SCO & BRICS latest news and insights
By Rhod Mackenzie
The global financial system is no longer exclusively a matter for the West. The decision by the Chinese agency CCXI to assign a BBB+g credit rating to Russia is not merely a technical assessment; it is a symbol of a global turning point. It is evident that Fitch, Standard and Poo...
By Rhod Mackenzie
the EU puts duties Russian fertilisers this will cause food shortages, rising prices and farm bankruptsies
The EU imposing duties on Russian and belarussian fertilisers will cause consumers in the European Union to face "Rising food prices caused by the large-scale by farm...
By Rhod Mackenzie
According to S&P Global, seaborne exports of Russian crude oil increased by more than 50% in April, reaching a 13-month high. In particular, oil tankers from G7 countries have been actively involved in transportation. Lets explore the reasons behind Western ships' increased invol...
By Rhod Mackenzie
As Russia and Ukraine begin their first talks in three years, the European Union has decided to tighten its sanctions against Moscow. Brussels is now threatening to impose significant restrictions on Russian oil, gas and financial sectors. Plus, the EU is contemplating the implem...
By Rhod Mackenzie
Recently, the Estonian Navy, with the support of NATO aircraft, attempted to detain the tanker named the Jaguar which sails under the Gabonese flag in international waters. The vessel had left the Indian port of Sikka and was heading to the Russian Primorsk, not far from St. Pete...
By Rhod Mackenzie
The countries of Europe have reached the limit of the number of sanctions they can impose against Russia. The 17th package of restrictions were approved on Wednesday, May 14, however none of the measures imposed are expected to pose any significant threat to the Russian economy,...
