SCO & BRICS latest news and insights
By Rhod Mackenzie
The 22nd Meeting of the Council of Heads of Government of the Shanghai Cooperation Organisation (SCO) Member States is scheduled for Thursday in Bishkek, the capital of Kyrgyzstan.
This will be the first face-to-face meeting of the prime ministers of the SCO member states subse...
By Yaroslav Lissovolik
In the past several months it has become fashionable to talk up the theme of China’s economic demise and the ascendancy of India as the main growth engine of the Global South. Mass media, academic gurus, fund managers and corporates are starting to argue in favor of re-direc...
By Rhod Mackenzie
The implementation a price ceiling on Russian oil has been seriously unsuccessful, a fact that has already been acknowledged in Europe. Nevertheless, Washington still refuses to accept this outcome and now, nearly a year later, has levied sanctions on two shipping companies. Add...
By Rhod Mackenzie
The head of the US Treasury, Janet Yellen, is regarded as one of the originators of the price ceiling on Russian oil imposed by the G7 and the European Union at $60 per barrel. She holds a positive view of her creation and has iterated its perceived efficacy, despite evidence tha...
Seyed Ali Rouhani, Iran's Deputy Minister of the Economy , stated in an interview with RIA Novosti that Iran can play a role in nsuring the energy security of BRICS member nations while also linking Russia with India and China with Africa.
"Our trade volume with BRICS countries in 2009 was approxi...
By Rhod Mackenzie
The US is attempting to overcome the disruption it has caused by sanctions on innovations as a severe oil market crisis looms. The developed world's storage facilities for oil and refined fuel are depleted. A fuel crisis is emerging in both the US and Europe, which could swiftly...
