SCO & BRICS latest news and insights
By Rhod Mackenzie
Two years after the introduction of Western sanctions against Russia, it can be concluded that they did not achieve their intended goals, as indicated in the study 'Why did the sanctions not work?' conducted by the Center for Financial Analytics of Sberbank. RBC reported this wit...
By Ebtesam Al-Ketbi
Our world is not static; the year 2023 witnessed heightened interest in the role of the Global South in shaping the international order.
The Concept of the Global South
The idea of the Global South is increasingly connected to the individual or collective efforts of develo...
Iran's Ambassador to India Iraj Elahi, Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal discussed the development of cooperation between India, Iran.
"H.E. Iraj Elahi ambassador of the Islamic Republic of Iran in New Delhi, met with H.E. Sarbananda Sonowal, Minister of Ports, Shi...
Saudi Arabia officially joined the BRICS alliance becoming the first large oil-producing country to enter the bloc. BRICS initiated a power move with Saudi Arabia’s inclusion as they now control nearly half of the world’s oil output. The development puts the US prospects in peril as America only hol...
Following South Africa's decision to trigger preferential trade as part of the free trade agreement with Egypt, sources from the latter country have highlighted the initial benefits of the nation's BRICS group membership.
This move signifies a fresh era of economic collaboration and paves the way...
By Rhod Mackenzie
The oil market is currently anticipating a ceasefire in the Gaza Strip and a potential significant decline in production statistics in the United States. Any future developments will depend on the accuracy of the American Energy Information Administration's forecast.
On the mor...
