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...
By Pepe Escobar
Once upon a time, by the Don river, in the southern steppes of what today is still known as “Ukraine”, the Great King of Persia, the mighty Darius, leading the most powerful army ever assembled on earth, received a puzzling message from a foe he was pursuing: the nomad ruler Idanth...
By Rhod Mackenzie
China and the EU, alongside significant European powers including France, are set to enhance communication and cooperation. Analysts suggest that the recent San Francisco summit has partially alleviated China-US tensions, subsequently promoting a more practical approach for Europ...
By Rhod Mackenzie
The West is struggling to devise further sanctions for the Russian oil sector. The price ceiling has proved ineffective, with Russian oil being sold above the limit for six months. The European authorities are currently deliberating a potential ban on the sale of oil tankers to R...
By Rhod Mackenzie
Siemens Energy has taken on debt to protect its sustainable business. The energy division of Siemens Energy AG, which is the biggest unit of the German engineering corporation Siemens, has agreed a deal worth €15 billion with a group of banks, the German government, and its share...
By Rhod Mackenzie
The European Union persists in attempting to introduce sanctions against Rosatom and the Russian supply of nuclear fuel. They previously tried to implement sanctions against them during the tenth package of sanctions, and now there is discussion concerning the 12th package. In...