SCO & BRICS latest news and insights
By Rhod Mackenzie
India and China took the lion's share of Russian oil exports that dropped out of the European market. However, other buyers also contribute to the Russian budget: Brazil, Saudi Arabia, the UAE. All of them increased purchases of oil and petroleum products from Russia. Analysts st...
By Rhod Mackenzie
The outcome of the meeting between the US President Joe Biden and Chinese President Xi Jinping at the APEC summit on October 15 was quite modest. This endorses analyst opinion that the nations are in deep political conflict and the past discussions were required to avoid further...
By Rhod Mackenzie
At a post-summit press conference between the United States and China, President Joe Biden reiterated his view that Xi Jinping is a dictator.
"Well, he is a dictator. He alone governs a communist country with a vastly different government to ours. Nevertheless, we have made pro...
By John Gong
The architects of the current global governance system have failed the world. Not only didn’t they redeem the sins of their ancestors, but we now have the leaders of the richest club in the world convening every year preaching to the rest of the planet about the rules-based order, whi...
By Rhod Mackenzie
The October figures for China's industrial production and retail sales were better than expected, indicating that the long-awaited recovery of the world's second-largest economy may be on the horizon. T However, the construction industry remains in a deep crisis, hindering its pr...
By Rhod Mackenzie
The current state of the liquefied gas (LNG) spot market is relatively placid compared to their usual seasonal conditions. Whilst the outdoors are still warm, the subterranean storage facilities throughout Europe and Asia are brimming with gas and poised for the imminent winter....
