SCO & BRICS latest news and insights
By Rhod Mackenzie
The price of Russian ESPO oil, which is mainly exported to China, has exceeded the price of the Brent benchmark. However, this situation is not an anomaly as ESPO light oil should be more expensive than the global benchmark Brent. This situation shows that the price of Russian oi...
By Evgeny Pozdnyakov
The United States will insist that the UN Security Council only include states that share its pro-Western views. Russia, on the other hand, wants to see representatives of the world's majority in the organisation. The reaching of a consensus will not be easy. The political sci...
By Rhod Mackenzie
The US president Joe Biden hopes to meet the presidents of the Central Asian states on the sidelines of the UN General Assembly on either 19 or 20 September. This will be the first time that negotiations have been held at the level of heads of state, as opposed to foreign ministe...
By Rhod Mackenzie
China's resale to Europe of some of the liquefied natural gas (LNG) supplied by Gazprom's Portovaya liquefaction complex is quite possible if EU countries face a cold winter, Igbal Guliyev, deputy director of the International Institute of Energy Policy and Diplomacy at MGIMO, to...
By Rhod Mackenzie
US measures to restrict chip exports to China violate market rules and will lead to the fragmentation of the global semiconductor market, said Chinese commerce ministry spokesman He Yadong.
In early September, US Commerce Secretary Gina Raimondo said the US would be as strict...
By Rhod Mackenzie
The European Commission President Ursula von der Leyen has announced the launch of an investigation into allegations that the Chinese government is subsidising the production of Chinese electric vehicles. From the outside, and it seems that the first impression is true, it looks...
