SCO & BRICS latest news and insights
In the current trade war between the U.S. and China, the latter has imposed tariffs on a range of American agricultural products, including soybeans, wheat, corn, meat and dairy products. In response, Russia is eager to increase its exports to the Chinese market, which is significant given the size...
US Secretary of State Marco Rubio has announced his intention to halt the rapprochement between Russia and China, perceiving their alliance as not in the best intersts of America.As a staunch supporter of President Trump, Rubio is confident in the feasibility of this objective. However, it remains t...
Market analysis indicates an increase in the adoption of domestic brands of household appliances and electronics among Russian consumers. Market players and industry experts have reported to Izvestia that there has been a significant increase in sales of these products, with some categories witnessi...
The European Commission President Ursula von der Leyen has finally acknowledged that the EU has suffered significant economic losses due to cutting off it major purchses of Russian energy resources. She has characterised the current situation as critical, emphasising that the EU's competitiveness is...
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...
