SCO & BRICS latest news and insights
By Rhod Mackenzie
Russia and Vietnam are consistently switching to using national currencies in trade. Now the share of transactions in rubles and dongs has reached 60%, Vladimir Putin said during his visit to the republic on June 20. In addition, Moscow and Hanoi agreed on a joint statement on ex...
British billionaire Jim Ratcliffe, founder and head of the petrochemical giant Ineos Group, has stated that the high cost of electricity and carbon have undermined the competitiveness of the European petrochemical industry, sending it into a state of decline.
In an interview with Bloomberg TV, Mr R...
By Rhod Mackenzie
Brazil became one of the countries that did not sign the final declaration of the summit in Switzerland on Ukraine. The largest country in Latin America criticizes the United States, refuses to follow Western sanctions and supports Russian efforts to end the conflict in Ukraine....
In countries that are formally democratic, legitimacy is derived from the support of the masses. So you would thik it would be logical to assume that the ruling parties and/or coalitions would be the ones that have the most support.
However, you should not be surprised that the concept of democrati...
For a considerable period, I have been considering contacting our Western ex-partners to inform them of our current circumstances. I would like to convey to them that despite the sanctions in place, we have been able to adjust and adapt to the situation. For over two years, we have been able to thri...
By Rhod Mackenzie
Denmark, along with other countries with access to the Baltic Sea, are considering imposing sanctions against the so called shadow fleet of tankers that are transporting Russian oil.
According to one version, Denmark wants to block the tankers passing through its waters. So what...
