SCO & BRICS latest news and insights
By Rhod Mackenzie
Trade between Russia and China in the first 11 months of 2023 grew by 26.7% year-on-year, reaching a historical record turnover level of $218.17 billion. This was reported on 7th December by the General Administration of Customs of the People's Republic of China in a statement.
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By Timofey Bordachev
The visit of the Russian President to Saudi Arabia and the United Arab Emirates (UAE), as well as the extensive program of negotiations of the delegation accompanying him, is an excellent indicator of how much freer the leading countries of the World Majority have become in th...
By Rhod Mackenzie
In December 2023, analysts are concluding their assessments of the past year. One clear outcome they all agree upon by the majority is the achievement of the Chinese currency.
The Financial Times reports that the yuan has demonstrated significant triumph in 2023. This is rather...
By Rhod Mackenzie
The Russian gold mining ginat Polyus plans to produce the first batch of gold at Sukholozhskaya gold processing plant in Irkutsk by 2028, according to Roman Engelgardt, the company's director for government affairs in the region.
"Once the Sukhoi Log mill achieves its designate...
By Rhod Mackenzie
Bolivia is aiming o fully join BRICS, this was confirmed by its embassy in Russia to Izvestia. Meanwhile, the nation is prepared to grant partners access to its natural resources, notably lithium. Bolivia is not the lone country with a weak economy seeking BRICS membership. Howev...
By Rhod Mackenzie
The proportion of payments made in rubles for exports from the Russian Federation to Europe has set a new record, as revealed by by a report from the Central Bank. In September 2023, over half - 54% - of payments were made in the national currency according to statistics from the...
