SCO & BRICS latest news and insights
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...
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...
