SCO & BRICS latest news and insights
By Uriel Araujo
According to Financial Times, Brazilian imports of diesel from Russia last year skyrocketed, with a staggering 4,600 per cent increase pertaining to total value - from $95 million worth of diesel purchases in 2022 to $4.5 billion. Purchases of fuel oil in turn rose by about 400 pe...
By Rhod Mackenzie
Russia and Turkey are preparing for their first leaders' meeting of the year, tentatively scheduled for February 12 in Ankara. The parties will discuss key issues of bilateral cooperation, including the creation of a Turkish-Russian bank to solve payment transfer problems, amidst...
By Rhod Mackenzie
Turkey must resist Western pressure to apply anti-Russian sanctions based on its own national interests. According to Dogu Perincek, the chairman of the Turkish Vatan (Homeland) party, this is inevitable.
Perincek stated that Turkey can only overcome its current economic proble...
By Rhod Mackenzie
According to the Union of Grain Exporters, Turkey remained the primary importer of Russian grain and wheat during the first half of the 2023-2024 season (from July 1, 2023 to June 30, 2024).
According to the union's telegram channel, Turkey remained the top importer of Russian...
By Rhod Mackenzie
Turkey has made up to $2 billion in extra profits in 2023 by importing discounted oil and petroleum products from Russia. Despite Western sanctions, Ankara aims to increase its purchases of Russian energy resources.
Over the past year, Ankara has become the largest buyer of Rus...
By Rhod Mackenzie
According to Pavel Zavalny, Chairman of the State Duma Committee on Energy and President of the Russian Gas Society, the supply of Russian gas to the European market is contingent on the implementation of the Turkish gas hub. Without it, the EU's prospects for the supply Russian...
