SCO & BRICS latest news and insights
By Viktoria Panova
BRICS has received an impulse to make a real transition to a new, more just world order. The ability of the new BRICS to fully realize itself and fulfill the mission of the transition depends on how our descendants will remember the 21st century, writes Viktoria Panova.
Last...
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...
The Russian Federation may extend the reduction in oil exports that began in the summer to October, but there is no final decision yet. In July-August, the country reduced supplies abroad by 500,000 barrels per day (b/d), and in September it promises to keep the decline at 3
00,000 b/d. The expecte...
By Elena Gorbacheva
After Argentina, Ethiopia, the United Arab Emirates, Saudi Arabia, Egypt and Iran officially join the BRICS next year, its combined GDP will be 37% of the world's. In addition, it will control almost 50% of world oil production and 40% of its exports. The control of energy reso...
By Peter Skorobogaty,Alexander Smirnov and Elena Gorbacheva
The intrigue on the eve of the BRICS summit in South Africa was fundamental. The 23 states from all parts of the world that stood on the threshold of BRICS, by the very fact of being interested in an alternative platform for resolving iss...
By By Xie Wenting in Johannesburg and Liu Xin in Beijing
The Chinese President Xi Jinping returned to China on Friday after wrapping up his 10th visit to the African continent, during which he attended the 15th BRICS Summit and paid a state visit to South Africa. Observers said that the Chinese le...
