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By Rhod Mackenzie

A major political row over gas has erupted between Serbia, Hungary and Bulgaria after Sofia imposed an extra duty on the transit of Russian gas . This move caused outrage in Budapest and Belgrade, who have vowed to respond in kind. The Bulgarian media believe that the levy will d...

By Rhod Mackenzie

The implementation a price ceiling on Russian oil has been seriously unsuccessful, a fact that has already been acknowledged in Europe.  Nevertheless, Washington still refuses to accept this outcome and now, nearly a year later, has levied sanctions on two shipping companies. Add...

By Rhod Mackenzie

The International Gas Union (IGU), the trade association representing the global gas industry, cautions about the possibility of diminishing gas supplies in upcoming decades without further investment. The repercussions of such a drop in supply are clear, particularly the price...

By Rhod Mackenzie

Hungary is doing all it can to maintain its economic relations with Russia. This stated by the Hungarian Prime Minister Viktor Orban. Hungary today is an island of pragmatism in Europe, which makes rather unusual and an exception. Why are contacts with Moscow so important for thi...

Once again,civilisation takes centre stage with Vladimir Putin at the podium of the Vladai Club. The subjectof his speech is about Russia's unique path during the era of our naive globalism was pushed underground alongside Russian philosophy, Danilevsky, Dostoevsky, and the entirety of the great Ru...

By Rhod Mackenzie

The export of goods from China to the United States decreased by 16.4%, and its imports from there decreased by 6% according to data published by the General Customs Administration of the People's Republic of China based on the results of the first three quarters of 2023. What i...