SCO & BRICS latest news and insights
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...
By Rhod Mackenzie
The Russian government has approved the third stage of modernisation of the Baikal-Amur and Trans-Siberian Railways (BAM and Trans-Siberian Railway) until 2035. The total cost of work will be 3.7 trillion rubles. Russian Prime Minister Mikhail Mishustin announced this on 2 May.
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The Former US President Donald Trump, again striving to become the “leader of the free world,” is trying to prevent countries around the world from abandoning the use of the dollar. How will he take revenge and how will this threaten the economy? And what should Russia do in this situation with its...
