SCO & BRICS latest news and insights
By Anna Koroleva
The imports of nitrogen fertilizers to Germany from Russia over the past summer increased by a gigantic 334%, reaching about 167 thousand tons. And for the entire year before that, from July 2022 to June 2023, it amounted to only 38.5 thousand tons. These figures were reported by...
By Vladimir Chernov
Germany, which having reduced its reliance on the purchase of pipeline gas from Russia, has now become dependent on Russian fertilizers. The rising energy prices have impacted the operation of the countries chemical enterprises and now Germany imports fertilisers rather than...
By Olga Samofalova
Ukraine has demanded that the US and Europe stop buying oil products by countries that use and process Russian oil like India despite the fact that Ukraine itself continues to earn revenue on the transportation of Russian oil. If the US and the EU listen to Kiev, then this wil...
By Rhod Mackenzie
Imports of Russian LNG to the EU countries this year increased by approximately 1.7% compared to 2022, which was when the figures had reached record levels.
This is reported by the Financial Times with reference to information contained in a report by the non-governmental organ...
By Yaroslav Lissovolik
The 2023 BRICS summit is over and it is clear that it is one of the most historic and transformational BRICS summits on record. While there has not been much progress on critical issues such as BRICS+ trade liberalization or the creation of a new reserve currency, a major ex...
By Alexander Labykin
After withdrawing from the grain deal, Russia got rid of the price discount for its wheat on the world market. However, the growth of exports and profits of grain producers is limited by the current export duty
With the termination of the grain deal, wheat exports from Ukrai...
