SCO & BRICS latest news and insights
By Rhor Mackenzie
Following the imposition of the so called 'sanctions from hell ' regime, the headlines in the Western media predicted that Russia's economy would collapse within days if not then weeks and certainly in less than six months. However, now three years have passed, and the IMF has s...
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...
On a clear March morning in 2022, the cemetery in Brussels was both solemn and crowded.
The limousines, bearing European and American license plates, continued to arrive, and the ladies and gentlemen, attired in formal wear, made their way between the gravestones and mausoleums to the large excavat...
The 6.9% decline in net pre-tax profit of Russian companies in 2024, as reported by Rosstat on 5 March, was anticipated, given the evident deterioration in working conditions, according to economists surveyed by themagazine Expert. However, the decline was predominantly concentrated in sectors vuln...
The industry is contributing to the Russian economy's growth this year. Notably, the manufacturing sector has demonstrated consistent growth, setting new records for two consecutive years. Historically, the most significant growth has consistently been driven by oil and gas production. The question...
There has been a noticeable shift in the tone of Western media outlets recently. The local public, which for the last three years has been presented with narratives about a Russia facing significant economic challenges, has required immediate clarification. Bloomberg has providedthe support to its...
