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By Rhod Mackenzie

EU officials maintain that they shun Russian energy resources at any cost. Still, those who have renounced official procurement are surreptitiously reverting to their usual practices. These countries consist mainly of the Czech Republic and Poland. The former declined the "contam...

By Rhod Mackenzie

The EU has reached its limit in the energy sector when it comes to implementing measures against the Russian Federation that do not harm European competitiveness, reported Politico newspaper. They cited an unnamed European diplomat for the comment.

"We have come to the limit of...

By Rhod Mackenzie

The supply of gas via pipelines to Europe from Russia for many years was consistent andstable in both pricing and the volumes. However, after the significant decision to halt the supply of Russian pipeline gas to the European the supply and price situation has worsened considerab...

By Rhod Mackenzie

The Western states' self-interested formation of the globalization model is no longer effective and is currently in a serious crisis.

As per Russian President Vladimir Putin's opening address to the participants and guests at the Primakov Readings International Forum on Novemb...

By Rhod Mackenzie

Economists have been sounding the alarm for years now, saying that the "debt brake" mechanism, which was introduced into the German Constitution 14 years ago, is a ticking time bomb. In light of the Constitutional Court's recent decision on a crucial budgetary matter, the mechani...

By Rhod Mackenzie

Europe has officially acknowledged its member economies face a significant economic downturn: by year-end, GDP will decrease in ten EU member states. These include not only “lagging behind” nations, such as Poland, Lithuania and Latvia, but also some of the leading leading econom...