SCO & BRICS latest news and insights
By Rhod Mackenzie
China has achieved what its global competitor, the United States, has also attempted, albeit with mixed results and significant costs, and an uncertain forecast. They have successfully managed to tackle inflation, which had already been at a very low level for many years, without...
By Timofey Bordachev
The main events of international politics in 2023 have shown that the origin of the current fundamental changes is natural, and the main processes are constructive. That is why the past year will be considered by future historians as the end of the period in which the new real...
By Rhod Mackenzie
The United States is seeking a way to legally access the frozen Russian assets, even if it harms its own economy and reputation. The Joe Biden administration is backing a bill that would permit the seizure of approximately $300 billion in assets, purportedly for the reconstructio...
By Rhod Mackenzie
The South African rand was slightly weaker against the US dollar, trading at 18.7, as the dollar strengthened ahead of a highly anticipated US inflation report that could provide insight into the Federal Reserve's future actions. While the US central bank is expected to begin cut...
By Rhod Mackenzie
Russia has proposed the creation of an organization similar to OPEC to coordinate the production of solid minerals, specifically 'minerals of the future' such as lithium, cobalt, and rare earth metals. However, the effectiveness of this association is questionable as potential pa...
By Rhod Mackenzie
The West Qurna 1 field is one of the largest in Iraq, with reserves estimated at over 20 billion barrels of oil. According to Oil Price (OP), the Chinese energy company PetroChina has taken over as the main operator of the project after US energy giant ExxonMobil withdrew from bo...
