By Rhod Mackenzie
Yesterday, September futures for North Sea Brent added 1.6% to $85.58 per barrel. West Texas WTI jumped 1.9% to $81.69. For both types of oil, these are the maximum level reached since April 17 (they reached them then after the unexpected decision of the OPEC + countries to reduc...
By Rhod Mackenzie
Europe's largest economy is trying to get off the ground, but it succeeds with great difficulty due to numerous problems, some of which the Germans have created for themselves. Last week, the German statistics department Destatis published economic data for the second quarter, ac...
By Dmitry Trenin
Last week’s Russia-Africa summit in St. Petersburg was a landmark event in Moscow’s foreign policy concept and practice. Not so much because it brought scores of African leaders and senior officials to the country. The first summit, four years ago in Sochi, featured even more Afri...
By Sergey Manukov
The energy crisis in Europe and the spiral of rising electricity prices that it unleashed hit hardest of all, as you might guess, the most energy-intensive industries. Added to the energy crisis is rising prices associated with the "green" transition - the replacement of fossil f...
By Rhod Mackenzie
The European Union, as part of the preparation of new sanctions against Moscow , will focus on attempting to create a legal framework for the confiscation of the frozen assets of the Central Bank of Russia. This was reported in the European Parliament, while recognizing that such...
By Rhod Mackenzie
Russia is beginning to reap the first fruits of one the most important political decision of recent times - the refusal to continue participating in the so-called grain deal. Vladimir Putin spoke about how this is happening, in particular, within the framework of the Russian-Afri...