminals in the United States, in Freeport, Texas, unable to overcome a production bottleneck. Following a significant fire almost two years ago and extended downtime for repairs, American gas worke...
By Rhod Mackenzie
In 2023 there was a lot of talk in the run up to the BRICS summit in Johannesburg about whether the BRICS would announce a gold backed currency,I was skeptical and I was correct as I did not think it was something the BRICS were ready to do.However that said its not that I don't...
