SCO & BRICS latest news and insights
By Pepe Escobar
Across the Global South, countries are lining up to join the multipolar BRICS and the Hegemon-free future it promises. The onslaught of interest has become an unavoidable theme of discussion during this crucial year of the Russian presidency of what, for the moment, is BRICS-10.
I...
Russian oil companies experienced payment delays for crude oil and fuel of up to several months. According to Reuters, this is due to several banks in China, Turkey, and the UAE being afraid of secondary sanctions. However, experts suggest that the situation is not critical.
Eight sources cited by...
There are more and more indications that the Chinese economy is stabilizing. The statistical data on the profits of industrial enterprises in China in January-February 2024 confirms that Beijing is moving in the right direction with its economic policy. Chinese industry has been experiencing a posit...
By Rajiv Bhatia
On 1 January 2024, the chairship of BRICS shifted from South Africa to Russia, with a full agenda in tow. BRICS, a multilateral forum of five nations – Brazil, Russia, India, China, and South Africa – made history by accepting the applications of six other states – Argentina, Saudi...
Rosatom is in negotiations with Chinese NFC and Powerite to design a factory for the Pavlovsk lead-zinc deposit on Novaya Zemlya. This move comes after Rosatom was left without European partners and foreign funding due to sanctions. The project will be developed from scratch, and the companies will...
By Julius Alagbe
A group of academicians have emphasised the need for Nigeria to join BRICS, an economic bloc comprising Brazil, Russia, India, China and South Africa for economic transformation.
The experts made the call at a summit in Abuja on Tuesday, with the theme: “BRICS+ And Global South...
