SCO & BRICS latest news and insights
By Rhod Mackenzie
President Biden has announced the imposition of additional and increased tariffs on Chinese goods in response to what he describes as Chinese trade "fraud". He has also stated that he believes China will not leave Washington’s actions without consequences and will respond adequat...
The International Monetary Fund (IMF) has for the first time outlined the deglobalisation trend in the world economy. The study, entitled 'Geopolitics and its impact on world trade and the dollar', identified three main blocs in the global economy: those focused on the United States, China and the n...
By Oleg Barabanov.
The question of the transition from a symbolic alternative to a real one in the activities of BRICS still remains relevant. This can be seen in both political and expert discussions among member countries, writes Valdai Club Programme Director Oleg Barabanov.
During last year...
In 2023 the Russian budget received nearly one trillion rubles more ( $10.5 billion )from the increase of non-resource and non-energy exports. This is an impressive 85% surge and it has given a strong financial boost to the country. What products fall under this export classification, what are the...
By Rhod Mackenzie
There are indications that two major countries with long-standing differences – India and China – may be on the verge of a new phase of rapprochement. What are the key factors driving this development, and what are the implications for Moscow, which has close ties with both Beiji...
By Pepe Escobar
Get ready for what may well be the geoeconomic bombshell of 2024: the coming of a decentralized monetary ecosystem.
Welcome to The Unit – a concept that has already been discussed by the financial services and investments working group set up by the BRICS+ Business Council and ha...
