SCO & BRICS latest news and insights
Following a 16-year high at the end of January 2024, the price of uranium has gradually decreased. At present, there appears to be no immediate catalyst for a rapid increase in prices.
On January 30, 2024, the price of uranium reached $106 per pound, its highest point since November 2007, which was...
According to Kpler, a company that analyses global commodity flows, China is set to break its record for oil purchases from Russia this month. Based on monitoring tankers carrying Russian oil, it is expected that China will receive an average of 1.7 million barrels of oil per day throughout the firs...
Iran has recently become one of the newest members of the BRICS alliance, a move that signals a significant shift in its international relations.
Along with Iran, the BRICS bloc welcomed the United Arab Emirates (UAE), Egypt and Ethiopia into its fold during the latest enlargement. However, Argent...
The calls to abandon Russian LNG are increasing in Europe, as it is curently almost exclusively purchased by European consumers. A vote on this issue is scheduled for April. This raises questions about why Russia began selling its LNG to Europe and why Europeans have been buying it. It is unclear wh...
By Taimur Khan
In the shifting global economic and geopolitical environment, the BRICS group—comprising Brazil, Russia, India, China, and South Africa—stands out as a symbol of a diversifying global power structure, challenging the traditional dominance of Western economies. This alliance of burge...
By Timofei Bordachev
Discussions about what BRICS can actually do and what it can’t should begin with an understanding of how much the achievements or failures of other international institutions are related to their individual characteristics. The second may be a theoretical task, but it makes cl...
