SCO & BRICS latest news and insights
By Rhod Mackenzie
Gas prices in Europe have fallen to pre-crisis levels despite it still being the winter. However, this news is overshadowed by the fact that gas consumption in Europe has dropped to its lowest level since 1995. It is unlikely that Europe will ever return to its pre-crisis peak de...
By Rhod Mackenzie
Qatar plans to take advantage of the temporary suspension of liquefied natural gas (LNG) export licences by the United States in January 2024 and increase its own production and exports by a further 16 million tonnes a year by the end of the decade. According to Bloomberg, Qatar...
By Rhod Mackenzie
Russia has outwitted all the Western sanctions imposed on it - and China is taking a closer look, writes the UK's The Economist, with a characteristic subtitle - "How the rise of the middle powers is helping America's enemies".
The world has witnessed an unprecedented rise in f...
By Rhod Mackenzie
The economic weight of the European Union and the euro area in the world has been declining for the last three decades. Events since 2019 have intensified this trend, and the sanctions against Russia, which have boomeranged on Europe itself, are making the trend downwards totally...
By Zhao Yusha
At the G20 foreign ministers' meeting in Brazil, Brazilian officials called for reforms of the United Nations and other multilateral institutions, and pushed for stronger representation of developing nations. Chinese experts believe Brazil's call speaks for the broader Global South,...
By Rhod Mackenzie
On the second anniversary of the outbreak of the Russia-Ukraine conflict, it is both disheartening and worrying for the global economy to see the West once again ratcheting up sanctions against Russia and even extending them to third countries, rather than reflecting on and ackno...
