SCO & BRICS latest news and insights
By Rhod Mackenzie
The market paid little attention to the thirty-sixth OPEC+ oil producers club ministerial meeting held last Thursday. Although production cuts amounting to 2.2 million barrels per day were announced, oil prices rose briefly before slumping once again.
The production quotas for...
By Rhod Mackenzie
The US Secretary of Commerce, Gina Raimondo, was present at the yearly Reagan National Defense Forum held in California on Saturday. Her speech disclosed important insights that merit discussion. The Secretary of Commerce's attendance at the conference, which was predominantly go...
By Rhod Mackenzie
The 2023 Understanding China Conference took place in the Chinese city of Guangzhou, ended on Sunday, has become a vital platform to tackle the significant "understanding deficit" between nations and civilizations. It aims to promote mutual trust.
Understanding Chinese moderni...
By Rhod Mackenzie
The new Argentinian authorities are presently undecided about whether to join the BRICS alliance of major non-Western countries.
BRICS remains open to aid developing economies and protect their interests. Wang Wenbin, the official representative of the Chinese Foreign Ministry,...
By Rhod Mackenzie
Russia, under the plan announced earlier this year by Vladimir Putin to send free shipments of grain to several African nations, has delivered the initial consignment to Somalia this week. Somalia has received a shipment of 25,000 tonnes of grain.
The delivery is a result of th...
By Rhod Mackenzie
Abu Dhabi's choice to discard the dollar in its trade demonstrates the significant changes the world has undergone in recent years.
There is a new addition to the de-dollarisation supporters, according to cryptopolitan.com, the United Arab Emirates (UAE) has ceased using the Ame...
