SCO & BRICS latest news and insights
By Rhod Mackenzie
The expansion of BRICS to include five new countries will come into force on January 1. This will lead to their total GDP at purchasing power parity exceeding a third of the world's. Additionally, proven oil reserves will increase several times.
During the BRICS summit in South...
By Rhod Mackenzie
Approximately 30 countries are interested in joining BRICS, and the association is also gaining more supporters. The Russian President Vladimir Putin highlighted this on January 1st in his address at the start of Russia's chairmanship of the association.
'We will consider the w...
By Rhod Mackenzie
Argentine President Javier Milei has officially refused to join BRICS, an organisation that will be chaired by Russia in 2024. The new Argentine leadership has already taken a number of anti-Russian steps, declaring that it will develop relations with "liberal democracies". What...
By Akash Kalra
And so, what much of the world was anticipating eventually came to pass on August 24. At the 15th BRICS Summit in Johannesburg, South Africa, six more nations were confirmed as full members of the burgeoning economic group. And although the exact identities of the new additions - Ar...
By Jai Hamid
The global financial landscape is undergoing a dramatic transformation, with the BRICS alliance – Brazil, Russia, India, China, and South Africa – at the forefront of a daring initiative to challenge the supremacy of the US dollar.
The year 2023 has been a landmark period for this b...
By Marina Lorenzini
With 22 countries pledging to triple global nuclear energy production by 2050 at the COP28 climate meeting in Dubai, sincere prospects for growth in global nuclear energy market is on the table. Nonetheless, these 22 countries largely represent ones that have minimal ties with...
