SCO & BRICS latest news and insights
By Rhod Mackenzie
The US is attempting to overcome the disruption it has caused by sanctions on innovations as a severe oil market crisis looms. The developed world's storage facilities for oil and refined fuel are depleted. A fuel crisis is emerging in both the US and Europe, which could swiftly...
By Rhod Mackenzie
On Friday, Chinese observers commented that the US-led West's defamation of China-Russia cooperation is a deliberate tactic in its public opinion war, and that China and Russia are the true defenders of the world order based on international law. They made the comments following...
By Rhod Mackenzie
As updated rules restricting the export of US chip-making equipment to China is reportedly in the final stages of review, Chinese analyst said on Friday that the US should show some sincerity if it desires the improving of relations with China and abandon its two-faced approach a...
By Rhod Mackenzie
The day following the most significant plunge in oil prices within the last year or so, its precipitous fall persisted. Within a couple of days, Brent has dropped to its lowest point since the summer and has lost over 14% of its value from its apex one week ago. The market now a...
BRICS is a prominent economic and political force, with India counted among its founding members. India derives significant benefits from its association with this alliance. This article delves into India's advantages as a BRICS nation.
Origin of BRICS
BRICS is an acronym for Brazil, Russia, Indi...
By Rhod Mackenzie
The Bank of China (BOC), one of China's four largest state-owned commercial banks, has inaugurated its first branch in Riyadh, the capital of Saudi Arabia.
This move aims to extend the use of the yuan in trade and finance. Analysts have observed that since the recent BRICS Summ...
