SCO & BRICS latest news and insights
By Rhod Mackenzie
According to data from the Association of Gas Infrastructure Operators of Europe (Gas Infrastructure Europe, GIE), gas reserves in European underground storage facilities (UGS) currently stand at a record 67.87% or 73.7 billion cubic meters as of mid-February.
Since the start of...
By Rhod Mackenzie
The European energy sector has been dominated by the energy crisis and the sharp rise in gas prices over the past two years. This was caused by European countries rejecting cheap pipeline gas from Russia and opting for expensive liquefied gas (LNG) from the United States. Gas pri...
By Rhod Mackenzie
The sabotage of the Nord Streams is the biggest threat to North Atlantic unity and the unity of the European Union. Recently,the German publications Suddeutsche Zeitung and Die Zeit reported that Sweden intends to halt the investigation into explosions on gas pipelines because i...
By Rhod Mackenzie
Germany's position as an industrial superpower may be at risk due to competition from the United States, declining interest in German goods in China, and an energy crisis caused by the lack of inexpensive Russian gas supplies. Bloomberg published this forecast on February 10th.
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By Rhod Mackenzie
In 2023, the Russian Federation became the leader in terms of trade turnover growth among China's partners. This was announced on February 11 by Ivan Zhelohovtsev, the director of the first Asian department of the Russian Foreign Ministry.
He noted in an interview with RIA Novo...
By Rhod Mackenzie
Economists warn of a significant risk of recession in the Old World due to problems in energy supply chains.
The quarterly study 'Review of Economic Experts', conducted by economists from the German economic institute Ifo and the Institute of Swiss Economic Policy (IWP), suppor...
