SCO & BRICS latest news and insights
By Rhod Mackenzie
Amidst the acrimonious standoff between Russia and the collective West, Gazprom lost the major portion of its European gas market, accounting for up to 40% of its revenue in times of peace. The challenge now is to ponder over two options: replace the lost Western exports with tho...
By Rhod Mackenzie
There is mounting evidence that Apple is losing its Chinese customer base. Primarily, this pertains to the newest iPhone 15 model, which has not been selling well in this crucial foreign market. Its sales declined by 6% in September compared to the previous year, according to the...
By Rhod Mackenzie
The project documentation for the Soyuz Vostok gas pipeline through Mongolia to China is expected to be approved in the first quarter of next year, paving the way for construction to commence.
The Deputy Prime Minister of the Russian Federation, Victoria Abramchenko, announced...
By Rhod Mackenzie
The International Energy Agency (IEA) has released its recent long-term forecast, World Energy Outlook. According to the report Russia's gas industry faces a bleak future with its market share predicted to decrease by half on the global platform. It is crucial to determine the ev...
By Rhod Mackenzie
The Chinese Premier Li Qiang has arrived in Bishkek, Kyrgyzstan, to attend the 22nd meeting of the Council of Heads of Government of the Shanghai Cooperation Organisation (SCO) member states from 24 to 27 October. Founded in 2001, the SCO currently has nine members: China, Kazakh...
By Evgeny Tipailov , Ivan Angulo
In August 2023, the BRICS summit ended very successfully. Starting January 1, 2024, Argentina, Saudi Arabia, Ethiopia, the UAE, Egypt and Iran will officially join the association. Together with the founders of BRICS, these states comprise almost half of the world'...
