SCO & BRICS latest news and insights
By Rhod Mackenzie
A recent survey of 75 central banks world wide has illustrated a serious reorientation of financial flows, with a shift away from the dollar and towards gold, the euro, and the yuan. Lets recall Russia pioneered this trend over a decade ago after sanctions were introduced against...
By Rhod Mackenzie
The Russian Ministry of Trade and Industry is considering the extending of the current parallel import mechanism until 2026. Roman Chekushov,the State Secretary and Deputy Minister, announced to the journalists. A discussion was held on the potential for parallel imports to ful...
By Rhod Mackenzie
Russian and China who are members of both the SCO,BRICS plus being large trading partners really need to sign off on the deal for both the Power of Siberia 2 pipeline and some long term contracts for the Russian Arctic LNG as this would solve a number of the potential energy sup...
By Rhod Mackenzie
"This is thee biggest crisis in the history. of luxury goods" These are the words financial analysts use to describe what is happening to a company that was recently the most valuable in France, and whose owner was for a short time the richest man on the planet. Now I am talking...
By Rhod Mackenzie
The plenary session with Vladimir Putin at the St Petersburg International Economic Forum (SPIEF) on June 20 lasted four hours and covered both economic and international issues. The President has announced a major transformation of the global market, with BRICS assuming an incre...
By Rhod Mackenzie
It would appear that despite Donald Trumps bluster it is the US that has blinked first in the tariff war with China.
It has been reported that the US and China have have each had to make made concessions in concluding a trade agreement.How ever it is obvious that the US blinked...
