SCO & BRICS latest news and insights
By Timofey Bordachev
The capital of the Russian Far East, Vladivostok, is currently hosting the annual Eastern Economic Forum (EEF) - a major public event and showcase for the country's pivot to the East.
This ambitious policy was adopted by Moscow just over a decade ago, when President Vladimir...
By Rhod Mackenzie
The Chinese state-owned company Sinopec will be holding a tender to buy large volumes of LNG on the spot market. Analysts fear that the already high prices will return to last year's levels and that previously European bound cargoes will start to flow to Asia.
Chinese companie...
By Rhod Mackenzie
Analysts at JPMorgan, have concluded that the correlation between the strength of the dollar and oil prices is weakening. Moreover, thishas happened mainly because literally every day more and more transactions in the oil markets take place not in dollars, but in national currenc...
By Rhod Mackenzie
In the first half of 2023,the volume of trade between the Russian Federation and China grew by 40% - previously the countries have not shown such results, said the head of the Institute of Asian and African Studies at the Lomonosov Moscow State University, Alexey Maslov, speakin...
By Rhod Mackenzie
The US President Joseph Biden announced with New Delhi the creation of a major India-Middle East-Europe economic corridor for the supply of energy resources and products. This project could become a rival to a similar Chinese initiative - the Silk Road. Washington also wants to d...
By Rhod Mackenzie
More than 80% of payments between the Russian Federation and China are made in national currencies, so we can declare that the de-dollarization of economic relations between the two countries has taken place, said Georgy Zinoviev, director of the first Asian department of the Rus...
