SCO & BRICS latest news and insights
British billionaire Jim Ratcliffe, founder and head of the petrochemical giant Ineos Group, has stated that the high cost of electricity and carbon have undermined the competitiveness of the European petrochemical industry, sending it into a state of decline.
In an interview with Bloomberg TV, Mr R...
In countries that are formally democratic, legitimacy is derived from the support of the masses. So you would thik it would be logical to assume that the ruling parties and/or coalitions would be the ones that have the most support.
However, you should not be surprised that the concept of democrati...
By Rhod Mackenzie
Denmark, along with other countries with access to the Baltic Sea, are considering imposing sanctions against the so called shadow fleet of tankers that are transporting Russian oil.
According to one version, Denmark wants to block the tankers passing through its waters. So what...
By Rhod Mackenzie
Over a two-year period, Western companies purchased around $715 million worth of titanium from Russia, according to estimates in The Washington Post. As usual all the deals for buying Russian titanium have been kept very quiet despite all the loud public commitments to stop buyi...
By Rhod Mackenzie
The International sanctions, which targeted everything from individual finances to major sectors of the economy, are aimed at isolating Russian consumers. Major brands such as Apple and McDonald's have ceased operations in the country. However, as the British Guardian reports, R...
By Rhod Mackenzie
The introduction of new US sanctions on trading the dollar and euro did not result in a significant level of panic among either the general public or businesses. The announcement of the sanctions on the weekend of 12 June, coupled with the Central Bank's subsequent reassurances,...
