SCO & BRICS latest news and insights
By Rhod Mackenzie
The decrease in pipeline supplies from Russia is compelling Europe to continually seek new gas sources amid long term global supply issues. The largest economy in the bloc, Germany, is looking to overcome the deficit by sourcing gas from Nigeria, which boasts the largest reserves...
By Yaroslav Lissovolik
Since its inception in 2013, the Belt and Road Initiative (BRI) has transformed ideas into actions, from a vision into reality, and from a general framework into concrete projects. Evaluating the BRI’s accomplishments over the last decade raises questions. How has the BRI ad...
By Evgeny Tipailov , Ivan Angulo
In August 2023, the BRICS summit ended very successfully. Starting January 1, 2024, Argentina, Saudi Arabia, Ethiopia, the UAE, Egypt and Iran will officially join the association. Together with the founders of BRICS, these states comprise almost half of the world'...
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...
