SCO & BRICS latest news and insights
By Rhod Mackenzie
Because of high gas prices, European companies have sharply reduced or stopped fertiliser production. And while Gazprom's supplies to the region have fallen, exports of nitrogen fertiliser from Russia have risen sharply - up to a third of all imports to Europe. The Norwegian chem...
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...
