SCO & BRICS latest news and insights
The Chinese economy's data for the first two months of 2024 has pleased economists and investors. Retail sales increased by 5.5% in January-February, surpassing the forecast of 5.2% by economists surveyed by Reuters. Industrial production also rose by 7%, exceeding the forecast of 5%. Investments in...
By Rhod Mackenzie
In an interview with the Turkish news channel TRT Haber, Gurbanguly Berdimuhamedov, Chairman of the Khalk Maslahaty (People's Council) of Turkmenistan, stated that despite the global economic instability, the country's GDP grew by over 6% last year. This was reported by the Russi...
By Rhod Mackenzie
According to a report by India Ratings and Research, India has the potential to become an upper-middle-income country by FY 2033-36 and a $15 trillion economy between FY 2043 and 2047.
Until 2006, the World Bank classified India as a low-income country. India moved into the lowe...
By Rhod Mackenzie
In January 2024, the Russian economy experienced an unexpected acceleration, with annual GDP growth reaching 4.6%, up from 4.4% in December. The manufacturing sector played a significant role in supporting the GDP, despite increasing sanctions pressure and moderate hydrocarbon...
By Rhod Mackenzie
In January 2024, the Russian economy experienced an unexpected acceleration, with annual GDP growth reaching 4.6%, up from 4.4% in December. The manufacturing sector played a significant role in supporting the GDP, despite increasing sanctions pressure and moderate hydrocarbon...
By Rhod Mackenzie
In his address to the Federal Assembly, the Russian President Vladimir Putin stated that if the Russian economy continues to develop as dynamically as it did last year, it will soon become the fourth largest economy in the world in terms of GDP at purchasing power parity. This go...
