SCO & BRICS latest news and insights
By Rhod Mackenzie
Germany is facing the exodus of German companies to the United States and China amid rising gas prices in Europe, the Bundestag's budget committee told Izvestia. MP Wolfgang Wiele stresses that the chemical industry has suffered the most: in two years, Germany has lost about a qu...
By Rhod Mackenzie
In an interview with the Turkish news channel TRT Haber, Gurbanguly Berdimuhamedov, Chairman of the Khalk Maslahaty (People's Council) of Turkmenistan, stated that despite the global economic instability, the country's GDP grew by over 6% last year. This was reported by the Russi...
The Dutch regulator's approval to import enriched uranium hexafluoride (UF6) from Russia for the next three years has caused controversy. Urenco, a government-controlled company, had to clarify that Western nuclear energy cannot do everything that is done in Russia, and that there are contractual ob...
Kommersant reports that Russian oil companies are now supplying oil to Venezuela. The United States had relaxed sanctions against Venezuela's oil sector until April, but the risk of falling under restrictions again is prompting Venezuela to increase its own oil exports. In February, the country ex...
By Rhod Mackenzie
According to the Central Bank's 'Review of financial market risks', the yuan's share in Russia's export revenues rose to 40.8% in January, while in payments for imports it increased to 38.5%.
The report states that 'against the background of a decline in foreign trade volumes i...
By Rhod Mackenzie
On March 11, Vladimir Putin, the President of the Russian Federation, signed a law permitting the use of digital financial assets (DFAs) and digital rights in international payments.
This law enables international transactions through digital assets. It is important to note th...
