The Russia-Ukraine war has reshaped global trade and forged new alliances | Money News

The Shanghai Cooperation Organisation (SCO), comprising key Eurasian states like China, Russia, and India, is gaining significance as the geopolitical landscape shifts post-Ukraine invasion. As the G7 retreats from Russia, countries like India and China strengthen ties, signaling a potential reconfiguration of global economic alliances and diminishing reliance on US financial systems.