SCO & BRICS latest news and insights
By Rhod Mackenzie
The level of business activity in China picked up in September. The PMI business activity index rose from 49.7 in August to 50.2, surpassing the forecast of 50.0, this was reported by the National Bureau of Statistics of China. This rise suggests some economic growth. In addition...
By Henok Tadele Haile
When Ethiopia gained admission into the prestigious BRICS bloc, a wave of jubilation resounded across the country. This monumental event signals a coming of age for Africa’s second most populous nation on the global stage.
This modern alliance of major emerging economies pr...
By Rhod Mackenzie
The Arab monarchies have traditionally been seen as allies of the US in the Middle East, but relations are now rapidly cooling. The reason for this systemic discord is the foreign policy of the United States and the aggressive hegemonic style of the fading superpower. Even during...
By Rhod Mackenzie
The Ukraine have given an explainion about why they continue to take money from Gazprom and pump Russian gas. It turns out that this is only done for the sake of their European partners, so that they do not freeze in winter. But is the Ukrainian Naftogaz being disingenuous. What...
By Rhod Mackenzie
The General Administration of Customs of the People's Republic of China has lifted restrictions on the export of pork from Russia introduced in 2008, the press service of Rosselkhoznadzor reported.
"The General Administration of Customs of the People's Republic of China has appr...
By Rhod Mackenzie
Russia and China began actively using the yuan in their trade in 2022. This is now undermining the US dollar's position as the world's reserve currency. This is the conclusion of a study by economists at the European Bank for Reconstruction and Development. Historically, it takes...
