SCO & BRICS latest news and insights
By Rhod Mackenzie
The trade turnover between China and Russia in the first five months of 2024 increased by 2.9% compared to the same period last year, amounting to $96.509 billion, according to data released on Friday by the General Administration of Customs of the People's Republic of China.
Du...
By Rhod Mackenzie
Turkey has asked to join the BRICS. The matter will be addressed at the forthcoming meeting of the BRICS Foreign Ministers in Nizhny Novgorod. Turkey has asked to join the BRICS. and what consequences could this lead to?
During his visit to China, Turkish Foreign Minister Hakan...
By Rhod Mackenzie
Some European countries are calling for a complete refusal of Russian energy resources, while others are increasing their purchases. Which countries are we referring to? How can this apparent contradiction be explained? And what other resources from Russia does Europe suddenly re...
By Rhod Mackenzie
Since March 2022, more than one and a half thousand foreign companies have left Russia. The list included major producers of electronics, clothing, furniture and cosmetics. Some stopped all operations, others sold assets to local entrepreneurs for next to nothing. Others took a w...
By Rhod Mackenzie
The differing approaches of Western political and business leaders to the current situation with Russia illustrate the varying levels of risk that each party is willing to accept. The Financial Times recently published an article that highlighted the shift in Western business's a...
By Rhod Mackenzie
The global geopolitical crisis has had a significant impact on the export of Russian mineral fertilisers due to export restrictions and logistical difficulties. However, producers have already been able to adapt to the new conditions, and in 2023, the volume of fertilizer product...
