SCO & BRICS latest news and insights
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...
By Rhod Mackenzie
More and more Western economists cite the Chinese economy as the main threat to global demand for raw materials, which has sharply slowed growth and recovery after the lifting of coronavirus restrictions. Economic activity and credit flows in the Celestial Empire have fallen shar...
