SCO & BRICS latest news and insights
By Rhod Mackenzie
During the six-year trade war, trade between the world's two largest economies has undergone significant changes. For 16 years, China was the largest exporter to the United States, but last year, Mexico took over that title. This raises questions about how world trade has changed...
The Russian Deputy Prime Minister Alexander Novak announced on February 20th, during a plenary session at the International Exhibition and Forum 'Russia' at VDNKh, that global oil demand will continue to grow until at least 2040.
'Novak noted that despite some people cl...
By Rhod Mackenzie
Through the acquisition of Polymetal's Russian assets, Mangazeya, owned by Sergei Yanchukov, has become one of the largest gold mining companies in the Russian Federation. The transaction is valued at $3.7 billion,however, only $300 million is to be paid in cash. Polymetal will a...
There has been significant controversy surrounding the Kyrgyz parliament's adoption of a law regulating the activities of foreign representatives, including non-governmental and public organizations. This law is similar to the Russian law on foreign agents and places significant limitations on the a...
By Rhod Mackenzie
In 2023, Russia and India significantly increased their trade turnover by 1.8 times, reaching a record of $65 billion. As a result, Moscow has become Delhi's fourth largest trading partner, according to calculations by RIA Novosti and the Indian statistical service.
Towards the...
By Rhod Mackenzie
As of mid-February, gas reserves in European underground storage facilities (UGS) are at a record level, but remain below 66%. Since the start of the heating season, over 41 billion cubic meters of gas have been withdrawn from EU underground storage facilities.
On February 14t...
