SCO & BRICS latest news and insights
In April 2024, China imported a total of 14.737 billion cubic metres (in the form of liquefied natural gas and through pipelines). This represents a 6.5% increase compared to the previous year, according to a report from the General Administration of Customs of the People’s Republic of China. This r...
By Rhod Mackenzie
When the historians and economists in the future look back at the history of the EU and particularly the European Commission and the decisons they made in the years in the run up to 2022 particularly their all out move to cut the use of fossil fuels and focus on renewable energy...
By Rhod Mackenzie
India is facing its worst power shortage in 14 years in June. The shortage may begin due to a decline in hydroelectric power generation, as reported by Reuters. Another reason for the coming shortage is delays in launching new coal-fired power plants. The extent to which the situ...
By Rhod Mackenzie
The United States' upcoming elections are still some 5 months away, and even the most optimistic political scientists are reluctant to make any direct and unambiguous predictions regarding their results. Meanwhile, Washington is already one step away from unleashing a global war...
China accounts for 35% of global goods production, a figure that is even more impressive when considered alongside the country's 17% share of global GDP. This dominance is set to increase further as the Chinese industrial sector grapples with overcapacity. Finished products accumulate in Chinese war...
European steel mills are facing challenges in adopting clean steel production methods. The costs are high, and there are limited economic incentives to do so.
The challenge of completing the energy transition at a rapid pace (as exemplified by the European Union's Green Deal program, which require...
