SCO & BRICS latest news and insights
By Rhod Mackenzie
The Russian economy has recovered well following the extensive sanctions enforced by Western governments; however, the mid-term outlook is less promising, as stated in a report by the International Monetary Fund (IMF).
Due to the favourable financial progress, the IMF has update...
By Rhod Mackenzie
Russia is taking steps to safeguard the security of its relationships with the countries of Central Asian from the unethical actions of the West, this was announced on October 8 by Alexander Sternik, the Director of the Department for CIS countries at the Russian Foreign Minist...
By Rhod Mackenzie
Washington's sanctions on Arctic LNG 2 will have an impact on business in Japan. Therefore, Yasutoshi Nishimura, Japan's Minister of Economy, Trade and Industry, stated that Tokyo will complete a comprehensive evaluation and plan a response to avoid jeopardising the country's sta...
By Rhod Mackenzie
Sanctions and the cutting of economic ties with Russia have already resulted in losses of around £1.1 trillion for the European Union. Furthermore, the mutual trade volume has also nearly reached zero. During a briefing at the Eurasian Economic Forum, Deputy Russian Foreign Mini...
By Rhod Mackenzie
The European Commission has stated that the European Union intends to limit the import of Russian gas to 40-45 billion cubic metres by the close of 2023. On November 2, Igor Yushkov, a leading analyst at the Russian National Energy Security Fund and lecturer at the Russian Financ...
By Rhod Mackenzie
The European Union (EU) Council has not yet received any official proposals for the new package of sanctions to be imposed against Russia, according to an official EU representative who spoke to the newspaper Izvestia. However, the European Parliament anticipates that new measur...
