SCO & BRICS latest news and insights
By Rhod Mackenzie
Russia, as the largest supplier of oil to India, has maintained this primacy since 2022, Igor Yushkov, an analyst at the Russian Financial University and at the National Energy Security Fund, told Izvestia on September 8.
As he clarified, the share of Russian oil in Indian impo...
By Gleb Baranov
September has turned out to be the best month of this year for oil prices so far. Last Friday, West Texas WTI, and on Monday, North Sea Brent, broke through the strong resistance levels, then reaching highs not seen since November: $88.08 and $91.15, respectively.
It was difficul...
By Gevorg Mirzayan
The collective West is making efforts to destroy Russia’s relationship with one of the most promising countries on the planet – India. Why exactly are they doing this and why does New Delhi, despite all these attempts and difficulties, support Moscow in its global confrontation...
By Leonid Tsukanov
Saudi Arabia persistently moves quickly into the group of “peacekeeping powers”. For Riyadh, active diplomatic work is an element of the competition for the right to be considered athe heart of the power of the new world order, an attempt to "reset" the country's image and get r...
By Lito U. Gagni
With the addition of six more countries to BRICS during the group’s recently concluded summit in Johannesburg, the big question now is whether the Philippines and its Asean partners are keen on being a part of the emerging economic grouping that could alter the global economic lan...
By Sergey Manukov
The biggest threat to America from de-dollarization, according to JPMorgan, is not so much the appearance of a competitor's currency, but the loss of Washington's main weapon with which it fought economic and financial crises in the past. The dollar helped Western central banks u...
