SCO & BRICS latest news and insights
By Rhod Mackenzie
Historically, investments into the Belt and Road Initiative (BRI) have been denominated in US dollars. Nevertheless, high interest rates as well as escalating geopolitical tensions have prompted the adoption of alternative approaches by an increasing number of investors, to avoid...
By Rhod Mackenzie
The current relationship between Russia and China did not develop because of events in today's world and were not the result of the current political conditions in the world; they have however been developed carefully and calmly over the last two decades, President Vladimir Put...
By Rhod Mackenzie
The undeclared conflict between OPEC and the autonomous US shale firms that persisted in recent years has ended with the triumph of the oil cartel. Unexpectedly, it was the major oil and gas companies were responsible for OPEC's triumph , as they are currently buying up every sig...
By Ulrike Reisner
The EU countries are not able to compensate for the economic losses caused by the sanctions against the Russian Federation. The process of deindustrialisation in Europe continues. This is resulting in a permanent loss of wealth for Western societies.
At the end of August, the S...
Seyed Ali Rouhani, Iran's Deputy Minister of the Economy , stated in an interview with RIA Novosti that Iran can play a role in nsuring the energy security of BRICS member nations while also linking Russia with India and China with Africa.
"Our trade volume with BRICS countries in 2009 was approxi...
By Rhod Mackenzie
The Chinese Export-Import Bank of China (EXIM) has recently struck a preliminary deal with the Sri Lankan government regarding the debts of this South Asian island. The reports that negotiations were taking place were kept under wraps but have now come to light via a message fro...
