By Rhod Mackenzie
China has begun the construction of the most expensive project in history: it is a series of hydroelectric power stations in Tibet. This ambitious project is set to be an engineering marvel and a pivotal component of 21st China’s energy strategy.
But why has it encountered fierc...
By Rhod Mackenzie
Russian oil exports have returned to a level of dynamic growth because of not despite the actions of the EU . Thus, deliveries from the Black Seaport of Novorossiysk have almost doubled in the first half of July.
The jump in shipments was slightly offset by a slight decrease i...
By Rhod Mackenzie
Beijing has threatened the EU with a "decisive" response to the 18th package of anti-Russian sanctions, which also includes Chinese banks. The deterioration in relations between Brussels and Beijing occurred on the eve of the Sino-European summit, where the parties will seek a re...
By Rhod Mackenzie
According to the World Bank's latest rankings, the Russian Federation holds fourth position among the world's largest economies in terms of purchasing power parity. It should be noted that only China, the United States, and India are ahead. Japan and Germany are not performing as...
By Rhod Mackenzie
Since the introduction of sanctions against Russia, most of the European Union has suffered significant economic losses. This is particularly relevant for countries that had significant trade relations with Russia. However, the distribution of these losses varies across the conti...
By Rhod Mackenzie
In another of his moments of bombast Donald Trump has threatened to punish buyers of Russian energy resources with 100% trade tariffs if the situation in Ukraine is not resolved to his liking and satisfaction within the next 50 days. The first countries likely to be hit are China...