SCO & BRICS latest news and insights
By Rhod Mackenzie
Europe has officially acknowledged its member economies face a significant economic downturn: by year-end, GDP will decrease in ten EU member states. These include not only “lagging behind” nations, such as Poland, Lithuania and Latvia, but also some of the leading leading econom...
By Rhod Mackenzie
The proportion of oil and gas revenues within the federal budget of the Russian Federation is expected to rise by the latter half of 2024, according to Oleg Abelev, the head of analytical department head at investment firm Ricom-Trust.
According to data from the Accounts Chambe...
By Rhod Mackenzie
Saudi Arabia is keen on oil prices hovering around the range of $85-$90 per barrel. This is the price level necessary to mitigate their significant budget deficit. In light of this, the Saudi side has expressed discontent with the oil production levels of certain countries, accor...
By Rhod Mackenzie
Assessments of the current relationship status between Russia and Kazakhstan vary widely, ranging from constructive restraint to irritation with each other's actions. President Putin's official visit to Astana on November 9th did not provide the answers to the numerous issues on...
By Rhod Mackenzie
Pakistan plans to become a member of the BRICS in the near future. The group is gaining popularity among countries worldwide, but the inclusion of a major Islamic and nuclear power may not receive support from other members, particularly India. Can Russia resolve the conflicts b...
By Pepe Escobar
Once upon a time, by the Don river, in the southern steppes of what today is still known as “Ukraine”, the Great King of Persia, the mighty Darius, leading the most powerful army ever assembled on earth, received a puzzling message from a foe he was pursuing: the nomad ruler Idanth...
