SCO & BRICS latest news and insights
By Dr. Srinivas Junuguru and Abhinaya Rayee
The BRICS group, initially comprising Brazil, Russia, India, and China, emerged as a forum for discussion and policy cooperation among key rising market nations. Over time, it transformed into a transregional governance framework with the addition of Sou...
At the dawn of 2024, from January 1, five more countries became full members of the BRICS, a transnational association, which until then consisted of Brazil, Russia, India, China and South Africa, and thus became BRICS+ (BRICS Plus), totaling ten countries.
Egypt which is located in northeast Afri...
By Rhod Mackenzie
The Indian rupee begins trading on Thursday, February 1, with a slight decline against the American currency - by 0.08%, to 82.97 per dollar. Overall, the pair has traded around 83 per dollar since mid-January, slightly weaker than its four-month high of 82.8 reached on January 1...
By Rhod Mackenzie
The New Year of 2024 brings a lot of surprises and potential challenges to the countries of the BRICS. The union has doubled to 10 countries, which should lead to its increased economic power. However, its largest economy, China, is still slowing down. Plus the new participants...
By Rhod Mackenzie
The share of settlements between Russia and the BRICS countries in national currencies in 2024 will most likely remain at the level of 85%, but there is also the possibility of a slight increase, Maxim Markov commented to RIA Novosti, he is an Associate Professor of the Departme...
By Rhod Mackenzie
The share of national currencies in interstate settlements between Russia and Kyrgyzstan exceeded 88% last year, said the Rusian Prime Minister Mikhail Mishustin.
“It is important that Russian-Kyrgyz interaction and trade and economic cooperation are developing successfully. In...
