SCO & BRICS latest news and insights
The Former US President Donald Trump, again striving to become the “leader of the free world,” is trying to prevent countries around the world from abandoning the use of the dollar. How will he take revenge and how will this threaten the economy? And what should Russia do in this situation with its...
By Rhod Mackenzie
The US has temporarily allowed transactions with Russian banks, including Sberbank and VTB. Transactions are only possible in the energy sector and will be agreed before 1 November this year. Why did Washington take this decision and how will it affect the market?
The US Treasur...
By Rhod Mackenzie
On 27th April the Russian President Vladimir Putin held a meeting on economic issues.
Here are the highlights
“The data from the beginning of the year turned out to be higher than the forecasts of the government, the Bank of Russia and some experts. In January-February, Russia’...
By Rhod Mackenzie
The Chinese currency, the yuan, has overtaken the Japanese yen to become the fourth most used currency in international payments via the SWIFT system. Its share of the market has reached 4.7%, almost twice as much as last year. However, the data does not take into account the Rus...
By Rhod Mackenzie
The major BRICS countries of China,India and Russia are at the forefront of the use of and the the continued building of nuclear power plants to generate clean sustainable energy while the West has pinned its hopes on the so called renewables of Wind and Solar the BRICS are goin...
Not a single high-ranking Chinese official went to the airport to see off US Secretary of State Antony Blinken, who ended his visit to China so ingloriously. What were the key issues that led to the failure of the most important negotiations for Washington? What did Blinken demand from China regardi...
