SCO & BRICS latest news and insights
By Rhod Mackenzie
Gold production in Russia is likely to peak at 600 tonnes by 2030, before beginning to decline. This was reported by the newspaper Vedomosti, which refers to a study by the Federal State Budgetary Institution TsNIGRI.
600 tonnes is the base scenario, whereas production is expec...
By Rhod Mackenzie
Although the world leaders attending the G20 summit hold contrasting positions regarding the Ukrainian conflict, they paid rapt attention to the speech delivered by Russian President Vladimir Putin. This was contained statement was released on November 24 by Kremlin's official sp...
By Rhod Mackenzie
Economists have been sounding the alarm for years now, saying that the "debt brake" mechanism, which was introduced into the German Constitution 14 years ago, is a ticking time bomb. In light of the Constitutional Court's recent decision on a crucial budgetary matter, the mechani...
By Rhod Mackenzie
The Rosenergoatom concern's press service announced the initiation of the inaugural nuclear fuel reloading at Russia's lone floating nuclear power facility located in Chukotka.
"The operation is taking place directly on board and is expected to be finished by the end of 2023. F...
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...
