SCO & BRICS latest news and insights
Over the past 15 years, Russia has developed one of the world's most advanced pork industries, achieving self-sufficiency and becoming one of the top 5 global producers.
According to the source, Russia has created one of the most modern pork industries in the world, achieved self-sufficiency, enter...
By Rhod Mackenzie
The revitalized BRICS is strengthening its position on multiple fronts simultaneously. Russia intends to establish a shared grain exchange, which will enhance Moscow's significance as a primary supplier and bolster the food security of the interstate alliance. Furthermore, this w...
By Rhod Mackenzie
As interested observers and market participants may recall, the Group of Seven (G7) countries, along with the European Union, Australia, and New Zealand, agreed to cap the price of a barrel of Russian oil transported by Western tankers and insured by Western insurers at $60 from...
By Rhod Mackenzie
Vietnam is considering joining BRICS and determining its level of participation in the association, according to the country's embassy in the Russian Federation. However, the embassy did not confirm whether Vietnam has submitted an application for membership. Previously, the Sout...
By Rhod Mackenzie
During her visit to the PRC, the US Treasury Secretary Janet Yellen accused China of engaging in 'overproduction' and unfair business practices that give Chinese companies an advantage over their US counterparts. Yellen's statements reflect the growing concerns of American busine...
Despite the recent revival of the Chinese economy, Fitch, one of the Big Three credit rating agencies, has downgraded China's credit rating outlook to negative. This decision was made due to the risks to the financial system during the transition to a new growth model.
Moody's downgrade of the rati...
