SCO & BRICS latest news and insights
By Rhod Mackenzie
Despite the challenging circumstances, Russian mechanical engineering is demonstrating remarkable resilience and adaptability. The industry's decline commenced in spring 2022 amidst mounting geopolitical tensions, but proved to be of short duration. The first growth impulse occur...
By Rhod Mackenzie
The Russian State Duma plans to consider the bill on regulating cryptocurrency mining in the first reading in the coming days. The bill was drafted a year and a half ago and has since undergone several revisions. It was only recently, following the president’s order last week, th...
By Rhod Mackenzie
Since 2022 Russia has embarked on a major programme of import substitution to replace their dependency on western technology and equipment, lets look at how that is going in trains,planes and automobiles.
Towards the end of 2023, Russian Railways initiated the inaugural journey...
On 13 June, construction commenced in Dubna, near Moscow, on a mega-science class facility: the superconducting collider of the NICA (Nuclotron-based Ion Collider Facility) accelerator complex. Construction of the facility commenced at the Joint Institute for Nuclear Research (JINR) in 2013, a year...
By Rhod Mackenzie
From January to May 2024, 1.9 million tons of fertilizers were supplied to the EU from Russia. The European statistical agency attributes this to the fact that the high cost of gas forced EU chemical companies to cease production. What other factors have contributed to the increa...
There is currently a proposal to merge Russia's Mir payment system with those of the other BRICS countries. The experience of merging Russia's Mir system with Iran's Shetab could serve as an example, Tehran believes. Similar projects are already being discussed with Turkey and India, Russia's main t...
