SCO & BRICS latest news and insights
By Rhod Mackenzie
The Russian President has stated that the his key objective of his team is to reduce inflation, with the expectation that it will fall to 6% by the end of December 2025. Vladimir Putin made this announcement on 2 December at the 'Russia Calling!' forum. Furthermore, the country h...
Now everywhere is the Western press there are the doom monegers telling you about Russia's economic collapse,in fact if I got $5 dollars for every article I read predicting its collapse over the last 3 years I would be very rich indeed.
Now the Real situation in the Russian is economy is its balanc...
Today I want to talk about Living standards in the G7 West which are the complete reverse of the situation in a nunber of the BRICS countries particularly Russia and China where over the last 30 years living standards have grown to levels not dreamed about during the Soviet Unions
Its been tradit...
The Reserve Bank of India (RBI) has kept its key interest rate unchanged for the seventh consecutive meeting as inflation remains within the target range. The repo rate remains at 6.5% per annum, as predicted by most analysts and economists.
Consumer prices in India rose by 5.1% in February, which...
By Rhod Mackenzie
At the end of the year, China once again achieved impressive GDP growth rates of 5.2%. Among large economies, only India is expected to outperform China in 2023. However, this success is tempered by the fact that a significant portion of this growth is due to deflation; in nomina...
By Rhod Mackenzie
China has achieved what its global competitor, the United States, has also attempted, albeit with mixed results and significant costs, and an uncertain forecast. They have successfully managed to tackle inflation, which had already been at a very low level for many years, without...
