SCO & BRICS latest news and insights
By Rhod Mackenzie
The global financial system is no longer exclusively a matter for the West. The decision by the Chinese agency CCXI to assign a BBB+g credit rating to Russia is not merely a technical assessment; it is a symbol of a global turning point. It is evident that Fitch, Standard and Poo...
By Rhod Mackenzie
According to S&P Global, seaborne exports of Russian crude oil increased by more than 50% in April, reaching a 13-month high. In particular, oil tankers from G7 countries have been actively involved in transportation. Lets explore the reasons behind Western ships' increased invol...
By Rhod Mackenzie
As Russia and Ukraine begin their first talks in three years, the European Union has decided to tighten its sanctions against Moscow. Brussels is now threatening to impose significant restrictions on Russian oil, gas and financial sectors. Plus, the EU is contemplating the implem...
By Rhod Mackenzie
Recently, the Estonian Navy, with the support of NATO aircraft, attempted to detain the tanker named the Jaguar which sails under the Gabonese flag in international waters. The vessel had left the Indian port of Sikka and was heading to the Russian Primorsk, not far from St. Pete...
By Rhod Mackenzie
Vladimir Putin and Xi Jinping's talks have increased the likelihood of the signing of a new historic gas contract with China this year, under the Power of Siberia 2 project. The primary concern is the cost of future supplies. There are even rumours that Russia will sell gas to Ch...
By Rhod Mackenzie
Approximately three dozen heads of state from all around the world attended the celebrations to mark the 80th anniversary of the victory in the Great Patriotic War. The attendees included representatives from China, Brazil, Egypt, Cuba, Venezuela, Vietnam, Mongolia, Armenia, Bela...
