SCO & BRICS latest news and insights
By Rhod Mackenzie
The largest oil company on the planet seems to have revised its oil demand forecast. Based on this sudden 180-degree turn, there have been significant changes in Saudi Aramco's long-term policy. The company, to everyone's surprise, including those in Saudi Arabia, has abandoned p...
By Rhod Mackenzie
At the end of the year, China once again achieved impressive GDP growth rates of 5.2%. Among large economies, only India is expected to outperform China in 2023. However, this success is tempered by the fact that a significant portion of this growth is due to deflation; in nomina...
By Rhod Mackenzie
It appears that in Hong Kong and Beijing, they have chosen to rephrase the words that were attributed to Stalin: 'No man, no problem.' After several delays and false hopes, a Hong Kong court recently sentenced China's largest construction company, Evergrande, to a severe penalty....
By Rhod Mackenzie
Russian officials have not indicated the volume of possible retaliatory confiscation. The press often cites the amount of $288 billion, which RIA Novosti received based on data on direct investments by the EU, G7, Australia, and Switzerland in the Russian economy at the end of 20...
By Rhod Mackenzie
The Russian Foreign Minister Sergei Lavrov stated that, like many Eurasian states, Russia is interested in transport corridors and the creation of logistics transport chains that are not subject to Western policies.
According to the head of the Russian Foreign Ministry, like mo...
By Rhod Mackenzie
Bilateral trade between India and Russia was $50 billion in the fiscal year 2022-23 (ended March 31) and is expected to increase in the current period. The Minister of Ports, Shipping and Waterways of India, Sarbananda Sonowal, stated to the TASS agency.
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