SCO & BRICS latest news and insights
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
Bloomberg believes that 2023 will be the second consecutive year of record oil production in Russia. The oil boom is evident in both the volume of oil exports and its value.
According to BCS Global Markets oil and gas analyst Ronald Smith, Russia has demonstrated greater indepe...
By Rhod Mackenzie
The former Greek Finance Minister Yanis Varoufakis has concluded that devotion to the North Atlantic Alliance will only accelerate Europe's gradual slide into the status of a vassal continent. Izvestia investigated whether the EU's repeated criticism of Brussels' dependence on Wa...
By Alex Kupriyanov
Before the launch of the SMO, at Russian-Indian expert meetings, someone used to liken bilateral relations to a three-legged stool: two of the three legs - political, economic and cultural - were firmly in place, but the structure could only be stable if a third leg was eventual...
By Rhod Mackenzie
Throughout 2023, the West has been debating the possibility of abandoning liquefied natural gas (LNG) from Russia. The United States aims to 'strangle' the Arctic LNG 2 plant, a key Russian LNG project. However, Europe ultimately recognized the impossibility of the abandoning of...
By Rhod Mackenzie
More nations worldwide will gradually shift away from using the dollar in international trade and instead use their national currencies. Professor Jeffrey Sachs, an economist at Columbia University in the United States, shared this opinion with Izvestia on January 5.
“I do not b...
