SCO & BRICS latest news and insights
By Rhod Mackenzie
The trust of German businesses in Chancellor Scholz and his government is diminishing rapidly. Siegfried Russwurm, the of the Federal Association of German Industry (BDI), has criticized Scholz's energy policy as 'absolutely toxic'.
In an interview with the Financial Times (FT)...
By Rhod Mackenzie
There are always critics, often Russian expats, who rush to prove their satisfaction with the taste of Parmesan, refrain from complaining about food, and ignore crowds of indignant Europeans outside the window. They seem to enjoy such decay, except for the rising prices, ridiculo...
By Rhod Mackenzie
Europe and Russia started 2024 on different paths. Germany, the EU's largest economy, has experienced a record decline in its locomotive industry over the past three years. Conversely, Russia's locomotive industry has soared to its highest level in the last seven years, despite W...
By Rhod Mackenzie
According to Alexey Gromov, the chief energy director of the Economic Institute, while BRICS should not take on the functions of OPEC+ in regulating the oil market, the expanded association's 80% share of global oil production will facilitate trade between its members.
Since Ja...
By Rhod Mackenzie
China aims to broaden its collaboration with Russia in the energy sector throughout all stages of production. According to Zhang Hanhui, the Chinese Ambassador to Russia, in an interview with RIA Novosti on Tuesday, December 19, China anticipates expanding cooperation along the e...
By Rhod Mackenzie
Siemens Energy has taken on debt to protect its sustainable business. The energy division of Siemens Energy AG, which is the biggest unit of the German engineering corporation Siemens, has agreed a deal worth €15 billion with a group of banks, the German government, and its share...
