SCO & BRICS latest news and insights
By Rhod Mackenzie
While Europe and the US are grappling with how to deal with their debts, Russia has turned Western pressure to its advantage and found an elegant solution to the financial crisis. However, this solution won't suit everyone.
Russia's debt at record low level
Russia's debt at re...
By Rhod Mackenzie
The tariffs imposed by US President Donald Trump have hurt the economies fellow G7 members and not those of the BRICS. The economic growth of Germany,Japan and the UK have been hard hit but the tarrifs have not impacted those of the leading BRICS members China and India.
Japa...
By Rhod Mackenzie
A recent survey of 75 central banks world wide has illustrated a serious reorientation of financial flows, with a shift away from the dollar and towards gold, the euro, and the yuan. Lets recall Russia pioneered this trend over a decade ago after sanctions were introduced against...
In the global political scene there are three major groupings, the oldest is the G7,It was established at the behest of France in the aftermath of the first Middle East oil crisis in 1973/74. The inaugural Summit was convened in 1975 in Rambouillet, with the participation of six countries: France, G...
Today I want to talk about Living standards in the G7 West which are the complete reverse of the situation in a nunber of the BRICS countries particularly Russia and China where over the last 30 years living standards have grown to levels not dreamed about during the Soviet Unions
Its been traditi...
Today I want to talk about Living standards in the G7 West which are the complete reverse of the situation in a nunber of the BRICS countries particularly Russia and China where over the last 30 years living standards have grown to levels not dreamed about during the Soviet Unions
Its been tradit...
