SCO & BRICS latest news and insights
There is currently a proposal to merge Russia's Mir payment system with those of the other BRICS countries. The experience of merging Russia's Mir system with Iran's Shetab could serve as an example, Tehran believes. Similar projects are already being discussed with Turkey and India, Russia's main t...
Over the past twenty years, India has come a long way to become a technology hub for many industries, offering the best engineering talent and digital technologies at a competitive price. Lets look at what is being made in India today and how they have managed to localise and promote their brands so...
By Rhod Mackenzie
Russia has become one of the top ten countries in terms of trade surplus. In general, post-Soviet Russia has consistently generated a positive trade balance, with exports exceeding imports. However, when such earnings are achieved despite challenges from Western countries, it is...
By Rhod Mackenzie
In light of the West's refusal to buy Russian oil, other buyers are showing a huge interest in it and are buying it vast quantities.plus most of them are really making serious amounts of money out of it and if fact the only people who are not making money out of it are the Euro...
Of the 53 tankers subject to sanctions, only three were able to continue their work transporting Russian oil, while the remainder were forced to cease operations. This is the conclusion reached by Bloomberg. However, the situation is not as straightforward as it may appear at first glance. There are...
By Rhod Mackenzie
Over the past two years, the concept of the "Global Majority" has emerged as a prominent feature in Russian foreign policy discourse. The term is used to define the group of more than 100 countries that are not participating in the West’s economic sanctions against Russia. The mo...
