By Rhod Mackenzie The implementation of a price ceiling on Russian oil has been seriously unsuccessful, a fact that has already been acknowledged in Europe. Nevertheless, Washington still refuses to accept this outcome and now, nearly a year later, has levied sanctions on two shipping companies. Additionally, they have declared their intention to ensure adherence […]
By Rhod Mackenzie The International Gas Union (IGU), the trade association representing the global gas industry, cautions about the possibility of diminishing gas supplies in upcoming decades without further investment. The repercussions of such a drop in supply are clear, particularly the price shocks that have affected the planet and particularly Europe for the past […]
By Rhod Mackenzie Hungary is doing all it can to maintain its economic relations with Russia. This stated by the Hungarian Prime Minister Viktor Orban. Hungary today is an island of pragmatism in Europe, which makes a rather unusual exception. Why are contacts with Moscow so important for this European country, and what unique relationship […]
The Franco-German compromise was put forward by the two countries on the occasion of the 40th anniversary of their bilateral friendship (Élysée) treaty in January 2003.
By Rhod Mackenzie Russia is concerned about the reports of damage to the gas pipeline between Finland and Estonia, especially given the terrorist attacks previously against the Nord Stream pipelines. The Finnish authorities have not ruled out the possibility of sabotage, while some in the West speculate this could be retaliation by Russia. The question […]
By Rhod Mackenzie For the first time, Brussels announced with pride that it was ahead of schedule for the filling of the underground gas storage facilities (UGS) for the upcoming winter in August. By the end of summer, the UGS had reached 90% of their total capacity, which was the mandated requirement set by the […]
The former head of Interpol, Björn Eriksson says his chief security concern now is the erasure of cash, as worries grow about the vulnerability of electronic payment systems to attack.
The post The Fight to Keep Cash appeared first on The Daily Sceptic.
By Rhod Mackenzie On 1st October, the Netherlands will finally close its primary gas field located near the northern city of Groningen. This gas field, was the largest source of hydrocarbons in continental Western Europe. It helped in the swift development of post-war Netherlands, but at the same time caused the infamous “Dutch disease” in […]
By Rhod Mackenzie Russia’s economic indicators currently leave no doubt: the restructuring of the Russian economy is now over. Russia is easily circumventing the sanctions and has begun to earn good money again from its oil exports. Not only Russian economists, but also Western analysts and the media are shocked at how Russia has managed […]
By Rhod Mackenzie The Serbian parliament has called for a public debate on the possibility of the republic’s entry into the BRICS alliance. At least three political parties are in favour of joining the structure, one of which is part of the ruling coalition, according to a an MP in the Parliament. In general, Belgrade […]
