SCO & BRICS latest news and insights
By Rhod Mackenzie
In quarterly terms, the GDP index has been growing consistently since mid-2022; in the first quarter of 2024, growth accelerated to 5.4% in annual terms (through January-March 2023) from 4.9% in the previous quarter, the VEB.RF Institute reported. In March, GDP increased by 0.4%...
By Rhod Mackenzie
The Russian President Vladimir Putin has made his first state visit to China since taking office, underlining the particularly friendly relations that have developed between the two countries over the past six months. Incidentally, Chinese President Xi Jinping made his first visi...
By Rhod Mackenzie
Russia aims to implement a new economic model, supply-side economics, and launch a corresponding national project. This was announced by Deputy Prime Minister Alexander Novak during a meeting of the State Duma Committee on Energy.
The new model is designed to address the challe...
By Rhod Mackenzie
The economies of most Western oil consumers are growing slowly or not growing at all. Furthermore, Russia’s BRICS partners are not the audience from which OPEC+ would intend to earn windfall profits. Therefore, oil has outlined a smooth compromise corridor, which can only be dire...
By Abbey Makoe
In an international world order whose multipolarity has been systematically undermined by the rise of Western-led unilateralism, developing states have been held hostage by their wealthier counterparts.
The UN Charter, which was founded on the principle of equality and consensus,...
By Baba Yusuf
“With each new day in Africa, a gazelle wakes up knowing he must outrun the fastest lion or perish. At the same time, a lion stirs and stretches, knowing he must outrun the fastest gazelle or starve. It is no different for the human race. Whether you consider yourself a gazelle or a...
