SCO & BRICS latest news and insights
By Sofwan F Arrasyid
The global economy always moves in ever-evolving dynamics, every economic actor, whether countries, groups of countries, multinational private companies or international organizations, has a significant role. One group that is increasingly prominent in the world economic lands...
By Rhod Mackenzie
The Russian Central Bank Governor Elvira Nabiullina showed Western economists an example of high-quality work under stressful conditions. In fact, she shattered all their illusory ideas about the financial system of the world, created over the course of the last 30 years.The econ...
By Rhod Mackenzie
In October 2023, Russia disappeared from the list of primary centres for yuan settlements via SWIFT. This development has significant ramifications as China is one of Russia's primary trading partners.
Notably, SWIFT is an international document management system employed by fi...
By Tatiana Bokova, Intern of the Russian National Committee on BRICS Research
In an era defined by rapid technological advancements, the impact of digitalization on global trade cannot be overstated. This is particularly evident in the burgeoning relationship between Russia and India, where the i...
By Faiza Abid
For nearly eight decades, the US Dollar (USD) has remained the primary global reserve currency. However, in recent times, due to growing concerns over dependency on the greenback, countries are looking towards alternative currencies for trade and other transactions, a phenomenon reco...
By Rhod Mackenzie
On 2nd November at 18:00 Moscow time, trading on the St. Petersburg Stock Exchange was suspended due to it falling under the sanctions imposed on Russia entities. Although trading of Russian shares continued on the next day from 2 p.m., foreign securities trading has not yet resu...
