SCO & BRICS latest news and insights
By Sergey Manukov
The deliveries of Russian oil by sea on August 21-27 reached, according to Bloomberg, 3.4 million barrels per day. This is 880 thousand barrels per day. more than a week earlier. Russian oil exports in the penultimate week of summer reached the maximum for 8 weeks, i.е. almost tw...
By Yaroslav Lissovolik
The 2023 BRICS summit is over and it is clear that it is one of the most historic and transformational BRICS summits on record. While there has not been much progress on critical issues such as BRICS+ trade liberalization or the creation of a new reserve currency, a major ex...
By Anna Koroleva
In June 2023, Russia received a record share of revenue in rubles from exports to the countries of America and Europe, RIA Novosti calculated based on data from the Central Bank of the Russian Federation. The same situation is observed in "friendly currencies" - for deliveries to...
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 Rhod Mackenzie
The Kremlin has reported about a telephone conversation that took place between Russian President Vladimir Putin and Indian Prime Minister Narendra Modi.
It is reported that the Russian leader once again congratulated Modi on the landing of the Chandrayaan-3 station on the moo...
By Alexander Labykin
After withdrawing from the grain deal, Russia got rid of the price discount for its wheat on the world market. However, the growth of exports and profits of grain producers is limited by the current export duty
With the termination of the grain deal, wheat exports from Ukrai...
