SCO & BRICS latest news and insights
By Rhod Mackenzie
In light of the West's refusal to buy Russian oil, other buyers are showing a huge interest in it and are buying it vast quantities.plus most of them are really making serious amounts of money out of it and if fact the only people who are not making money out of it are the Euro...
Of the 53 tankers subject to sanctions, only three were able to continue their work transporting Russian oil, while the remainder were forced to cease operations. This is the conclusion reached by Bloomberg. However, the situation is not as straightforward as it may appear at first glance. There are...
By Rhod Mackenzie
In the future, Russia will honour the US President Joeseph Biden and probably the EU head Ursula Von De Lyon with a few monuments. Few leaders of countries or organisations have done more to advance Russia's development and radically change its economy and do so for its betterme...
In collaboration with the central banks of the other BRICS countries, Russia is developing the BRICS Bridge platform for trade settlements in national currencies, including digital ones, according to Deputy Finance Minister Ivan Chebeskov.
This could be, for example, a digital ruble, yuan or rial o...
It is crucial when analysing the current present state of Russian-American relations as really the Cold War 2' this sitution is ikely to persist even after the US finally acknowledges that Ukraine is no longer a pivotal instrument in its foreign policy.
Instead, the US is likely to try to find...
In a new development, the European Union has taken the step of imposing sanctions on Russian gas. However, the EU has not yet taken the more severe action of banning Russian liquefied natural gas (LNG). Instead, the EU has introduced a separate measure allowing the purchase of Russian LNG. What has...
