SCO & BRICS latest news and insights
China accounts for 35% of global goods production, a figure that is even more impressive when considered alongside the country's 17% share of global GDP. This dominance is set to increase further as the Chinese industrial sector grapples with overcapacity. Finished products accumulate in Chinese war...
European steel mills are facing challenges in adopting clean steel production methods. The costs are high, and there are limited economic incentives to do so.
The challenge of completing the energy transition at a rapid pace (as exemplified by the European Union's Green Deal program, which require...
The confiscation of Russian assets frozen in the European Union would have a profoundly negative impact on the European financial system and would prompt the departure of a significant number of international investors, according to Valerie Urbain, the newly appointed head of Euroclear, one of the w...
The consequences of the breakdown in relations with the West have finally caught up with both Gazprom and the Russian budget, for which the gas monopoly is an important donor. Sabotage at Nord Stream also added fuel to the fire, which resulted in the failure of gas pipelines. At the end of 2023, Gaz...
Chinese President Xi Jinping will be visiting France, Hungary and Serbia from 5 to 10 May. The list of countries that the Chinese leader intends to visit is not accidental. Serbia is considered one of the most “pro-Russian” countries in Europe. Hungary often conflicts with Brussels on a wide range o...
By Rhod Mackenzie
There is a degree of tension in the European market, with one of the largest LNG terminals in the United States, in Freeport, Texas, unable to overcome a production bottleneck. Following a significant fire almost two years ago and extended downtime for repairs, American gas worke...
