SCO & BRICS latest news and insights
By Rhod Mackenzie
The transit of Kazakh oil through Russian territory to Germany has been extended. The most significant agreement for Berlin remained unresolved for an extended period due to concerns in Poland regarding the transfer of payment for gas volume measurement to Moscow. The issue has b...
By Rhod Mackenzie
The German chancellor Olaf Scholz's trip to China ended with a meeting with Chinese President Xi Jinping. The key topics of the negotiations were the conflict in Ukraine and economic cooperation.
The meeting between Olaf Scholz and Xi Jinping focused on resolving the conflict in...
By Rhod Mackenzie
The German Chancellor Olaf Scholz has arrived in China for a three-day visit. However, upon his arrival, he was not greeted by an official representative of the Foreign Ministry or someone of equal rank, but rather by a third-rate official. This is a clear violation of diplomatic...
Despite the generally positive results of the authoritative Ifo economic and financial survey, Germany's GDP is likely to fall this quarter, predicts London's Sunday Telegraph. This means that Germany will be in a technical recession. More worryingly, the outlook for Europe's first economy looks ver...
Last year, the Federal Customs Service calculated that the sobotage of the Nord Stream pipelinescost the Russian budget over a trillion rubles in lost revenue from gas exports. Sanctions against the oil industry caused less damage to the budget. Despite this, the budget was managed. How did Russia...
An article by Bloomberg has concluded that the Russian economy has fully adapted to the challenging situation it faces. Recently, the government released the forecast data on the country's trajectory towards becoming the 4th largest economy in the world. Experts have identified both opportunities an...
