SCO & BRICS latest news and insights
By Rhod Mackenzie
At the scheduled meeting on 30th November this year, the nations that are part of the OPEC+ agreement resolved to decrease the amount of oil produced in 2024 by 2.2 million barrels per day. Out of this, 1.3 million were already a part of the production reduction measures extended...
By Rhod Mackenzie
"Europe's energy crisis is over," states a recent article published by British news agency Reuters. The article is supported by several graphs, conveying a sense of stability within the energy market. Analysts from the agency cite the decline in energy prices, particularly in gas...
By Rhod Mackenzie
Russia, under the plan announced earlier this year by Vladimir Putin to send free shipments of grain to several African nations, has delivered the initial consignment to Somalia this week. Somalia has received a shipment of 25,000 tonnes of grain.
The delivery is a result of th...
By Rhod Mackenzie
Abu Dhabi's choice to discard the dollar in its trade demonstrates the significant changes the world has undergone in recent years.
There is a new addition to the de-dollarisation supporters, according to cryptopolitan.com, the United Arab Emirates (UAE) has ceased using the Ame...
By Rhod Mackenzie
Last year's energy crisis had an impact on Europe, according to Michael Lewis, who has been leading Uniper, one of Germany's major energy companies, since July 1. In an interview with Bloomberg Television, the executive director of Uniper mentioned that although the underground g...
By Rhod Mackenzie
The OPEC+ meeting concluded with a surprising outcome. The association of petroleun exporting countries has secured a new ally in the form of Brazil. This substantially enhances the influence of OPEC+ resolutions. This is a significant development as Brazil, along with the United...
