SCO & BRICS latest news and insights
By Tao Mingyang
The yuan retained its position as the fifth most-used currency for global payments in July, with a share of 3.06 percent, according to the Society for Worldwide Interbank Financial Telecommunications (SWIFT) - the second time the currency exceeded the 3 percent benchmark.
The yua...
By Xie Wenting in Johannesburg and Chen Qingqing in Beijing
The BRICS countries welcomed six new members from three different continents on Thursday, marking a historic milestone that underscored the solidarity of BRICS and developing countries and determination to work together for a better futur...
By Fan Anqi
The fourth to join the lunar-landing club and the first to land near the moon's south pole, India's Chandrayaan-3 spacecraft notched a historic milestone on Wednesday as it softly touched down on the lunar surface, drawing enthusiastic applause from stargazers across the world.
Chin...
By Alexandra Yudina
The expansion of the BRICS was a personal defeat for the President of the European Commission Ursula von der Leyen and the head of European diplomacy Josep Borrell, said Ramon Schak, a journalist for the German newspaper Berliner Zeitung.
In his article, he emphasized that "so...
By Evgeny Pozdnyakov
From January 1, 2024, six new states will join the BRICS. The organization significantly increases its influence, developing new regions and gaining a foothold in old ones. What can the association offer to new members, what potential do they have, and how beneficial is the BR...
By Anna Koroleva
The Brazilian Finance Minister Fernando Addad said that Brazil has offered Argentina to use the yuan as a guarantee instrument in bilateral trade. Thus, TASS reports, the Chinese currency can replace for these two countries the American one, which is still used. The state bank Ban...
