SCO & BRICS latest news and insights
By Rhod Mackenzie
According to a report by India Ratings and Research, India has the potential to become an upper-middle-income country by FY 2033-36 and a $15 trillion economy between FY 2043 and 2047.
Until 2006, the World Bank classified India as a low-income country. India moved into the lowe...
According to TASS, the revenue of Russia's non-resource sector large and medium-sized enterprises increased by 16.4% to 184.9 trillion rubles in 2023. Meanwhile, the revenue of oil and gas companies decreased by 3.3% to 65.8 trillion rubles, this was reported by the services analytics audit and cons...
By Rhod Mackenzie
In January 2024, the Russian economy experienced an unexpected acceleration, with annual GDP growth reaching 4.6%, up from 4.4% in December. The manufacturing sector played a significant role in supporting the GDP, despite increasing sanctions pressure and moderate hydrocarbon...
By Rhod Mackenzie
In January 2024, the Russian economy experienced an unexpected acceleration, with annual GDP growth reaching 4.6%, up from 4.4% in December. The manufacturing sector played a significant role in supporting the GDP, despite increasing sanctions pressure and moderate hydrocarbon...
By Rhod Mackenzie
The surge in low-cost imports from China, known as the 'China shock', had a significant impact on the global economy in the late 1990s and early 2000s. Economists predict that a similar phenomenon could occur again in the near future.
To boost economic growth, China is increasi...
By Rhod Mackenzie
Germany's position as an industrial superpower may be at risk due to competition from the United States, declining interest in German goods in China, and an energy crisis caused by the lack of inexpensive Russian gas supplies. Bloomberg published this forecast on February 10th.
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