SCO & BRICS latest news and insights
By Rhod Mackenzie
India's decisions regarding its energy procurement are solely based on its national interests and are not influenced by the opinions of foreign powers. This statement was made by Subrahmanyam Jaishankar,the Indian Minister of External Affairs, during his address to the annual c...
By Rhod Mackenzie
The German Chancellor Olaf Scholz has accused Russia of severing energy ties with Europe and has blamed Moscow for the all the problems that Germans' currently face. Why cannot the German authorities admit their own responsibility? And how do ordinary Germans respond to such "po...
By Rhod Mackenzie
The economy of Russia is set to experience a growth of 3.5% by the year-end, as announced by Vladimir Putin at the "Russia Calling!" forum on December 7. Despite facing extraordinary sanctions, the country's development remained unhindered, as emphasized by the President. The e...
By Rhod Mackenzie
In the upcoming years, the financial world is poised for a genuine revolution that will ultimately erode the monopoly of the major Western banks. This announcement was attributed to Russian President Vladimir Putin with regards to analysts familiar with this subject. The primary...
By Rhod Mackenzie
Russia's net revenues from oil sales in October amounted to $11.3 billion, or 31% of the country's total budget revenues for the month. This was the highest figure since May 2022 and exceeds the figure for any month before the start of the Russian special military operation in Uk...
By Rhod Mackenzie
Bulgaria intends to no longer use Russian oil, rendering the efforts of the Russian oil company Lukoil, who own and operate a local refinery, futile. In response, Lukoil is prepared to sell their assets in Bulgaria prior to the authorities seizing the plant by force. How intentio...
