SCO & BRICS latest news and insights
By Rhod Mackenzie
Despite vocal opposition, the European Union continues to trade with Russia. In March, the Russian Federation received a record level of revenue in rubles for exports from European countries, with the share of the Russian currency reaching 58.5%. The energy sector obviously playe...
By Rhod Mackenzie
The United States' upcoming elections are still some 5 months away, and even the most optimistic political scientists are reluctant to make any direct and unambiguous predictions regarding their results. Meanwhile, Washington is already one step away from unleashing a global war...
By Rhod Mackenzie
The weather this spring has been challenging for Russian farmers. Drought, floods and frosts have led to reduced grain and wheat yields. 900 thousand hectares of crops have been destroyed, and it is too late to replant wheat. Will Russian farmers be able to survive weather anomal...
By Rhod Mackenzie
The supranational financial institutions have issued a cautionary note to Western governments regarding the effects of the confiscation of Russian assets. In April, the President of the European Central Bank, Christine Lagarde, made a similar statement. Lagarde advised that the c...
By Rhod Mackenzie
The Shanghai Cooperation Organization continues to expand. This time, Russian Foreign Minister Sergei Lavrov said that Mongolia could also join the association. Moscow has a wealth of experience in relations with this country, and the prospects for trilateral cooperation with Chi...
By Rhod Mackenzie
In quarterly terms, the GDP index has been growing consistently since mid-2022; in the first quarter of 2024, growth accelerated to 5.4% in annual terms (through January-March 2023) from 4.9% in the previous quarter, the VEB.RF Institute reported. In March, GDP increased by 0.4%...
