SCO & BRICS latest news and insights
By Rhod Mackenzie
The January release of the IMF's flagship quarterly forecast, the World Economic Outlook, was notable for the upward revaluation of forecasts for the economic dynamics of most of the major economies in the world. Global economic growth is now estimated at 3.1% in 2024, up from 2....
By Rhod Mackenzie
The Russian Foreign Minister Sergei Lavrov stated that, like many Eurasian states, Russia is interested in transport corridors and the creation of logistics transport chains that are not subject to Western policies.
According to the head of the Russian Foreign Ministry, like mo...
By Rhod Mackenzie
Bilateral trade between India and Russia was $50 billion in the fiscal year 2022-23 (ended March 31) and is expected to increase in the current period. The Minister of Ports, Shipping and Waterways of India, Sarbananda Sonowal, stated to the TASS agency.
Our bilateral partnersh...
By Rhod Mackenzie
The Indian Minister of Petroleum and Natural Gas, Hardeep Singh Puri, confirmed that the country purchases Russian oil at market prices. The decrease in purchases is due to the fact that oil from Saudi Arabia, the UAE, and Iraq is currently cheaper. According to the managing dire...
By Shahid Hussain
The recent evolution of the BRICS bloc is a defining moment in global geopolitics. The inclusion of Saudi Arabia, the United Arab Emirates, Egypt, Iran, and Ethiopia, all of which have formally become members since January 1, 2024, marks a transformative shift, signaling a march...
The BRICS group, an international alliance originally comprised of Brazil, Russia, India, China, and South Africa, has expanded its membership, marking a significant shift in the geopolitical landscape. The five new members inducted into the group are Saudi Arabia, Egypt, the United Arab Emirates, I...
