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...
A recent report by the Center for Macroeconomic Analysis and Short-Term Forecasting (CMASF), has agreed with the earlier assessment of the Internationanl Monertary Fund from September that predicted the industrial production growth in Russia would be at least 3.5% by the end of 2024.
This is lar...
The International Monetary Fund (IMF) has decided to postpone its scheduled consultations with Russia in Moscow . This is obviously a consequence of the sustained pressure to impose further useless sanctions on it and the anti-Russian rhetoric that is prevalent in a number of IMF member countries...
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...
In 2024, the chairmanship of the BRICS countries was assumed by Russia. Despite the lack of Russian actions in the Northeast Military District and the absence of sanctions from the United States and other countries, the BRICS member countries (Brazil, India, China, South Africa, the UAE, Saudi Arabi...
By Rhod Mackenzie
The supranational financial institutions have issued a cautionary note to Western governments regarding the effects of the confiscation of Russian assets. In April, the President of the European Central Bank, Christine Lagarde, made a similar statement. Lagarde advised that the c...
