SCO & BRICS latest news and insights
By Anna Koroleva
In July 2023, the share of the dollar in international settlements, according to the Swift system, rose to a record 46.5%. However, as experts note, the share of settlements going through Swift itself is noticeably decreasing, so that its statistics no longer reflect the entire tu...
By Tao Mingyang
The yuan retained its position as the fifth most-used currency for global payments in July, with a share of 3.06 percent, according to the Society for Worldwide Interbank Financial Telecommunications (SWIFT) - the second time the currency exceeded the 3 percent benchmark.
The yua...
By Rhod Mackenzie
The expansion of BRICS is taking place in the context of a change in the global world order, the collapse of the previous one and the process of the forming a new multipolar world, in which individual players in different regions, as well as influential organizations, one of whic...
By Alexandra Yudina
The expansion of the BRICS was a personal defeat for the President of the European Commission Ursula von der Leyen and the head of European diplomacy Josep Borrell, said Ramon Schak, a journalist for the German newspaper Berliner Zeitung.
In his article, he emphasized that "so...
By Evgenia Kryuchkova
The Eurasian Economic Union (EAEU) has begun discussing further priorities for the development of the integration of the "five" - on Thursday at a meeting of the intergovernmental council in Armenian Tsakhkadzor, the prime ministers of the participating countries considered...
By Igor Karaulov
In recent years, much has been said about the crisis of globalization, about the fact that the world will certainly break up into separate regions with their own financial systems, commodity markets and information spaces. A new feudalism or a new isolationism will arise. Someone...
