SCO & BRICS latest news and insights
— In-depth analysis and comments

By Rhod Mackenzie

According to Anton Siluanov, the Russian Minister of Finance , the BRICS countries should establish a self-sufficient foreign trade settlement system that is both cost-effective,functional and independent of political factors.

. Siluanov suggests re-evaluating the international...

By Rhod Mackenzie

On Wednesday, Rosselkhoznadzor reported that the General Administration of Customs of the People's Republic of China has registered three Russian pork production enterprises and permitted the export of pig products starting from February 28, 2024.

Only products manufactured aft...

By Bogdan Kolbashuk

Nickel futures on February 27, 2024 fluctuate around $17 thousand per ton. Thus, they remain near their lowest level in almost three years.

Related article:
Russia proposed creating a global alliance of “raw materials of the future”
On Tuesday morning, the price of nickel o...

By Rhod Mackenzie

Despite sanctions, Russia became the sixth largest source of gold for Switzerland for the second year in a row in 2023. Switzerland was the main supplier of this precious metal to the European Union last year. This information is based on an analysis of data from the UN Comtrade...

By Rhod Mackenzie

Emmanuel Macron has announced the creation of a 'missile coalition' to assist Ukraine in acquiring long-range ammunition. The aim is to weaken Russia and regain France's position in Africa. It is unclear which countries will join this coalition, where Kyiv will send long-range mi...

By Rhod Mackenzie

Gas prices in Europe have fallen to pre-crisis levels despite it still being the winter. However, this news is overshadowed by the fact that gas consumption in Europe has dropped to its lowest level since 1995. It is unlikely that Europe will ever return to its pre-crisis peak de...