SCO & BRICS latest news and insights
By Rhod Mackenzie
Since the beginning of 2023, the price of Russian oil in rubles has increased by 1.5 times and has exceeded 8 thousand rubles per barrel. This is brought about not only by the high price of oil itself and the low exchange rate of the ruble, but also by the fact that Russian oil e...
By Uriel Araujo
Jonathan Yerushalmy, the Guardian's Australia's UK/US site editor recently wrote on how the trade in oil from nations currently under Western sanctions, such as Russia and Iran has boomed - China plays a huge role in that and the US-led political West is “turning a blind eye” to it...
By Rhod Mackenzie
Russia's economic indicators currently leave no doubt: the restructuring of the Russian economy is now over. Russia is easily circumventing the sanctions and has begun to earn good money again from its oil exports. Not only Russian economists, but also Western analysts and the m...
By Rhod Mackenzie
China has achieved a new success in its confrontation with the United States over chip production. In March, Huawei CEO Eric Xu said that the Chinese semiconductor industry would be "reborn" as a result of US sanctions. At the time, the businessman's words were seen as polemical...
By Ivan Timofeev.
Sanctions have caused damage and continue to distort normal market relations, writes Valdai Club Programme Director Ivan Timofeev. But business continues to find alternative ways. The regime of Western sanctions against Russia is likely to continue for decades. Therefore, investi...
By Rhod Mackenzie
The Belgian Prime Minister Alexander de Croo presented a plan to abandon Russian gems to the world's leading diamond industry representatives in New York on Tuesday, writes the Belgian publication Soir.
"Alexander de Croo proposed to the elite of the jewellery industry gathered...
