SCO & BRICS latest news and insights
By Rhod Mackenzie
In 2014 in response to the first sanctions imposed on Russia by the US,G&7 and the EU which were imosed after the reuninfication of Crimea with the Motherland the Russian Central Bank started to reduce dramatically their holding of US treasury bills and instead invest their reser...
In the ongoing and escalating trade war between the US and China it seems that China has dealt a serious blow to Boeing, which is already losing its market share of the global avaition market to Europe's Airbus. Beijing has refused to accept delivery of Boeing planes.The future losses of Boeing ar...
In an effort to gain energy independence and diversify supplies, Europe has created a complex and costly situation for itself. On the one hand, political pressure is compelling it to maintain its refusal to import Russian gas. Conversely, the economic situation necessitates the identification of mea...
When the US led G7 plus the EU imposed the so called 'shock and awe' sanctions on Russia,it turned to its fellow members of BRICS for its trade,this helped it successfully navigate the storm and overcome the majority of the barriers to trade.When it was cut off from the SWIFT system it and the other...
Now everywhere is the Western press there are the doom monegers telling you about Russia's economic collapse,in fact if I got $5 dollars for every article I read predicting its collapse over the last 3 years I would be very rich indeed.
Now the Real situation in the Russian is economy is its balanc...
The ongoing trade tensions between the US and China are intensifying. In response to Donald Trump's 34% tariffs, Beijing introduced a symmetrical response and also ceased purchasing American liquefied natural gas (LNG). In addition, due to the high tariffs, China has begun to resell it on the global...
