SCO & BRICS latest news and insights
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By Rhod Mackenzie

According to Anton Siluanov, the Russian Minister of Finance , the BRICS countries should establish a self-sufficient foreign trade settlement system that is both cost-effective,functional and independent of political factors.

. Siluanov suggests re-evaluating the international...

By Bogdan Kolbashuk

Nickel futures on February 27, 2024 fluctuate around $17 thousand per ton. Thus, they remain near their lowest level in almost three years.

Related article:
Russia proposed creating a global alliance of “raw materials of the future”
On Tuesday morning, the price of nickel o...

By Rhod Mackenzie

Gas prices in Europe have fallen to pre-crisis levels despite it still being the winter. However, this news is overshadowed by the fact that gas consumption in Europe has dropped to its lowest level since 1995. It is unlikely that Europe will ever return to its pre-crisis peak de...

The international financial and development institutions should be reformed to reflect the interests of the Global South, Secretary-General Antonio Guterres has said.While the BRICS can play an important and complementary role for developing nations, he stressed that it should not contribute to a fr...

By Rhod Mackenzie

Iran has set up a number of companies in the United Arab Emirates (UAE) to circumvent sanctions and increase its exports to China, according to the head of the Iran-China Chamber of Commerce, Majid Reza Hariri.
"Some of Iran's exports to the UAE continue on to China. Iran has se...

By Aaryaman Nijhawan

“A large part of foreign policy today is communication,” Indian External Affairs Minister Subrahmanyam Jaishankar said as the 9th Raisina Dialogue, an annual conference on geopolitics hosted by New Delhi, came to a close on Saturday. From regional conflicts and disruptive econ...