SCO & BRICS latest news and insights
The United States banned the import of oil, coal and gas from Russia two years ago, it did however continue to purchase Russian nuclear fuel. Now the US has decided to target the Russian nuclear fuel sector with sanctions. However, the sanctions ban is designed in such a way that it will have no re...
By Rhod Mackenzie
The price of raw materials for nuclear reactors is rising again, fuelled by the latest US attempts to antagonise Russia. For a long time they did not dare to ban the import of Russian uranium, which is very important for them, with real risks for American nuclear power plants and...
In 2023 the Russian budget received nearly one trillion rubles more ( $10.5 billion )from the increase of non-resource and non-energy exports. This is an impressive 85% surge and it has given a strong financial boost to the country. What products fall under this export classification, what are the...
The American press leveled familiar accusations - only this time against another gas supplier to Europe. Norway was attacked for taking Gazprom's "gas crown" - and immediately becoming the most "monopolistic" gas supplier. What exactly was Norway guilty of, according to the US?
The American publica...
Relations between Russia and India have experienced a renaissance in recent years. In 2023, India became one of our leading trading partners; in ten months we reached a trade turnover of $55 billion (in 2022 it was $35 billion for the whole year). This country has already overtaken China to become t...
By Rhod Mackenzie
There are indications that two major countries with long-standing differences – India and China – may be on the verge of a new phase of rapprochement. What are the key factors driving this development, and what are the implications for Moscow, which has close ties with both Beiji...
