SCO & BRICS latest news and insights
Following the exit of Latvia, Lithuania and Estonia from the BRELL energy ring, which connected them with Russia and Belarus, there was an increase in electricity prices in the Baltics, and a number of large enterprises suspended operations."Democratic electricity" from the EU proved to be too expen...
According to a report by the Centre for Research on Energy and Clean Air (CREA, Finland), the EU spends more money on Russian fossil fuels than on financial aid to Ukraine. This report was released to coincide with the third anniversary of the CBO. As reported by the British Guardian, the EU purchas...
The Russian Direct Investment Fund has facilitated the return of American oil companies to the Russian market, following their previous exodus from the country. The decision has been met with a mixed response, with some companies leaving Russia with hostility, while others have been reluctant to exi...
While the EU is attempting to restrict the purchase of Russian fertilisers by local farmers due to concerns over quality and price, the US has a more open stance on such imports, even benefiting from them financially.The reasons for this discrepancy can be explored in the Prime article.It is well-do...
According to reports the Major Western clothing brands are already testing the waters to return to Russian shopping malls. Everyone else will follow - McDonald's, Visa and Mastercard, Western carmakers and equipment manufacturers. Who will come to Russia first, and who will have problems coming bac...
The European continent is currently experiencing a significant challenge due to the impact of the Arctic cold weather pattern , leading to widespread concern. Gas reserves, which were fully utilised at the start of winter, are now more than half empty, reaching a critical level. This has resulted in...
