SCO & BRICS latest news and insights
By Paul Goncharoff
With all the geopolitical and economic upheavals happening on what seems an accelerated daily basis, often important details get lost in the urgency of other events. Over the past weeks we have seen BRICS steadily growing, and just the Belt & Road forum has shown clear, goal dri...
By Rhod Mackenzie
Russia will maintain a voluntary reduction in the supply of oil and petroleum products to global markets by 300 thousand barrels per day until the year-end. Alexander Novak, the Russian Deputy Prime Minister, informed reporters on November 5th.
"A market analysis will be conduct...
By Rhod Mackenzie
Trade turnover between Russia and China in January-October increased by 27.7% year-on-year to reach $196.48 billion. The General Administration of Customs of the People's Republic of China (PRC) reported this on November 7.
As per published data, exports from China to Russia gr...
By Rhod Mackenzie
Europe's commitment to weaning itself off Russian fossil fuels appears to be in name only. Imports of Russian LNG into the European Union have now reached record levels. Spain and Belgium have doubled their purchases.
According to the Centre for German Studies at the Russian I...
By Rhod Mackenzie
This week something strange happened. On November 1st on the calendar - was the official 31st birthday of the European Union which was created based on the 1992 Maastricht Treaty. One would have expected flags to be flying, fireworks to be lighting up the sky, and von der Leyen t...
By Rhod Mackenzie
It has been proposed that twenty-four ships be constructed at Goa Shipyard Ltd, an Indian state-owned shipyard. The ships are intended to operate as part of the " North-South International Transportation Corridor" which goes from Russia to Iran via the Caspian Sea then across tha...
