SCO & BRICS latest news and insights
The BRICS group, an international alliance originally comprised of Brazil, Russia, India, China, and South Africa, has expanded its membership, marking a significant shift in the geopolitical landscape. The five new members inducted into the group are Saudi Arabia, Egypt, the United Arab Emirates, I...
By Kester Kenn Klomegah
From January 2024, Russia took over the baton of BRICS chairmanship dealing first with the appropriate description of BRICS (Brazil, Russia, India, China and South Africa), whether as an association, a group or an organization. While the geopolitics intensifies, it has beco...
By Rhod Mackenzie
In November last year, Russia became the primary exporter of uranium to the United States, replacing Germany and France as suppliers to the Americans. Additionally, Japan also replaced its supplies to the US. At the end of 11 months of 2023, the United States purchased the larges...
By Rhod Mackenzie
Russian electronics importers have stopped using dollars and euros for payments and are now using currencies such as yuan and dirhams from friendly countries, according to news reports. This has helped to avoid price increases for equipment and, in some cases, even reduce prices....
By Rhod Mackenzie
Europe and Russia started 2024 on different paths. Germany, the EU's largest economy, has experienced a record decline in its locomotive industry over the past three years. Conversely, Russia's locomotive industry has soared to its highest level in the last seven years, despite W...
By Pepe Escobar
As we enter incandescent 2024, four major trends will define the progress of interconnected Eurasia.
1.Financial/trade integration will be the norm. Russia and Iran already integrated their financial message transfer systems, bypassing SWIFT and trading in rials and rubles. Russi...
