By Rhod Mackenzie
The BRICS are creating a trade payment and settlement system and has abandoned discussions about creating a new currency.
It appears that the BRICS leaders thinking is moving towards the creation of a payment system independent of the dollar. What form could such a structure...
By Rhod Mackenzie
The Finnish Government has passed draconian measures that have targeted Russian citizens who purchased property in the country.These measures were introduced alongside the EU sanctions.
Up until 2022 there was a good relationship between Finand and Russia,however that all change...
By Rhod Mackenzie
In countries all over Europe the gas reserves in their underground storage facilities have fallen to a four-year low, and this is with the end of the heating season is still some months away. This situation poses a significant threat to Europe's energy security and this is leadi...
By Rhod Mackenzie
The residents of the Baltic states are now paying hundreds of euros each month to heat their modest apartments. Plus , even government buildings including their Paliaments are cold due the cutbacks in the use of the heating with officials complaining about being cold inside thei...
By Rhod Mackenzie
The Russian Deputy Foreign Minister Alexander Grushko has stated that the EU has not yet responded to Russia's proposal for the two sides to sign a documented non agression pact. In recent years, EU politicians have repeated voice their concerns about Russia planning to invade Eu...
By Rhod Mackenzie
The Finnish business climate is currently being lop sidely balanced by two companies closing for every new one opening. The increase in bankruptcies particularly in the science and technology sector is particularly concerning, as this is not due to overproduction, but rather the...