SCO & BRICS latest news and insights
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...
By Rhod Mackenzie
Russian billionaires have withdrawn tens of billions of dollars of assets from Europe since the beginning of the Russian-Ukrainian conflict, under the influence of international sanctions and the Russian authorities' favourable asset repatriation policy. As calculated by Bloomber...
By Rhod Mackenzie
US measures to restrict chip exports to China violate market rules and will lead to the fragmentation of the global semiconductor market, said Chinese commerce ministry spokesman He Yadong.
In early September, US Commerce Secretary Gina Raimondo said the US would be as strict...
