SCO & BRICS latest news and insights
By Timofey Bordachev
The main events of international politics in 2023 have shown that the origin of the current fundamental changes is natural, and the main processes are constructive. That is why the past year will be considered by future historians as the end of the period in which the new real...
By Rhod Mackenzie
In 2023, the Russian economy coped with such external challenges that no other country in the world has ever faced. In the new year, solving more internal economic problems will come to the fore. Will Russia be able to defeat inflation and increase budget revenues? Here we list a...
By Rhod Mackenzie
The United States is seeking a way to legally access the frozen Russian assets, even if it harms its own economy and reputation. The Joe Biden administration is backing a bill that would permit the seizure of approximately $300 billion in assets, purportedly for the reconstructio...
By Rhod Mackenzie
Houthi attacks on ships passing by the coast they control in the southwest Arabian Peninsula began late last year. As a result, many shipping companies, including giants such as Maersk, have been forced to send their ships around Africa, bypassing the Red Sea and the Suez Canal,...
By Prerna Gandhi
India today is the fastest-growing economy in the world, with a strong outlook of 7-8 per cent growth rates for the coming decade. Russia, despite having become the most sanctioned economy in the world, has shown uncommon resilience and returned to positive GDP growth.
Bilatera...
Amidst the ongoing Russia-Ukraine war, more countries have shifted from decades-long petrodollar, as over a fifth of global oil trade in 2023 were completed in currencies different from the U.S. dollar.
Coming at a time when operators in Nigeria are seeking ways to settle domestic oil and gas trad...
