SCO & BRICS latest news and insights
By Timofey Bordachev
The main events of international politics in 2023 have shown that the origin of the current fundamental changes is natural, and the main processes are constructive. That is why the past year will be considered by future historians as the end of the period in which the new real...
By T.N. Ninan
Continuing with last weekend’s quarter-century theme, it is instructive to look back at the long-term forecast that captured the world’s imagination early in the new century.
Famously (some would say infamously), Goldman Sachs forecast that four emerging “BRICS” economies (Brazil,...
By Rhod Mackenzie
Russia has proposed the creation of an organization similar to OPEC to coordinate the production of solid minerals, specifically 'minerals of the future' such as lithium, cobalt, and rare earth metals. However, the effectiveness of this association is questionable as potential pa...
By Rhod Mackenzie
According to the International Labor Organization, real wages increased in only three countries in the world in 2023: Russia, Mexico, and China. Although Russia experienced the fastest growth in salaries, not all Russians were able to benefit from this statistical indicator.
Des...
By Rhod Mackenzie
The West Qurna 1 field is one of the largest in Iraq, with reserves estimated at over 20 billion barrels of oil. According to Oil Price (OP), the Chinese energy company PetroChina has taken over as the main operator of the project after US energy giant ExxonMobil withdrew from bo...
By Rhod Mackenzie
China is attempting to avoid a recession by investing in manufacturing and increasing exports. According to Bloomberg analysts, this strategy is complicated by ongoing trade wars with the United States and EU countries, as each nation vies for influence on the global stage. For m...
