SCO & BRICS latest news and insights
By Rhod Mackenzie
The use of dollars for payments for Russian exports of oil and oil products in fell to 5%of the total volume , while in yuan they rose to 67%. According to documents from the Ministry of Energy, more than 90% of payments for raw materials and fuel are made using currencies from...
By Rhod Mackenzie
Shanghai takes on London & NYC Gold Monopoly
Shanghai aims to compete with major international financial centres such as New York, London and Zurich, and secure a position as a leading custodian of foreign gold reserves. Beijing has initiated a programme to encourage other coun...
By Rhod Mackenzie
The Northern Sea route between China and Europe via Russia is the newly fully developed transportation corridor has become a competitive alternative to traditional maritime routes between Asia and Europe.
China is launching a regular large container ship delivery service via...
By Rhod Mackenzie
China has forced Poland's into the reopening of the vital transport corridor between China,Eurasia and the EU.Rhod Mackenzie looks at how this vital transportation link is part the struggle the EU has between the US and its trade with China
Poland has surrendered to pressure fr...
By Rhod Mackenzie
For over a year and a half, Arctic LNG-2 experienced challenges in selling its gas due to sanctions imposed on the project by the US. However, a buyer has suddenly emerged, presenting an unexpected development.
It has become evident that China is now willing to purchase gas fr...
By Rhod Mackenzie
For the Russian Federation, its oil and gas exports are of paramount importance. They are not merely a major component of the nation's balance of payments; they are the one of the cornerstones of the economy. Now If the European segment is being systematically replaced by America...
