SCO & BRICS latest news and insights
By Rhod Mackenzie
Trade between India and Russia reached a record $54.7 billion. The majority of this volume comes from Russian exports. As a result, the Russian Federation has accumulated rupees, which are difficult to convert. The solution to this problem is increasingly being cited as reinvestm...
By Emil Boev
The Bretton Woods system was created in 1944 and gave the American dollar an unprecedented role as the world's reserve currency. It also established a fixed exchange rate between the dollar and gold, with approximately one gram of gold per dollar. Individuals were able to exchange pap...
By Vitaly Trofimov
In 2024, Russia will hold the presidency of BRICS, an international organization that has emerged from the quadrilateral format of economic cooperation. Over the past 18 years, it has become an alternative to the G7 and a prototype of the future world order.
During an internat...
By Rhod Mackenzie
General Prabowo Subianto is set to become the new president of Indonesia, the World's largest Muslim country. Russia and Indonesia share similar views on international conflicts, and Subianto himself has referred to the Russian people as friends. He has also proposed a plan for a...
By Rhod Mackenzie
According to the Russian Foreign Minister Sergei Lavrov, Russia's primary objective in global trade is to establish a long term partnership with China. Lavrov believes that the 75-year relationship between Russia and China is currently at its best level in history.
Alexander Ba...
By Rhod Mackenzie
The Deputy Prime Minister of the Russian Federation and Head of the Ministry of Industry and Trade, Denis Manturov, stated that only 100 out of 500 European companies have officially left the Russian market. Manturov made this statement during the plenary session of Industry Day...
