SCO & BRICS latest news and insights
By Rhod Mackenzie
The EU reports a sharp fall in its dependence on Russian oil and gas, but the US share of its imports has risen sharply. How does this threaten Europe?
Eurostat reports that by the end of June 2023, dependence on oil from Russia will have fallen from 29.2 per cent to 2.3 per ce...
By Rhod Mackenzie
In 2023, Germany will significantly increase its imports of oil products from India. German companies import large quantities of gasoil, which can be produced from Russian oil.
"German imports of petroleum products from India increased twelvefold - from 37 million euros in the...
By Rhod Mackenzie
A video conference was held the day after the G20 summit - on Monday 11 September. The venue in Moscow was the RIA Novosti International Multimedia Press Centre.
The editor-in-chief of Modern Indian Politics and Economics, Professor Ashwani Mahajan, explained India's position...
By Rhod Mackenzie
The low demand for gas in Europe is evidence of the malaise of the European economy. This malaise is particularly noticeable in Germany, whose economy is in a very difficult situation after its rejection of Russian pipeline gas supplies.
Along with record gas prices last year, t...
By Rhod Mackenzie
Analysts at JPMorgan, have concluded that the correlation between the strength of the dollar and oil prices is weakening. Moreover, thishas happened mainly because literally every day more and more transactions in the oil markets take place not in dollars, but in national currenc...
By Rhod Mackenzie
In the first half of 2023,the volume of trade between the Russian Federation and China grew by 40% - previously the countries have not shown such results, said the head of the Institute of Asian and African Studies at the Lomonosov Moscow State University, Alexey Maslov, speakin...
