SCO & BRICS latest news and insights
By Rhod Mackenzie
How The success of each country depends on the ability to identify its strengths. Furthermore, it is essential to be able to adapt to changes and build a development strategy, following your interests and new opportunities for growth and prosperity. In the current business climat...
By Rhod Mackenzie
Back in 2022 the decrepit and senile old fossil that was the President of the United States in his announcement of shock and awe sanctions on Russia sais that the he would destroy the Russian economy and turn the Russia currency the Ruble in to Rubble. We that did not work out al...
The strengthening of the ruble can be attributed to the transition to national currency payments for imported goods, as reported by Izvestia. By the end of 2024, the share of such transactions exceeded 80%, with half of all settlements being made in rubles, effectively bypassing the use of dollars a...
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...
Over the last two years Russia's trade has moved away from Europe and now directly to Asia and particularly towards its BRICS partners.
The reorientation towards BRICS has an impact on all Russian trade, according to the Russian Ministry of Economic Development, The Ministry had previously observe...
By Rhod Mackenzie
According to a report in the newspaper Izvestia, payments from Russia to China have improved in recent months. In March and April, there were almost no transfers to China. However, this changed following Vladimir Putin’s visit to Beijing. As the entrepreneurs explained, small reg...
