SCO & BRICS latest news and insights
By Rhod Mackenzie
According to the Russian Federal State Statistics Service (Rosstat), the production of passenger cars in Russia in August 2023 doubled compared to August 2022. The figure was 49.6 thousand units. At the same time, in comparison with July 2023, car production increased by 20.7%. A...
By Rhod Mackenzie
After the BRICS summit in South Africa, where little to no progress was made in discussions on the issue of the creation of a single currency for the block, the Western media were unanimous in declaring the idea a failure and the utter futility the attempts at de-dollarisation, i...
By Rhod Mackenzie
There are increasing signs that the Chinese economy is stabilising. August was the first month in more than a year that the profits at the leading industrial companies rose. According to the National Bureau of Statistics (NBS) of China, profits in the last month of the summer ros...
By Yaroslav Lissovolik
The 2023 BRICS summit has clearly been one of the most historic and transformational BRICS summits on record – a major expansion was unleashed by the bloc, with six new members forming part of the BRICS core starting from January 1, 2024: Argentina, Saudi Arabia, Ethiopia, t...
By Dr. Ibrahim Karatas
The global agenda is concerned with the enlargement of BRICS, a non-formal economic organization consisting of Brazil, Russia, India, China, and South Africa. Though the group does not have an official status, it functions as an international organization and accepts or reje...
By Phumlani Majozi
A new era begins in geopolitics
The United States' dominance, that has been around for the past decades, is now being challenged by China. We are witnessing changes in the structure of geopolitical order, as China is becoming more and more assertive on the global stage.
It w...
