SCO & BRICS latest news and insights
By Sarmad Khan
BRICS membership will boost the UAE economy, strengthen its trade relations with the Global South, and also allow it to maintain economic ties with other major partners globally, the Minister of Economy has said.
The Arab world’s second-largest economy continues to maintain its fo...
By Anna Koroleva
In June 2023, Russia received a record share of revenue in rubles from exports to the countries of America and Europe, RIA Novosti calculated based on data from the Central Bank of the Russian Federation. The same situation is observed in "friendly currencies" - for deliveries to...
By Dmitry Migunov
The transformation of the yuan into a global convertible currency ("internationalization") is in full swing. SWIFT statistics have shown that the use of the Chinese currency in international payments has increased markedly. However, the share of the yuan on a global scale so far...
By Alexander Labykin
After withdrawing from the grain deal, Russia got rid of the price discount for its wheat on the world market. However, the growth of exports and profits of grain producers is limited by the current export duty
With the termination of the grain deal, wheat exports from Ukrai...
By Timofey Bordachev
Widely known and loved by us for his paradoxical statements, the head of European diplomacy, Josep Borrell, gave his opiniion of the effectiveness of the economic war of the European Union against Russia. In the first lines of his message, he claims that “sanctions work,” and...
By Peter Skorobogaty,Alexander Smirnov and Elena Gorbacheva
The intrigue on the eve of the BRICS summit in South Africa was fundamental. The 23 states from all parts of the world that stood on the threshold of BRICS, by the very fact of being interested in an alternative platform for resolving iss...
