SCO & BRICS latest news and insights
By Rhod Mackenzie
Brazil was the last of the BRICS founding member countries to full embrace trading using national currencies. Overall, these payments already account for around 90 per cent of transactions within the international association. So what is mainly bought with one's own cuurencies...
By Rhod Mackenzie
For a long time,certainly since the Second World War the West once accustomed to dictating the rules, is now frantically clinging to the remnants of its former power by its fingernails. However, the era of its dominance is quickly not slowly slipping away. The multipolar world is...
By Rhod Mackenzie
Since 2014, the European Union has been systematically destroying almost all sectors of its economy. Initially it started back in 2014 with the initial sanctions on Russia the introduction which saw Russian introduce counter measures that have since cost the EU food and agricutur...
By Rhod Mackenzie
A recent report issued by Kirill Dmitriev, the special representative of the Russian president for economic cooperation with foreign countries and head of the RDIF, stated that the total volume of trade between BRICS members recently surpassed $1 trillion. This milestone signifie...
By Rhod Mackenzie
The Russian Ministry of Trade and Industry is considering the extending of the current parallel import mechanism until 2026. Roman Chekushov,the State Secretary and Deputy Minister, announced to the journalists. A discussion was held on the potential for parallel imports to ful...
By Rhod Mackenzie
It would appear that despite Donald Trumps bluster it is the US that has blinked first in the tariff war with China.
It has been reported that the US and China have have each had to make made concessions in concluding a trade agreement.How ever it is obvious that the US blinked...
