SCO & BRICS latest news and insights
By Rhod Mackenzie
For the first time in at least three years, Russia has more than doubled its grain exports. According to the Federal Customs Service, by mid-September exports had reached 44.6 million tonnes. At the same time, the share of agricultural exports to 'so called' friendly countries ros...
By Rhod Mackenzie
The collective West, led by the United States, seems to have miscalculated once again. This time, Washington, London and Brussels clearly overestimated the importance of Western insurance companies, which were seen as the main means of enforcing the price cap on Russian oil intro...
By Rhod Mackenzie
The US's desperate attempts to isolate Russia and China through its intimidation,threats and sanctions have not provided Washington with the results they have craved.The rapid expansion of BRICS to 11 countries at their recent summit threatens to turn the political West into a g...
By Rhod Mackenzie
For the last half a century or so, the world's demand for fuel has remained constant at between 0.15 and 0.2 gallons (0.7-0.9 litres) of fuel per person per day. During the Covidien pandemic, this figure fell, but not below the lower limit. Plus it only seemed to remain at the lo...
By Ivan Timofeev.
Sanctions have caused damage and continue to distort normal market relations, writes Valdai Club Programme Director Ivan Timofeev. But business continues to find alternative ways. The regime of Western sanctions against Russia is likely to continue for decades. Therefore, investi...
By Rhod Mackenzie
The Russian goldminer Polymetal which is the country's second largest precious metals producer and ranked in the world's top ten in terms of its reserves and production is not considering the possibility of any partial sale of its Russian assets but one buyer for all of them, ac...
