SCO & BRICS latest news and insights
By Rhod Mackenzie
The proportion of oil and gas revenues within the federal budget of the Russian Federation is expected to rise by the latter half of 2024, according to Oleg Abelev, the head of analytical department head at investment firm Ricom-Trust.
According to data from the Accounts Chambe...
By Rhod Mackenzie
The Ministry of Finance of the People's Republic of China is investigating the potential of granting unsecured short-term loans to eligible developers for the first time, according to reports in the Chinese media. This move is a part of the initiative to combat the severe crisis...
By Rhod Mackenzie
Saudi Arabia is keen on oil prices hovering around the range of $85-$90 per barrel. This is the price level necessary to mitigate their significant budget deficit. In light of this, the Saudi side has expressed discontent with the oil production levels of certain countries, accor...
By Rhod Mackenzie
Pakistan plans to become a member of the BRICS in the near future. The group is gaining popularity among countries worldwide, but the inclusion of a major Islamic and nuclear power may not receive support from other members, particularly India. Can Russia resolve the conflicts b...
By Pepe Escobar
Once upon a time, by the Don river, in the southern steppes of what today is still known as “Ukraine”, the Great King of Persia, the mighty Darius, leading the most powerful army ever assembled on earth, received a puzzling message from a foe he was pursuing: the nomad ruler Idanth...
By Rhod Mackenzie
Huawei Technologies Co. has caused concern among Western, particularly American and Japanese, policymakers. Its latest $900 smartphone demonstrates China's rapid progress in microelectronics and chip production, bringing it closer to the level of the United States. The powerful 7...
