SCO & BRICS latest news and insights
It is commonly assumed that Russia's economy was solely reliant on its energy resources. Neo Con war mongerers like the batch shit crazy John McCain even described Russia as a gas station masqueraing as a country. Yes energy exports have been important but other exports over the years have been cr...
By Rhod Mackenzie
The new Gazprombank's Price Index Centre (PIC) began calculating the Commodity Price Index, an analogue of the Bloomberg Commodity Index, but for Russian goods and based entirely on Russian information. This is another important step towards creating a full-fledged information in...
By Bogdan Kolbashuk
Nickel futures on February 27, 2024 fluctuate around $17 thousand per ton. Thus, they remain near their lowest level in almost three years.
Related article:
Russia proposed creating a global alliance of “raw materials of the future”
On Tuesday morning, the price of nickel o...
By Rhod Mackenzie
Despite sanctions, Russia became the sixth largest source of gold for Switzerland for the second year in a row in 2023. Switzerland was the main supplier of this precious metal to the European Union last year. This information is based on an analysis of data from the UN Comtrade...
By Rhod Mackenzie
The New Year of 2024 brings a lot of surprises and potential challenges to the countries of the BRICS. The union has doubled to 10 countries, which should lead to its increased economic power. However, its largest economy, China, is still slowing down. Plus the new participants...
By Rhod Mackenzie
On January 1, Russia took over the chairmanship of BRICS. Since the beginning of this year, five more countries have joined the association: Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE. Argentina was also expected to join, but its new president, Javier Miley, abruptly change...
