SCO & BRICS latest news and insights
By Timofey Bordachev
Despite the deepening military-political crisis in relations between Russia and the West, and the uncertain future of Ukraine, Moscow cannot forget about its other neighbours in the former USSR, particularly Central Asia. This region is home to five independent republics that...
By Rhod Mackenzie
The International Monetary Fund has revised its growth forecast for the Russian economy in 2024, more than doubling its previous estimate from 1.1% to 2.6%. This marks a significant increase in optimism compared to last year's forecast. The IMF forecast shows that the Russian eco...
By Rhod Mackenzie
The EU is allocating money to create a new transport corridor through Central Asia, bypassing Russia. The new route is their a competitor to the Chinese “One Belt, One Road” project. Brussels does not hide the fact that these plans are directed specifically against Russia. Will...
By Rhod Mackenzie
President Biden's decision to suspend the issuance of new LNG export licenses caused controversy in the United States. Republicans argue that the White House's move weakens not only America and Europe but also plays into the hands of Moscow. However, it is unclear whether these o...
By Rhod Mackenzie
Russian officials have not indicated the volume of possible retaliatory confiscation. The press often cites the amount of $288 billion, which RIA Novosti received based on data on direct investments by the EU, G7, Australia, and Switzerland in the Russian economy at the end of 20...
By Rhod Mackenzie
In late 2023, Russia's gold reserves reached a new record high. This article looks at the recent changes in the structure of international currency assets, the decreasing share of the dollar and euro, the stability of this scheme, and the importance of gold for the Russian econom...
