SCO & BRICS latest news and insights
By Rhod Mackenzie
The US has temporarily allowed transactions with Russian banks, including Sberbank and VTB. Transactions are only possible in the energy sector and will be agreed before 1 November this year. Why did Washington take this decision and how will it affect the market?
The US Treasur...
By Rhod Mackenzie
On 27th April the Russian President Vladimir Putin held a meeting on economic issues.
Here are the highlights
“The data from the beginning of the year turned out to be higher than the forecasts of the government, the Bank of Russia and some experts. In January-February, Russia’...
By Rhod Mackenzie
The Chinese currency, the yuan, has overtaken the Japanese yen to become the fourth most used currency in international payments via the SWIFT system. Its share of the market has reached 4.7%, almost twice as much as last year. However, the data does not take into account the Rus...
By Rhod Mackenzie
The major BRICS countries of China,India and Russia are at the forefront of the use of and the the continued building of nuclear power plants to generate clean sustainable energy while the West has pinned its hopes on the so called renewables of Wind and Solar the BRICS are goin...
By Rhod Mackenzie
The major BRICS countries of China,India and Russia are at the forefront of the use of and the the continued building of nuclear power plants to generate clean sustainable energy while the West has pinned its hopes on the so called renewables of Wind and Solar the BRICS are goin...
China has expanded its arsenal of defensive trade tools with the introduction of a new law. Beijing has made it clear to its main trading partners, including the United States and a number of European countries led by Germany, that if they introduce tariffs and duties on the export products of the s...
