SCO & BRICS latest news and insights
By Rhod Mackenzie
The export of goods from China to the United States fell by 16.4%, while imports fell by 6%. This data, is based on the results of first three quarters of 2023, were published by the General Administration of Customs of the People's Republic of China. What is the explanation for t...
By Rhod Mackenzie
The Western media alleges that purchasing gas from the recently established Russian Arctic LNG-2 facility is too risky as it might attract American sanctions. The Financial Times examined the implications of the new American sanctions on Arctic LNG-2. Nonetheless, it is premature...
By Rhod Mackenzie
Speculators are responsible for the drop in oil prices by manipulating figures and falsely claiming that oil demand is low. This statement was made by the Saudi Arabian Minister of Energy. A few weeks ago, oil was almost at $100 per barrel, but now it has fallen to $80. What caus...
By Rhod Mackenzie
Baidu, a Chinese entity, has been procuring chips from US-based company Nvidia for a prolonged period. The ongoing technological friction between Beijing and Washington, coupled with US Department of Justice's sanctions on Chinese corporations, has resulted in the Chinese firm s...
By Rhod Mackenzie
On 2nd November at 18:00 Moscow time, trading on the St. Petersburg Stock Exchange was suspended due to it falling under the sanctions imposed on Russia entities. Although trading of Russian shares continued on the next day from 2 p.m., foreign securities trading has not yet resu...
By Rhod Mackenzie
The US Assistant Secretary for Energy Geoffrey Pyatt stated that the United States seeks to shut down the Arctic LNG 2 initiative.
Earlier, the US Treasury increased its range of penalties towards Russia, which contains sanctions on Arctic LNG 2. Leonid Mikhelson, the head of N...
