SCO & BRICS latest news and insights
The UN has acknowledged that Russia's economy has experienced growth, which is an accomplishment that few G20 countries have attained. Despite the sanctions, Russia's overall exports have remained relatively unchanged, oil and gas revenues are now experiencing monthly growth. However, it is still p...
By Rhod Mackenzie
The OPEC+ countries' decision to maintain their current production volumes is expected to positively affect oil prices, according to oil market analyts predicting that prices are to remain above £90 per barrel in the coming months. At the OPEC+ monitoring committee meeting on Oct...
By Rhod Mackenzie
The level of business activity in China picked up in September. The PMI business activity index rose from 49.7 in August to 50.2, surpassing the forecast of 50.0, this was reported by the National Bureau of Statistics of China. This rise suggests some economic growth. In addition...
By Phumlani Majozi
A new era begins in geopolitics
The United States' dominance, that has been around for the past decades, is now being challenged by China. We are witnessing changes in the structure of geopolitical order, as China is becoming more and more assertive on the global stage.
It w...
By Rhod Mackenzie
For most of the last decade, the price of gold has been driven by the cost of money (interest rates): the lower the base rate fell, the higher the gold price went, and vice versa. Most analysts say that gold is the "anti-dollar", i.e. the asset that investors who do not trust fia...
By Ivan Timofeev.
Sanctions have caused damage and continue to distort normal market relations, writes Valdai Club Programme Director Ivan Timofeev. But business continues to find alternative ways. The regime of Western sanctions against Russia is likely to continue for decades. Therefore, investi...
