SCO & BRICS latest news and insights
By Rhod Mackenzie
As updated rules restricting the export of US chip-making equipment to China is reportedly in the final stages of review, Chinese analyst said on Friday that the US should show some sincerity if it desires the improving of relations with China and abandon its two-faced approach a...
By Rhod Mackenzie
The day following the most significant plunge in oil prices within the last year or so, its precipitous fall persisted. Within a couple of days, Brent has dropped to its lowest point since the summer and has lost over 14% of its value from its apex one week ago. The market now a...
BRICS is a prominent economic and political force, with India counted among its founding members. India derives significant benefits from its association with this alliance. This article delves into India's advantages as a BRICS nation.
Origin of BRICS
BRICS is an acronym for Brazil, Russia, Indi...
By Rhod Mackenzie
The Bank of China (BOC), one of China's four largest state-owned commercial banks, has inaugurated its first branch in Riyadh, the capital of Saudi Arabia.
This move aims to extend the use of the yuan in trade and finance. Analysts have observed that since the recent BRICS Summ...
The UN has acknowledged that Russia's economy has experienced growth, which is an accomplishment that few G20 countries have attained. Despite the sanctions, Russia's overall exports have remained relatively unchanged, oil and gas revenues are now experiencing monthly growth. However, it is still p...
By Rhod Mackenzie
Yields on US debt, specifically the 10-year and 30-year US government bonds, reached a 16-year high on 3 October. Beijing may be one of the contributing factors behind this surge, according to Business Insider. One advocate for the "China footprint" is Thorsten Slok, the chief ec...
