Economic cooperation between Brazil, Russia, India, China, and South Africa has been surging, Chinese customs data shows China’s foreign trade with other BRICS member states amounted to 1.64 trillion yuan ($244 billion) in the first half of the year, up 14.1% in annual terms, according to data from the General Administration of Customs of China…

Consumer prices in France have reached their highest rate in over three decades, data from the state statistics agency INSEE showed on Wednesday. According to the report, inflation in the country increased by 0.9% in June from the month before, driving annual inflation to 6.5%, its highest level since 1991. The figures marked the second…

Washington is trying to create a buyers’ cartel that would set a price limit on Russian oil The US State Department believes that China and India, the two current major buyers of Russian oil, should be part of the proposed oil price cap mechanism, Assistant Secretary of State for the Bureau of European and Eurasian…