SCO & BRICS latest news and insights
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...
By Rhod Mackenzie
The growth of Russia's gross domestic product (GDP) this year may exceed 2.5%. This was announced on August 26 by Russian Finance Minister Anton Siluanov in an interview with the Chinese TV channel CGTN.
The head of the Ministry of Finance noted that specialists in the Russian...
By Rhod Mackenzie
The attractiveness of the BRICS countries demonstrates that the West has lost its former integration strength, and the world has entered a phase of development of a multipolar world order. This opinion was expressed on August 26 by the member of the Bundestag from the Alternative...
