SCO & BRICS latest news and insights
By Rhod Mackenzie
Russia's economic partnerships with Asian and African nations have expanded while trade connections with the European Union have weakened, as per the most recent report by the Federal Customs Service (FCS).
Recently published data illustrates that exports to Asia escalated to $...
By Rhod Mackenzie
India and China took the lion's share of Russian oil exports that dropped out of the European market. However, other buyers also contribute to the Russian budget: Brazil, Saudi Arabia, the UAE. All of them increased purchases of oil and petroleum products from Russia. Analysts st...
By Rhod Mackenzie
The Russian economy has reached the level that it was at in February 2022, mostly due to non-standard solutions according to the latest reports. According to the architects of the sanctions, restrictions were introduced to weaken the ruble and the Russian economy. This, however,...
By Rhod Mackenzie
Venezuela aims to become a part of BRICS by 2024. Ivan Gil Pinto, the head of the Bolivarian Republic's Ministry of Foreign Affairs, revealed this in an exclusive interview with Izvestia. On November 16, the Foreign Minister of Venezuela held discussions with Sergei Lavrov, his R...
By John Gong
The architects of the current global governance system have failed the world. Not only didn’t they redeem the sins of their ancestors, but we now have the leaders of the richest club in the world convening every year preaching to the rest of the planet about the rules-based order, whi...
By Amro Selim
Earlier this year, the UAE, Saudi Arabia and Egypt, alongside Iran, were welcomed into the BRICS alliance, which comprises Brazil, Russia, India, China and South Africa. The inclusion of the Middle East countries, set to come into effect in January 2024, is slated to significantly bo...
