SCO & BRICS latest news and insights
By Rhod Mackenzie
The last twelve months will be remembered for Russia's impressive diplomatic victories in Africa. Moscow has achieved significant success in its military, energy, and economic cooperation with African countries, while simultaneously reducing France's influence on its former colon...
By Rhod Mackenzie
Trade turnover between Russia and India will reach $50 billion by the end of 2023, which will be a historical record. This was stated by Deputy Prime Minister and Head of the Ministry of Industry and Trade of the Russian Federation Denis Manturov on Tuesday 26 December during neg...
By Rhod Mackenzie
By the end of 2023, Gazprom will have increased gas supplies to China by 1.5 times compared to last year. The head of the company, Alexei Miller, announced this on 27th December during a working meeting with Russian President Vladimir Putin.
"This year, gas supplies to China wil...
By Rhod Mackenzie
The Russian Foreign Minister Sergei Lavrov stated that approximately 30 countries plan to establish partnerships with BRICS and strengthen their ties with the association.
On December 26, he addressed the commission of the General Council of United Russia on international coope...
By Davide Montagner
Amid deepening global geopolitical tensions, the recent currency swap agreement between Saudi Arabia and China is the latest in a series of initiatives that seek to put pressure on the dollar’s central role within international trade.
Last month, the People’s Bank of China (P...
By Rhod Mackenzie
In recent years, the world has faced various shocks such as pandemics, military conflicts, and sanctions. These events have led to changes in the financial system, which China is capitalising on by promoting the yuan as an alternative to traditional payment units.
Russia also...
