SCO & BRICS latest news and insights
The International Monetary Fund (IMF) has decided to postpone its scheduled consultations with Russia in Moscow . This is obviously a consequence of the sustained pressure to impose further useless sanctions on it and the anti-Russian rhetoric that is prevalent in a number of IMF member countries...
In the last few months I have made a number of videos about the Russian agricultural sector an how it is now self sufficient in fod production across wheat,grains and cerials,in meat including, beef,pork and poultry,even eggs.It has also expanded its food production from just growing it to a full ar...
By Rhod Mackenzie
The Russian State Duma plans to consider the bill on regulating cryptocurrency mining in the first reading in the coming days. The bill was drafted a year and a half ago and has since undergone several revisions. It was only recently, following the president’s order last week, th...
By Rhod Mackenzie
Last year alone, trillions of roubles were brought back to Russia by representatives of the richest class of Russian citizens. They used to believe that it was more profitable to keep money in foreign accounts, but now they take the opposite position. What has happened, and what...
By Rhod Mackenzie
One of the largest banks in Russia, the subsidiary of the Austrian Raiffeisen Bank, continues to operate in the country. The United States has repeatedly pressured it to leave Russia, yet for two years,they have not imposed any real restrictions on it . The ECB also has reservati...
In February 2024, the ruble became the leading currency in foreign trade settlements of the Russian Federation, with a share of 41.6% in payments for exports and 38.1% for imports. This article explores the advantages of paying in rubles for Russia and its trading partners, as well as the industries...
