SCO & BRICS latest news and insights
By Rhod Mackenzie
Historically, investments into the Belt and Road Initiative (BRI) have been denominated in US dollars. Nevertheless, high interest rates as well as escalating geopolitical tensions have prompted the adoption of alternative approaches by an increasing number of investors, to avoid...
By Rhod Mackenzie
The current relationship between Russia and China did not develop because of events in today's world and were not the result of the current political conditions in the world; they have however been developed carefully and calmly over the last two decades, President Vladimir Put...
By Rhod Mackenzie
The export of goods from China to the United States decreased by 16.4%, and its imports from there decreased by 6% according to data published by the General Customs Administration of the People's Republic of China based on the results of the first three quarters of 2023. What i...
By Rhod Mackenzie
The United States and the European Union have agreed to establish a collective tariff zone that will levy tariffs and duties on steel and aluminium imports from "non-market" economies.(by which they mean primarily China. )
On October 3, Politico reported that the parties entere...
By Rhod Mackenzie
Trade turnover between Russia and China rose by 29.5% to nearly £176.4 billion in the first three quarters of 2023, as per the data released last week by the General Administration of Customs of the People's Republic of China.
During the reporting period, China imported goods...
By Rhod Mackenzie
The head of the US Treasury, Janet Yellen, is regarded as one of the originators of the price ceiling on Russian oil imposed by the G7 and the European Union at $60 per barrel. She holds a positive view of her creation and has iterated its perceived efficacy, despite evidence tha...
