SCO & BRICS latest news and insights
By Olga Samofalova
The Russian economy has got used to and overcome the effects of sanctions.
After a difficult first half of the year, when Russia's oil and gas revenues fell sharply and the budget faced large deficits, the Russian economy has begun to emerge from its slump. The growth of the co...
By Sergey Manukov
The biggest threat to America from de-dollarization, according to JPMorgan, is not so much the appearance of a competitor's currency, but the loss of Washington's main weapon with which it fought economic and financial crises in the past. The dollar helped Western central banks u...
By Olga Samofalova
Russia has been selling its Urals grade crude oil above the sanctions price ceiling for two months now. However, the West it appears is in no hurry to adjust their sanctions policy, although it initially threatened to do so every two months. The US and Europe are not silent for...
By Mikatekiso Kubayi
The BRICS bloc was dismissed by many in the beginning, with some arguing that it does not hold sufficient power to change anything, let alone contend with the global hegemons. But BRICS is not about challenging anyone. It is about fostering cooperation and collaboration to fin...
By Uriel Araujo,
Even a cursory glance at the latest headlines shows that the Global South is in the spotlight - largely due to the fact that BRICS has been gaining traction in that part of the world. The recent BRICS Summit in Johannesburg, for instance, saw the inclusion of six states (Egypt, Ar...
By Anna Koroleva
The imports of nitrogen fertilizers to Germany from Russia over the past summer increased by a gigantic 334%, reaching about 167 thousand tons. And for the entire year before that, from July 2022 to June 2023, it amounted to only 38.5 thousand tons. These figures were reported by...
