SCO & BRICS latest news and insights
By Rhod Mackenzie
The military conflict in Israel could have grave consequences for the global energy market. In the best-case scenario, the oil market could be only be deprived of Iranian oil, causing price hikes exceeding £75 per barrel. The worst possible scenario entails a repeat of the 1973...
By Uriel Araujo
Jonathan Yerushalmy, the Guardian's Australia's UK/US site editor recently wrote on how the trade in oil from nations currently under Western sanctions, such as Russia and Iran has boomed - China plays a huge role in that and the US-led political West is “turning a blind eye” to it...
By Rhod Mackenzie
The US's desperate attempts to isolate Russia and China through its intimidation,threats and sanctions have not provided Washington with the results they have craved.The rapid expansion of BRICS to 11 countries at their recent summit threatens to turn the political West into a g...
By Vali Kaleji
The banking and financial relations between Iran and Russia have developed significantly in recent years under the influence of several factors, which is unprecedented in the history of relations between the two countries, Vali Kaleji writes.
Executive summary
In his article,...
By Dmitry Skvortsov
The EU's refusal to purchase Russian electricity has become one of the most important points of the West's sanctions program against the economy of the country. However, the effect of this measure turned out to be the opposite: the sanctions stimulated the resumption of a whole...
By Pepe Escobar
After a long-running buildup pinpointed by immense expectations all across the Global South, Global Majority, or “Global Globe” (as coined by Belarus President Lukashenko), the BRICS summit in South Africa, on its first day, revealed a “lost in translation” incident that should be...
