SCO & BRICS latest news and insights
By Rhod Mackenzie
How The success of each country depends on the ability to identify its strengths. Furthermore, it is essential to be able to adapt to changes and build a development strategy, following your interests and new opportunities for growth and prosperity. In the current business climat...
By Rhod Mackenzie
Back in 2022 the decrepit and senile old fossil that was the President of the United States in his announcement of shock and awe sanctions on Russia sais that the he would destroy the Russian economy and turn the Russia currency the Ruble in to Rubble. We that did not work out al...
By Rhod Mackenzie
The BRICS countries have decided that the time is not yet right to switch to a single currency, but are actively discussing the transition to national currencies in trade. Russia has achieved notable success in this regard: It is already the case that 90% of settlements with the...
The strengthening of the ruble can be attributed to the transition to national currency payments for imported goods, as reported by Izvestia. By the end of 2024, the share of such transactions exceeded 80%, with half of all settlements being made in rubles, effectively bypassing the use of dollars a...
President Vladimir Putin has stated that Bitcoin and other digital currencies cannot be banned, as they will continue to develop regardless of the state of the dollar. From Russia's perspective, a currency that cannot be banned is particularly attractive. It is imperative that we embrace new financi...
Its has been reported that on 16 September, the International Monetary Fund (IMF) has resumed official contacts with Russia for the first time since 2021. This has already prompted a strong reaction in a number of Western countries.
It is therefore pertinent to ask the question as to why one of t...
