By Rhod Mackenzie
Despite sanctions, Russia became the sixth largest source of gold for Switzerland for the second year in a row in 2023. Switzerland was the main supplier of this precious metal to the European Union last year. This information is based on an analysis of data from the UN Comtrade...
By Rhod Mackenzie
Gas prices in Europe have fallen to pre-crisis levels despite it still being the winter. However, this news is overshadowed by the fact that gas consumption in Europe has dropped to its lowest level since 1995. It is unlikely that Europe will ever return to its pre-crisis peak de...
By Rhod Mackenzie
Russia has outwitted all the Western sanctions imposed on it - and China is taking a closer look, writes the UK's The Economist, with a characteristic subtitle - "How the rise of the middle powers is helping America's enemies".
The world has witnessed an unprecedented rise in f...
By Rhod Mackenzie
Iran has set up a number of companies in the United Arab Emirates (UAE) to circumvent sanctions and increase its exports to China, according to the head of the Iran-China Chamber of Commerce, Majid Reza Hariri.
"Some of Iran's exports to the UAE continue on to China. Iran has se...
By Aaryaman Nijhawan
“A large part of foreign policy today is communication,” Indian External Affairs Minister Subrahmanyam Jaishankar said as the 9th Raisina Dialogue, an annual conference on geopolitics hosted by New Delhi, came to a close on Saturday. From regional conflicts and disruptive econ...
By Rhod Mackenzie
On the second anniversary of the outbreak of the Russia-Ukraine conflict, it is both disheartening and worrying for the global economy to see the West once again ratcheting up sanctions against Russia and even extending them to third countries, rather than reflecting on and ackno...