SCO & BRICS latest news and insights
By Rhod Mackenzie
One of the largest banks in Russia, the subsidiary of the Austrian Raiffeisen Bank, continues to operate in the country. The United States has repeatedly pressured it to leave Russia, yet for two years,they have not imposed any real restrictions on it . The ECB also has reservati...
By Rhod Mackenzie
The presidents of Russia and China have signalled their willingness to collaborate on a solution to the challenges posed by US sanctions on trade settlements. How can Moscow and Beijing remove the third party from trading with each other?
Following negotiations with Chinese Pres...
During the international forum 'China's Development' at the Diaoyutai State Residence from March 25 to 27, Prime Minister of the People's Republic of China, Li Qiang, discussed the forthcoming changes to the rules governing access to the Chinese market and cross-border data flows.
The head of the P...
By Rhod Mackenzie
The economy of Russia is set to experience a growth of 3.5% by the year-end, as announced by Vladimir Putin at the "Russia Calling!" forum on December 7. Despite facing extraordinary sanctions, the country's development remained unhindered, as emphasized by the President. The e...
By Rhod Mackenzie
In the upcoming years, the financial world is poised for a genuine revolution that will ultimately erode the monopoly of the major Western banks. This announcement was attributed to Russian President Vladimir Putin with regards to analysts familiar with this subject. The primary...
By Rhod Mackenzie
The Ministry of Finance of the People's Republic of China is investigating the potential of granting unsecured short-term loans to eligible developers for the first time, according to reports in the Chinese media. This move is a part of the initiative to combat the severe crisis...
