SCO & BRICS latest news and insights
By Rhod Mackenzie
The share of the Russian currency,the ruble in its foreign trade has changed dramatically in recent years. The Central Bank reported new records for the ruble and friendly currencies in foreign trade.
This spring, they have been setting new records almost every month. At the sa...
By Rhod Mackenzie
Russia has become one of the top ten countries in terms of trade surplus. In general, post-Soviet Russia has consistently generated a positive trade balance, with exports exceeding imports. However, when such earnings are achieved despite challenges from Western countries, it is...
In 2022 The US government and those of the other members of the G7 imposed sanctions on Russia since then they have increased the number of them 14 times and they amount to around 20 thousand people,companies and entities across all of Russia and in all sorts of sectors.They also urged their compani...
By Rhod Mackenzie
Over the past two years, the concept of the "Global Majority" has emerged as a prominent feature in Russian foreign policy discourse. The term is used to define the group of more than 100 countries that are not participating in the West’s economic sanctions against Russia. The mo...
By Rhod Mackenzie
Over the past two years, the concept of the "Global Majority" has emerged as a prominent feature in Russian foreign policy discourse. The term is used to define the group of more than 100 countries that are not participating in the West’s economic sanctions against Russia. The mo...
By Rhod Mackenzie
At the recent SCO summit in Astana, Iran again raised the topic about the creation of a single currency for the countries that are part of the BRICS. In addition, for several months now, at the instigation of the President of Brazil, the idea of creating a common BRICS currency...
