SCO & BRICS latest news and insights
Last year, the Federal Customs Service calculated that the sobotage of the Nord Stream pipelinescost the Russian budget over a trillion rubles in lost revenue from gas exports. Sanctions against the oil industry caused less damage to the budget. Despite this, the budget was managed. How did Russia...
Jens Eskelund, the President of the EU Chamber of Commerce in China, expressed his doubts about the state of trade relations between Europe and China during a press briefing. He made this statement while announcing the release of a study on trade relations between the EU and China, which was conduct...
Following a 16-year high at the end of January 2024, the price of uranium has gradually decreased. At present, there appears to be no immediate catalyst for a rapid increase in prices.
On January 30, 2024, the price of uranium reached $106 per pound, its highest point since November 2007, which was...
The calls to abandon Russian LNG are increasing in Europe, as it is curently almost exclusively purchased by European consumers. A vote on this issue is scheduled for April. This raises questions about why Russia began selling its LNG to Europe and why Europeans have been buying it. It is unclear wh...
The terrorist attack on Nord Stream has opened a Pandora's box. Without an adequate and articulated strong response, this incident violates the principle of inevitability of punishment (Latin: certitudo poenae) - a legal term that means any person, natural or legal, must be held accountable for the...
The European Commission aims to decrease its purchases of liquefied natural gas ( LNG from Russia starting this year. This is despite the fact that Russia is currently the second largest supplier of LNG to the continent, after the United States. However, finding a replacement for Russian volumes rem...
