SCO & BRICS latest news and insights
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...
By Ulrike Reisner
The EU countries are not able to compensate for the economic losses caused by the sanctions against the Russian Federation. The process of deindustrialisation in Europe continues. This is resulting in a permanent loss of wealth for Western societies.
At the end of August, the S...
By Rhod Mackenzie
The Chinese Export-Import Bank of China (EXIM) has recently struck a preliminary deal with the Sri Lankan government regarding the debts of this South Asian island. The reports that negotiations were taking place were kept under wraps but have now come to light via a message fro...
By Rhod Mackenzie
The military conflict in Israel and the Palestinian territories have caused strain on the global economy and financial system that were already struggling. Although the initial impact has been moderate, investors remain apprehensive about other equally pressing issues. If the hos...
