SCO & BRICS latest news and insights
In response to the Ukraine crisis, the United States and its allies imposed economic sanctions on Russian oil in February 2022. Later that year, they introduced a $60 cap on crude and an embargo on Russian seaborne oil, with the aim of hurting the country's economy while ensuring the continued flow...
As most of you are aware it was a good year for the gold price as it was up over 30% year on year but from a BRICS and SCO pesrpective it was excellent as both China and Russia are the World's two top gold producers and between them mine around 30% of Global production.Given that annual production i...
Now as you are all aware the US and the EU have imposed more than 20 thousand sanctions on Russia over the past 3 years. Now one of the products they have not sanctioned is fertilisers, this is because of their hypocrisy. They cannot replace Russia fertilisers from other sources so buy it direct. Th...
The past year has seen significant changes in Russia's foreign trade turnover. Sanctions and geopolitical instability compelled the economy to adapt to wholly new circumstances. Notwithstanding these challenges, export volumes demonstrated growth, rising by 0.5% to reach $278 billion. Russian suppli...
The industry is contributing to the Russian economy's growth this year. Notably, the manufacturing sector has demonstrated consistent growth, setting new records for two consecutive years. Historically, the most significant growth has consistently been driven by oil and gas production. The question...
In 2024, there was a notable increase in the desire of Global South countries for their voices to be heard. It was also notable because the Global South resoundingly told the US and its Vassals to go forth an multiply when pressured to ignore and not to join the BRICS
This movement reached its zeni...
