SCO & BRICS latest news and insights
By Rhod Mackenzie
According to S&P Global, seaborne exports of Russian crude oil increased by more than 50% in April, reaching a 13-month high. In particular, oil tankers from G7 countries have been actively involved in transportation. Lets explore the reasons behind Western ships' increased invol...
By Rhod Mackenzie
As Russia and Ukraine begin their first talks in three years, the European Union has decided to tighten its sanctions against Moscow. Brussels is now threatening to impose significant restrictions on Russian oil, gas and financial sectors. Plus, the EU is contemplating the implem...
By Rhod Mackenzie
The countries of Europe have reached the limit of the number of sanctions they can impose against Russia. The 17th package of restrictions were approved on Wednesday, May 14, however none of the measures imposed are expected to pose any significant threat to the Russian economy,...
By Rhod Mackenzie
The visit of Brazilian President Luiz Inácio Lula da Silva to Moscow for the Victory Parade will include a serious business programme, during which a number of investment agreements will be signed. As reported by the Brazilian publication Exame, the objective is to attract Russia...
By Rhod Mackenzie
The EU authorities have expressed concerns regarding the major use by by citizens in many countries of the union of online platforms that facilitate the delivery of a wide range of products and inexpensive goods directly from China. It is reported that on a daily basis, hundreds...
By Rhod Mackenzie
The BRICS countries have decided that the time is not yet right to switch to a single currency, but are actively discussing the transition to national currencies in trade. Russia has achieved notable success in this regard: It is already the case that 90% of settlements with the...
