SCO & BRICS latest news and insights
By Rhod Mackenzie
The transportation of containers from China to the EU via rail, which passes through Russian territory which was disrupted due to the hostilities in Ukraine, is now being restored. In the first quarter, the amount transported grew by 44% to 90 thousand TEU, which is almost the sa...
By Rhod Mackenzie
The leadership of the European Union recognised that sanctions alone would not cause the collapse of Russia's economy. However, they hoped that the sanctions would weaken Russia's military potential.
The EU diplomacy head, Josep Borrell, stated on April 4th, 'From the very begi...
By Rhod Mackenzie
The Ghost Of Nord Stream continues to haunt Europe. Russia has pivoted to Asia with its energy output,it has increased gas supplies to China through the Power of Siberia Pipeline and a second pipeline is planned,LNG supplies to Asia continue to increase and Europe is in a quandry...
As of April 1, the National Welfare Fund's accounts contained 334.863 tons of gold in anonymized form. This is a decrease from the 358.015 tons of precious metal held as of March 1. The Ministry of Finance reported that 23.15 tons of gold were sold in March as part of liquidity management. The same...
It has been announced that Kazakhstan and the United States are discussing logistics opportunities and the prospects of natural resource extraction in this Central Asian country. Recently, Astana has taken measures to eliminate bottlenecks in the Middle Corridor. During negotiations in Washington, t...
India has purchased Russian oil despite external pressure, in order to serve the interests of consumers within the country. On April 2, the head of the Indian Foreign Ministry, Subrahmanyam Jaishankar, stated that if India
did not buy oil from Russia, it would have to purchase it from Persian Gulf...
