SCO & BRICS latest news and insights
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 International Gas Union (IGU), the trade association representing the global gas industry, cautions about the possibility of diminishing gas supplies in upcoming decades without further investment. The repercussions of such a drop in supply are clear, particularly the price...
By Rhod Mackenzie
Russia will receive nearly one trillion rubles more ( $10.5 billion) in 2023 from the increase of non-resource and non-energy exports. The impressive 85% surge is proving to be a strong financial boost for the country. What products fall under this export classification, what are...
By Rhod Mackenzie
During the third international forum "One Belt - One Road" held in Beijing, bilateral discussions were held between Vladimir Putin and Xi Jinping. The leaders deliberated on the remarkable upswing in trade between their respective countries. Notably, they disclosed several signif...
By Rhod Mackenzie
Hungary is doing all it can to maintain its economic relations with Russia. This stated by the Hungarian Prime Minister Viktor Orban. Hungary today is an island of pragmatism in Europe, which makes rather unusual and an exception. Why are contacts with Moscow so important for thi...
By Rhod Mackenzie
One of the largest trading firms in Japan, which also deals in energy resources, opines that natural gas in general and liquefied natural gas (LNG) in particular will not be sufficient for the transition from fossil fuels to renewable energy sources, due to its high demand.
"Th...
