SCO & BRICS latest news and insights
— In-depth analysis and comments

By Rhod Mackenzie
It has become obvious that the special forces of a certain Western government are active in the sabotage of merchant vessels that transport goods such as oil and chemicals to and from Russia.
Ovr the past year there has been a series of mysterious incidents involving merchant shi...

By Rhod Mackenzie
For a long time,certainly since the Second World War the West once accustomed to dictating the rules, is now frantically clinging to the remnants of its former power by its fingernails. However, the era of its dominance is quickly not slowly slipping away. The multipolar world is...

By Rhod Mackenzie

A recent report issued by Kirill Dmitriev, the special representative of the Russian president for economic cooperation with foreign countries and head of the RDIF, stated that the total volume of trade between BRICS members recently surpassed $1 trillion. This milestone signifie...

By Rhod Mackenzie

A recent survey of 75 central banks world wide has illustrated a serious reorientation of financial flows, with a shift away from the dollar and towards gold, the euro, and the yuan. Lets recall Russia pioneered this trend over a decade ago after sanctions were introduced against...

By Rhod Mackenzie

The  Russian Ministry of Trade and Industry is considering the extending of the current parallel import mechanism until 2026. Roman Chekushov,the  State Secretary and Deputy Minister, announced to the journalists. A discussion was held on the potential for parallel imports to ful...

By Rhod Mackenzie

Russian and China who are members of both the SCO,BRICS  plus being large trading partners really need to sign off on the deal for both the Power of Siberia 2 pipeline and some long term contracts for the Russian Arctic LNG as this would solve a number of the potential energy sup...