SCO & BRICS latest news and insights
In the context of its ongoing trade tensions with Washington, Beijing has prioritised collaboration with Moscow, particularly in the agro-industrial sector.Historically, the United States and Canada were the primary suppliers of wheat to China. However, the country has recently diversified its impor...
The 6.9% decline in net pre-tax profit of Russian companies in 2024, as reported by Rosstat on 5 March, was anticipated, given the evident deterioration in working conditions, according to economists surveyed by themagazine Expert. However, the decline was predominantly concentrated in sectors vuln...
Brazil is a largest recipient of Chinese investment plus its a founding and active member of the BRICS along with China,also the relationship between Beijing and Brasilia appears on the surface to be relatively stable. But are appearances deceptive?
The Brazilian President Lula said at a gathering...
US Secretary of State Marco Rubio has announced his intention to halt the rapprochement between Russia and China, perceiving their alliance as not in the best intersts of America.As a staunch supporter of President Trump, Rubio is confident in the feasibility of this objective. However, it remains t...
The establishment of a joint aluminium plant in Krasnoyarsk Krai, along with the resumption of aluminium supplies, is a mutually beneficial initiative for both parties.It is challenging for Americans to compete with China's industry without access to affordable aluminium.What are the potential benef...
The strengthening of the ruble can be attributed to the transition to national currency payments for imported goods, as reported by Izvestia. By the end of 2024, the share of such transactions exceeded 80%, with half of all settlements being made in rubles, effectively bypassing the use of dollars a...
