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...
By Rhod Mackenzie
On 4 July, Belarus was formally welcomed as the tenth full member of the Shanghai Cooperation Organisation. At the same time, the SCO is prepared to consider applications from other interested parties in a variety of formats. The organisation currently represents an effective pla...
By Rhod Mackenzie
Despite the collective West's reluctance to face reality and its repeated assertion that "we cannot let Russia win in Ukraine," the rest of the world is already undergoing a fundamental transformation.
The old order is rapidly disappearing, and a new one is emerging before our e...
By Rhod Mackenzie
In addition to President Putin's trip to Pyongyang, the past week has been marked by powerful landings in Southeast Asia (SEA): the Russian leader visited Hanoi and the Chinese Prime Minister visited Kuala Lumpur. The Western media immediately started talking about the fact that...
By Rhod Mackenzie
According to a report in the newspaper Izvestia, payments from Russia to China have improved in recent months. In March and April, there were almost no transfers to China. However, this changed following Vladimir Putin’s visit to Beijing. As the entrepreneurs explained, small reg...
By Rhod Mackenzie
Russia and Vietnam are consistently switching to using national currencies in trade. Now the share of transactions in rubles and dongs has reached 60%, Vladimir Putin said during his visit to the republic on June 20. In addition, Moscow and Hanoi agreed on a joint statement on ex...