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By Rhod Mackenzie

Europe is again volatile and unstable  and this for the first time since the end of WW2 plus is attempting to be beligerent and  an obstacle to bringing about peace in the Ukraine. Also the US is ignoring it and attempting to bring about peace in the Ukraine  without its involvem...

By Rhod Mackenzie

The US is increasing its pressure on Turkey to end its purchases of Russian oil and gas, the Russian Embassy in Ankara reported in an oficial statement.
It said Washington continues to coerce its so called allies to reduce or even to cease their mutually beneificial energy coop...

By Rhod Mackenzie

The festive season of Christmas and New Year's holiday celebrations has commenced in the European Union. While it is often referred to as 'diplomacy', the actions of the parties involved  may be perceived as those of a farcical nature. While it may appear somewhat pretentious, th...

By Rhod Mackenzie

While Europe and the US are grappling with how to deal with their debts, Russia has turned Western pressure to its advantage and found an elegant solution to the financial crisis. However, this solution won't suit everyone.

Russia's debt at record low level
Russia's debt at re...

By Rhod Mackenzie

Major European oil refineries are at risk of shutting down due to Washington's sanctions against Russia's Lukoil. A major gas station chain has closed in Finland, and Bulgaria and Romania are scrambling to take action. Risks have also emerged for the global energy market. what er...

By Rhod Mackenzie

The tariffs imposed by US President Donald Trump have hurt the economies   fellow G7 members and not those of the BRICS. The economic growth of Germany,Japan and the UK have been hard hit but the tarrifs have not impacted those of the leading BRICS members China and India.

Japa...