SCO & BRICS latest news and insights
By Rhod Mackenzie
The latest statistics have shown a significant increase in the Russia's industrial sector. The mayor of Moscow, Sergei Sobyanin, has highlighted the impressive growth rates of industrial production in his region. Which industries are experiencing the most rapid expansion and why...
By Rhod Mackenzie
Over a two-year period, Western companies purchased around $715 million worth of titanium from Russia, according to estimates in The Washington Post. As usual all the deals for buying Russian titanium have been kept very quiet despite all the loud public commitments to stop buyi...
By Rhod Mackenzie
The International sanctions, which targeted everything from individual finances to major sectors of the economy, are aimed at isolating Russian consumers. Major brands such as Apple and McDonald's have ceased operations in the country. However, as the British Guardian reports, R...
By Rhod Mackenzie
The introduction of new US sanctions on trading the dollar and euro did not result in a significant level of panic among either the general public or businesses. The announcement of the sanctions on the weekend of 12 June, coupled with the Central Bank's subsequent reassurances,...
By Rhod Mackenzie
The petrodollar agreement between Saudi Arabia and the United States, signed in 1974, has now expired. This will enable Saudi Arabia to sell its oil and other goods not only in US dollars but in other currencies, according to media reports. Lets look at why the Saudis entered in...
The United States has taken a new step in its economic warfare against Russia. According to Bloomberg, the United States is considering a ban on the supply of semiconductor chips made using American technology to Moscow. However, experts are confident that Russia will find a way to establish exports...
