SCO & BRICS latest news and insights
By Pepe Escobar
As we enter incandescent 2024, four major trends will define the progress of interconnected Eurasia.
1.Financial/trade integration will be the norm. Russia and Iran already integrated their financial message transfer systems, bypassing SWIFT and trading in rials and rubles. Russi...
By Rhod Mackenzie
Houthi attacks on ships passing by the coast they control in the southwest Arabian Peninsula began late last year. As a result, many shipping companies, including giants such as Maersk, have been forced to send their ships around Africa, bypassing the Red Sea and the Suez Canal,...
By Prerna Gandhi
India today is the fastest-growing economy in the world, with a strong outlook of 7-8 per cent growth rates for the coming decade. Russia, despite having become the most sanctioned economy in the world, has shown uncommon resilience and returned to positive GDP growth.
Bilatera...
By Ruslan Mamedov
The Middle Eastern leaders do not consider India either as a potential counterweight to Washington or as a replacement for it; China is better suited for this role. Middle Eastern leaders are ready to develop their economic ties with India, but in spite of its size, India will no...
By T.N. Ninan
Continuing with last weekend’s quarter-century theme, it is instructive to look back at the long-term forecast that captured the world’s imagination early in the new century.
Famously (some would say infamously), Goldman Sachs forecast that four emerging “BRICS” economies (Brazil,...
India, the UAE’s second-largest trading partner, has made its first-ever payment in rupees for crude oil purchased from the Emirates, signalling what could be a paradigm shift in dollar-denominated global trade transactions while giving a game-changing fillip to the booming two-way trade that is on...
