SCO & BRICS latest news and insights
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...
By Phil Butler
As of the time of me writing this , US dollar reserves have fallen by 6.5% as foreign central banks cut ties with the currency. The BRICS countries, especially those in the global South, are leading the charge to depart from the decades-long dominance of the American currency. China...
By Rhod Mackenzie
The last twelve months will be remembered for Russia's impressive diplomatic victories in Africa. Moscow has achieved significant success in its military, energy, and economic cooperation with African countries, while simultaneously reducing France's influence on its former colon...
By Rhod Mackenzie
Trade turnover between Russia and India will reach $50 billion by the end of 2023, which will be a historical record. This was stated by Deputy Prime Minister and Head of the Ministry of Industry and Trade of the Russian Federation Denis Manturov on Tuesday 26 December during neg...
By Rhod Mackenzie
Russia plans to reduce the share of supplies of oil and its products to European countries to 4-5% of total exports by the end of 2024. This was stated by Russian Deputy Prime Minister Alexander Novak live on the Rossiya 24 TV channel on Wednesday 27 December.
"If previously we...
