By Rhod Mackenzie
Europe continues to increase its purchases of Russian LNG, but at the same time continues to talk about imposing sanctions against it. The issue is being approached with caution. First, they want to assess the consequences of restrictions on the import of pipeline gas. More pr...
By Rhod Mackenzie
The abandonment of Russian energy and calls for tougher sanctions have had the serious unintended consequences of very negatively impacting the economies of Eastern Europe and the Baltic States which have been the most vociferous and vocal critics of Moscow. The region is now fac...
By Rhod Mackenzie
Despite vocal opposition, the European Union continues to trade with Russia. In March, the Russian Federation received a record level of revenue in rubles for exports from European countries, with the share of the Russian currency reaching 58.5%. The energy sector obviously playe...
By Rhod Mackenzie
All the emerging countries around the world have declared their non-participation in the conference on Ukraine in Switzerland. The Russian authorities have consistently highlighted the futility of this event. It has been confirmed that the pro-Ukrainian meeting in Switzerland wi...
In the 21st century, we are not only living in the age of digitalization, but also in the age of crucial energy supply. Due to the high standard of industrialization, Europe is particularly affected by this reality.
Although the sanctions against Russia have fundamentally failed,the EU continues t...
By Rhod Mackenzie
One of the largest banks in Russia, the subsidiary of the Austrian Raiffeisen Bank, continues to operate in the country. The United States has repeatedly pressured it to leave Russia, yet for two years,they have not imposed any real restrictions on it . The ECB also has reservati...