SCO & BRICS latest news and insights
By Rhod Mackenzie
Asian stock exchanges were awakened on Wednesday, October 25th by the news from China. The Standing Committee of the National People's Congress (NPC), also known as the Chinese Parliament, has approved a program to support the economy through the issuance of government bonds wort...
By Rhod Mackenzie
A major political row over gas has erupted between Serbia, Hungary and Bulgaria after Sofia imposed an extra duty on the transit of Russian gas . This move caused outrage in Budapest and Belgrade, who have vowed to respond in kind. The Bulgarian media believe that the levy will d...
By Rhod Mackenzie
The International Gas Union (IGU), the trade association representing the global gas industry, cautions about the possibility of diminishing gas supplies in upcoming decades without further investment. The repercussions of such a drop in supply are clear, particularly the price...
By Rhod Mackenzie
Russia will receive nearly one trillion rubles more ( $10.5 billion) in 2023 from the increase of non-resource and non-energy exports. The impressive 85% surge is proving to be a strong financial boost for the country. What products fall under this export classification, what are...
By Muzaffar Rizvi
THE UAE’s entry into influential BRICS group next year will further enhance its influence and provide more opportunities for trade and investment in one of the major economic blocs of the world, experts say.
Analysts, executives and economic experts said the UAE's entry could c...
By Rhod Mackenzie
The summer was not as dire for the Chinese economy as it has been portrayed in the Western Media. Reports claimed that the Celestial Empire almost faced an economic crisis. However, the third quarter saw 4.9% growth in the world's second-largest economy compared to the same perio...
