Economics

Why is China improving ties with the Arab world?

For a long time, Western propagandists insisted that Chinese diplomacy was successful only in Central and Southeast Asia. As for the Middle East, Beijing allegedly had no experience in this region and no prospects for developing ties with the Arab world. However, the visit of Chinese leader Xi Jinping to the Middle East and his […]

“Silent Majority” of Car Industry is Concerned About Electric Vehicles

BY WILL JONES | THE DAILY SCEPTIC | DECEMBER 20, 2022 A “silent majority” of car companies is concerned that electric vehicles will not alone be able to end reliance on fossil fuels, according to a senior Toyota executive. The Telegraph has more. Akio Toyoda, the company’s president and grandson of its founder Kiichiro Toyoda, said that many […]

Russian carmaker to launch production at former Nissan plant

RT | December 21, 2022 Russia’s biggest automaker, Avtovaz, will start producing cars at a plant in St. Petersburg previously owned by the Japanese car manufacturer Nissan, the company’s CEO Maxim Sokolov told reporters on Wednesday. Sokolov noted that the cars will be produced under the Lada brand and that preparations for the launch of … … Continue reading →

Hungarian Parliament Speaker: West’s Push to Turn Ukraine Into Anti-Russian Bridgehead is a ‘Strategic Mistake’

Samizdat – 21.12.2022 Budapest has stood alone among NATO’s Eastern European flank in rejecting the transfer of weapons to Ukraine via its territory. Prime Minister Viktor Orban has essentially labeled the Ukrainian conflict a Russia-US proxy war, citing the need for peace talks between Russia and the US, rather than Moscow and Kiev, for the … … Continue reading →

Japan’s $320 billion militarization plan wastes precious resources amid rapid societal decline

By Drago Bosnic | December 20, 2022 In the aftermath of the Second World War, Japan went through a process of thorough demilitarization. The country’s militaristic ideology, the effects of which were disastrous for the entire Asia Pacific region during WWII, was also dismantled by American occupation forces. The changes were codified in the new […]

French energy crisis deepens – Bloomberg

RT | December 19, 2022 France faces a greater risk of running short on electricity this winter after the nation’s grid operator, Electricite de France (EDF), extended maintenance halts for several nuclear reactors, Bloomberg has reported. The utility announced on Monday that the restart of its Penly-2 unit has been delayed from January 29 until […]