SCOBRICS

Saudi Aramco is the most profitable company in the world

By Rhod Mackenzie The common assumption that technology firms generate the highest revenue is erroneous. As per Fortune magazine, in 2023, the most lucrative corporation globally is neither Apple Inc nor Google. Instead, it is the oil conglomerate Saudi Aramco, with 90% of its shares currently owned by the state. The previous year saw Aramco […]

EU looks to Africa to replace Russian gas as its desperation becomes obvious

By Rhod Mackenzie The decrease in pipeline supplies from Russia is compelling Europe to continually seek new gas sources amid long term global supply issues. The largest economy in the bloc, Germany, is looking to overcome the deficit by sourcing gas from Nigeria, which boasts the largest reserves on the continent. Will African countries be […]

Macron in Kazakhstan in search of uranium and new friends in Russia’s backyard

By Rhod Mackenzie France is persistently searching worldwide to acquire uranium, which is the most valuable resource required for its current well-being. The French leader Emmanuel Macron is currently travelling to Central Asia to fulfill this motive. Although his plans are wide-ranging, they are also linked to thwarting Russia’s capabilities. Macron’s tour covers various countries […]