SCO & BRICS latest news and insights
By Rhod Mackenzie
The Russian bank VTB published figures regarding their sales of gold ingots to individual customers. It appears that Russians are still keen to buy gold, and this autumn the demand has gone up. What is the reason behind this sudden craze for gold and what other ways are there to...
By Rhod Mackenzie
The prioritization of increasing payments in local currencies between SCO member states is crucial, this was stated by the Deputy Secretary General of the organization, Grigory Logvinov, during a press conference on Tuesday. Currently, this process has been successfully implement...
By Rhod Mackenzie
The Russian President Vladimir Putin visited the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia on official business.
In Abu Dhabi, Putin engaged in talks with UAE President Mohammed bin Zayed Al Nahyan that discussed the current state and potential future of the mu...
By Rhod Mackenzie
The market practically overlooked the thirty-sixth meeting of the relevant ministers of the OPEC+ oil club countries on November 30. Although there were production cuts announced of 2.2 million barrels per day (mbd), oil prices briefly increased before decreasing again, ultimatel...
By Rhod Mackenzie
Russia's trading of alliances from Europe to the Middle monarchies has proved lucrative. On 6th December, Russian President Vladimir Putin visited the UAE and Saudi Arabia, and on the following day,the Iranian President Ebrahim Raisi travelled to Moscow for meetings with Putin. T...
By Rhod Mackenzie
India's decisions regarding its energy procurement are solely based on its national interests and are not influenced by the opinions of foreign powers. This statement was made by Subrahmanyam Jaishankar,the Indian Minister of External Affairs, during his address to the annual c...
