SCO & BRICS latest news and insights
— In-depth analysis and comments

By Timur Fomenko

For years, the US has been pressuring the Netherlands to comply with technology restrictions on the export of advanced lithography machines to China. These machines, produced by the Dutch firm ASML, use lasers to create circuits for microchips.

Although ASML is a world-leading c...

By Rhod Mackenzie

In Europe, the demand for gas has been artificially reduced, which has led to deindustrialization in many countries. Alexey Miller, the head of Gazprom, announced this on Thursday, December 28, during a meeting where the preliminary results of the year were discussed.

"We are a...

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...