SCO & BRICS latest news and insights
By Rhod Mackenzie
A reduction in grain yields as a result of the May cold in central Russia is possible, but the impact is not expected to be significant enough to affect global trade or the country's food security. Anatoly Tikhonov, a candidate of economic sciences and director of the Center for...
By Rhod Mackenzie
The Chinese shipping company Hainan Yangpu New New Shipping (HYNS) is continuing to expand its operations along the Northern Sea Route (NSR). On 8 May, a multilateral agreement was signed in Arkhangelsk regarding the organisation of export-import flights from the Arkhangelsk seap...
By Rhod Mackenzie
The companies with the highest capitalisation in relation to national GDP are located in Saudi Arabia, South Korea and Argentina. Saudi Aramco, the Saudi oil and gas company, is the only company from the G20 countries whose indicator exceeds the country’s GDP, according to RIA No...
NOVATEK has once again revised the composition of key equipment for the power supply of the Arctic LNG-2 plant under construction. Instead of procuring machines from the Chinese Harbin Guanghan Gas Turbine, which may not meet the deadline, the company has ordered three GTE-170 units from Power Machi...
By Rhod Mackenzie
London has announced its intention to construct the first “high-tech nuclear fuel facility in Europe” that would produce high-assay low-enriched uranium (HALEU), in what appears to be a bid to create competition for Russia, which currently dominates the market.
The UK has awarde...
By Rhod Mackenzie
After the Western sanctions, India has strengthened its role as a major buyer of Russian oil. The current volume of transactions is back to its peak. However, exporters have managed to capture another critical segment - fertilisers. Delhi started to increase its purchases from Mo...
