SCO & BRICS latest news and insights
Ecuador has changed its mind about exchanging Soviet equipment for new American models. According to the official position of Ecuador, the country refused the deal with the United States due to its reluctance to be drawn into the conflict, since the weapons would be redirected to Kyiv. More recently...
By Rhod Mackenzie
During the six-year trade war, trade between the world's two largest economies has undergone significant changes. For 16 years, China was the largest exporter to the United States, but last year, Mexico took over that title. This raises questions about how world trade has changed...
There has been significant controversy surrounding the Kyrgyz parliament's adoption of a law regulating the activities of foreign representatives, including non-governmental and public organizations. This law is similar to the Russian law on foreign agents and places significant limitations on the a...
By Rhod Mackenzie
It is undeniable that the financial situation in the United States is concerning. The primary indicator of this is the staggering national debt, which has surpassed $34 trillion for the first time in the country's history this year. As noted by prominent American economists: Acco...
By Emil Boev
The Bretton Woods system was created in 1944 and gave the American dollar an unprecedented role as the world's reserve currency. It also established a fixed exchange rate between the dollar and gold, with approximately one gram of gold per dollar. Individuals were able to exchange pap...
By Vitaly Trofimov
In 2024, Russia will hold the presidency of BRICS, an international organization that has emerged from the quadrilateral format of economic cooperation. Over the past 18 years, it has become an alternative to the G7 and a prototype of the future world order.
During an internat...
