SCO & BRICS latest news and insights
The total investable wealth currently held in the BRICS bloc amounts to USD 45 trillion and its millionaire population is expected to rise by 85% over the next 10 years, according to the inaugural BRICS Wealth Report, published by international investment migration advisory firm Henley & Partners in...
By Rhod Mackenzie
India's economy has become the fastest growing on the planet, with a GDP growth of 7.5%. The Prime Minister Narendra Modi announced this at the opening of the International Energy Week in Goa.
He stated that the Energy Week comes at a very important time, as India's GDP growth r...
By Rhod Mackenzie
Russia's oil and gas revenues have continued to grow since the beginning of the year. This extra cash has made it possible to resume replenishing the country's reserves. However, the situation has become quite ambiguous and the risks of a decline in the country's income have not...
By Rhod Mackenzie
The movement of Russian gold has suddenly changed direction. Instead of going to London, Russian precious metals are flowing to Asian markets where demand remains consistently high. What are reasons for this redistribution and change of direction, who currently requires gold and...
The first meeting of BRICS Sherpas and Sous-Sherpas, organised by Russia as the group's chairman, was held in Moscow. Representatives of the five new members of the association: Egypt, Iran, UAE, Saudi Arabia, Ethiopia and Egypt are taking part in it for the first time.
One of the priorities of BR...
By Nivedita Das Kundu
Introduction
The International North-South Transport Corridor (INSTC) is the term which is used to describe the ship, rail, and road route for moving freight from South Asia to Europe through Central Asia, the Caucasus and Russia. The route primarily involves moving goods f...
