SCO & BRICS latest news and insights
By Rhod Mackenzie
The low demand for gas in Europe is evidence of the malaise of the European economy. This malaise is particularly noticeable in Germany, whose economy is in a very difficult situation after its rejection of Russian pipeline gas supplies.
Along with record gas prices last year, t...
By Gleb Baranov
September has turned out to be the best month of this year for oil prices so far. Last Friday, West Texas WTI, and on Monday, North Sea Brent, broke through the strong resistance levels, then reaching highs not seen since November: $88.08 and $91.15, respectively.
It was difficul...
By Vladimir Chernov
Germany, which having reduced its reliance on the purchase of pipeline gas from Russia, has now become dependent on Russian fertilizers. The rising energy prices have impacted the operation of the countries chemical enterprises and now Germany imports fertilisers rather than...
By Elena Gorbacheva
After Argentina, Ethiopia, the United Arab Emirates, Saudi Arabia, Egypt and Iran officially join the BRICS next year, its combined GDP will be 37% of the world's. In addition, it will control almost 50% of world oil production and 40% of its exports. The control of energy reso...
By Peter Skorobogaty,Alexander Smirnov and Elena Gorbacheva
The intrigue on the eve of the BRICS summit in South Africa was fundamental. The 23 states from all parts of the world that stood on the threshold of BRICS, by the very fact of being interested in an alternative platform for resolving iss...
By Rhod Mackenzie
The attractiveness of the BRICS countries demonstrates that the West has lost its former integration strength, and the world has entered a phase of development of a multipolar world order. This opinion was expressed on August 26 by the member of the Bundestag from the Alternative...
