SCO & BRICS latest news and insights
By Rhod Mackenzie
Argentine President Javier Milei has officially refused to join BRICS, an organisation that will be chaired by Russia in 2024. The new Argentine leadership has already taken a number of anti-Russian steps, declaring that it will develop relations with "liberal democracies". What...
By Rhod Mackenzie
In Europe, the demand for gas has been artificially reduced, which has led to deindustrialization in many countries. Alexey Miller, the head of Gazprom, announced this on Thursday, December 28, during a meeting where the preliminary results of the year were discussed.
"We are a...
By Akash Kalra
And so, what much of the world was anticipating eventually came to pass on August 24. At the 15th BRICS Summit in Johannesburg, South Africa, six more nations were confirmed as full members of the burgeoning economic group. And although the exact identities of the new additions - Ar...
By Jai Hamid
The global financial landscape is undergoing a dramatic transformation, with the BRICS alliance – Brazil, Russia, India, China, and South Africa – at the forefront of a daring initiative to challenge the supremacy of the US dollar.
The year 2023 has been a landmark period for this b...
By Marina Lorenzini
With 22 countries pledging to triple global nuclear energy production by 2050 at the COP28 climate meeting in Dubai, sincere prospects for growth in global nuclear energy market is on the table. Nonetheless, these 22 countries largely represent ones that have minimal ties with...
By Phil Butler
As of the time of me writing this , US dollar reserves have fallen by 6.5% as foreign central banks cut ties with the currency. The BRICS countries, especially those in the global South, are leading the charge to depart from the decades-long dominance of the American currency. China...
