SCO & BRICS latest news and insights
By Rhod Mackenzie
Russia aims to implement a new economic model, supply-side economics, and launch a corresponding national project. This was announced by Deputy Prime Minister Alexander Novak during a meeting of the State Duma Committee on Energy.
The new model is designed to address the challe...
By Rhod Mackenzie
One of the largest banks in Russia, the subsidiary of the Austrian Raiffeisen Bank, continues to operate in the country. The United States has repeatedly pressured it to leave Russia, yet for two years,they have not imposed any real restrictions on it . The ECB also has reservati...
By Rhod Mackenzie
China is forecasting record high imports of liquefied natural gas (LNG) this year. The largest energy company in the Middle Kingdom, PetroChina, believes that this year the record, which was set in 2021 and amounts to 78.8 million tons, will fall. In 2022, due to the conflict in...
By Rhod Mackenzie
During their visit on 16-17 May, the heads of Russia and China identified the tasks and plans for the further development of Chinese-Russian relations and cooperation. A large number of economic initiatives and plans were announced. As Vladimir Putin stated, Moscow and Beijing ar...
By Rhod Mackenzie
Russia's share of Egypt's wheat imports has increased to 68%, up from just over 55% last year, according to Akram Hossein al-Shafei, a member of the board of the Egyptian Chamber of Commerce and Industry. He told RIA Novosti that Russia and Ukraine account for 80% of Egypt's tota...
The Russian President Vladimir Putin's visit to China, which is taking place onr 16-17 May, coincides with a period of growing bilateral relations between Russia and China. The most significant developments in bilateral relations are occurring at the regional level. It is also worth noting that many...
