SCO & BRICS latest news and insights
By Rhod Mackenzie
In October, Russia exported a record batch of crude oil to Brazil - 207 thousand tonnes worth $133 million, RIA Novosti reported after analysing data from the Latin American country's statistical service. A leading analyst at Freedom Finance Global Natalya Milchakova commented on...
By Rhod Mackenzie
Bahrain believes that joining BRICS will bolster its position in the region and in the world in terms of economic development and security, according to the kingdom's ambassador to the Russian Federation, Ahmed Abdulrahman Al Saati, who spoke to RIA Novosti.
Bahrain has official...
By Rhod Mackenzie
Baidu, a Chinese entity, has been procuring chips from US-based company Nvidia for a prolonged period. The ongoing technological friction between Beijing and Washington, coupled with US Department of Justice's sanctions on Chinese corporations, has resulted in the Chinese firm s...
By Rhod Mackenzie
Russia's GDP increased by 5.1% YoY in Q3 2023, according to the latest monetary policy report released on Tuesday by the country's central bank.
The regulator's estimates indicate that the Russian economy displayed notable growth in both Q2 (4.9%) and Q3, resulting in the centr...
By Rhod Mackenzie
The Russian component of the grain agreement stands at zero, and despite UN attempts to restart negotiations, there has been no progress, this was stated by the Russian Foreign Minister Sergei Lavrov during an ambassadorial round table on a Ukraine settlement held on Wednesday, 8...
By Chu Daye, Qi Xijia
European companies are still heavily betting on China, and they said that their businesses have truly benefited from China's high-level opening-up. This forms a sharp contrast with some voices that call China's ongoing import fair a "symbolic gesture" when China is holding th...
