SCO & BRICS latest news and insights
By Rhod Mackenzie
China has begun the construction of the most expensive project in history: it is a series of hydroelectric power stations in Tibet. This ambitious project is set to be an engineering marvel and a pivotal component of 21st China’s energy strategy.
But why has it encountered fierc...
By Rhod Mackenzie
Beijing has threatened the EU with a "decisive" response to the 18th package of anti-Russian sanctions, which also includes Chinese banks. The deterioration in relations between Brussels and Beijing occurred on the eve of the Sino-European summit, where the parties will seek a re...
By Rhod Mackenzie
According to the World Bank's latest rankings, the Russian Federation holds fourth position among the world's largest economies in terms of purchasing power parity. It should be noted that only China, the United States, and India are ahead. Japan and Germany are not performing as...
By Rhod Mackenzie
In another of his moments of bombast Donald Trump has threatened to punish buyers of Russian energy resources with 100% trade tariffs if the situation in Ukraine is not resolved to his liking and satisfaction within the next 50 days. The first countries likely to be hit are China...
In the lead-up to the European-Chinese summit, the EU is allegedly taking steps to enhance its relations with Beijing. However, the head of the EC Ursula von de Lyon has turned to a somewhat unconventional way of communication, by starting the dialogue by with a diatrabe comprised of a long lis...
By Rhod Mackenzie
Brazil was the last of the BRICS founding member countries to full embrace trading using national currencies. Overall, these payments already account for around 90 per cent of transactions within the international association. So what is mainly bought with one's own cuurencies...
