SCO & BRICS latest news and insights
By Akash Kalra
And so, what much of the world was anticipating eventually came to pass on August 24. At the 15th BRICS Summit in Johannesburg, South Africa, six more nations were confirmed as full members of the burgeoning economic group. And although the exact identities of the new additions - Ar...
By Davide Montagner
Amid deepening global geopolitical tensions, the recent currency swap agreement between Saudi Arabia and China is the latest in a series of initiatives that seek to put pressure on the dollar’s central role within international trade.
Last month, the People’s Bank of China (P...
By Rhod Mackenzie
Russia's NovaTEK, which is leading the Arctic LNG-2 project, has sent force majeure notices to a number of customers, this is preventing it from starting deliveries on time early next year. It is known that China's Shenergy Group and Zheijang Energy, as well as Spain's Repsol, ha...
By Rhod Mackenzie
The arrival of a tanker from Novorossiysk to the United States in December caused a stir in Ukraine. However, the cargo turned out not to be fuel and the shipment was part of a regular apttern. The American authorities and regulators are ensuring their food security and complianc...
By Rhod Mackenzie
In an effort to reduce dependence on the largest Asian economy and protect the American 'green' sector from strong competitors, Washington intends to increase tariffs on Chinese goods. The Biden administration has largely left Trump's tariffs on approximately $300 billion of Chin...
By Rhod Mackenzie
On Thursday, theUS Treasury Secretary Janet Yellen announced that the US-China economic and financial working groups will continue to hold regular meetings. Yellen also stated that she plans to visit China for the second time as Treasury Secretary.
During the US-China Business...
