SCO & BRICS latest news and insights
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By Rhod Mackenzie

Bahrain believes that joining BRICS will bolster its position in the region and in the world in terms of economic development and security, according to the kingdom's ambassador to the Russian Federation, Ahmed Abdulrahman Al Saati, who spoke to RIA Novosti.
Bahrain has official...

By Rhod Mackenzie

The proportion of BRICS nations, inclusive of upcoming members, in the global GDP is set to rise from 36% to 45% by 2040, more than twice the proportion held by the G7 countries, according to a report by Bloomberg. The Associate Professor of the Department of Economic Policy at t...

By Rhod Mackenzie

Russia and Iran are prepared for mutually beneficial cooperation with all countries, particularly our neighbours. Central Asia is experiencing rapid development.  It is time for Europe to awaken to the current circumstances.

These are the key themes of the XVI Verona Eurasian E...

By Ali Kareem Ozheb

2023 has seen the announcement of a spate of invitations for potential accessions to BRICS—an emerging economic and geopolitical bloc currently comprising Brazil, Russia, India, China, and South Africa. On the heels of this, a number of other countries are also looking to join....

By Paul Goncharoff

With all the geopolitical and economic upheavals happening on what seems an accelerated daily basis, often important details get lost in the urgency of other events. Over the past weeks we have seen BRICS steadily growing, and just the Belt & Road forum has shown clear, goal dri...

By Rhod Mackenzie
Russia will maintain a voluntary reduction in the supply of oil and petroleum products to global markets by 300 thousand barrels per day until the year-end. Alexander Novak, the Russian Deputy Prime Minister, informed reporters on November 5th.

"A market analysis will be conduct...