SCO & BRICS latest news and insights
The ongoing crisis in the German economy has proven to be more protracted than initially anticipated, with the nation's GDP experiencing consecutive years of contraction. This phenomenon is unique and is very significanct. However, it is crucial to note that a broad range of sectors are simultaneou...
In response to the Ukraine crisis, the United States and its allies imposed economic sanctions on Russian oil in February 2022. Later that year, they introduced a $60 cap on crude and an embargo on Russian seaborne oil, with the aim of hurting the country's economy while ensuring the continued flow...
In 2024, there was a notable increase in the desire of Global South countries for their voices to be heard. It was also notable because the Global South resoundingly told the US and its Vassals to go forth an multiply when pressured to ignore and not to join the BRICS
This movement reached its zeni...
It has been reported that fellow BRICS founder member,India, is prepared to enter into a long-term contract with Russia for the supply of a very substantial volume of oil. Moreover , it is its intention to conclude this matter as expeditiously as possible. The urgency of this decision may be indicat...
The BRICS partner countries will officially assume this status on 1 January 2025, according to confirmation from the Deputy Foreign Minister of the Russian Federation, Andrei Rudenko,. According to him the total number listed is thirteen.
Lets look first at Asia in addition to Thailand, Malaysia a...
Prior to even taking up residence in the White House, Donald Trump the new-old US president has made the statement that is tantamount to declare a currency and trade war with the countries who are members of the BRICS countries. I know Trump is used to making outlandish and outragious statement bu...
