SCO & BRICS latest news and insights
By Rhod Mackenzie
Huawei Technologies Co. has caused concern among Western, particularly American and Japanese, policymakers. Its latest $900 smartphone demonstrates China's rapid progress in microelectronics and chip production, bringing it closer to the level of the United States. The powerful 7...
By Rhod Mackenzie
The West is struggling to devise further sanctions for the Russian oil sector. The price ceiling has proved ineffective, with Russian oil being sold above the limit for six months. The European authorities are currently deliberating a potential ban on the sale of oil tankers to R...
By Rhod Mackenzie
The European Union persists in attempting to introduce sanctions against Rosatom and the Russian supply of nuclear fuel. They previously tried to implement sanctions against them during the tenth package of sanctions, and now there is discussion concerning the 12th package. In...
By Rhod Mackenzie
The principal sectors of the Russian economy have either adapted to sanctions or fully recovered from them, as the nation displays a level of resilience greater than Western governments anticipated, according to a Bloomberg report on Thursday.
Industries such as manufacturing,...
By Rhod Mackenzie
Venezuela aims to become a part of BRICS by 2024. Ivan Gil Pinto, the head of the Bolivarian Republic's Ministry of Foreign Affairs, revealed this in an exclusive interview with Izvestia. On November 16, the Foreign Minister of Venezuela held discussions with Sergei Lavrov, his R...
By Rhod Mackenzie
For the past five months, Russian oil has been traded above the $60 price limit set by Western nations. This oil is transported by numerous parties including Greek shipping companies and tankers that have lacked Western registration and insurance. As a result, Russia's monthly in...
