By Rhod Mackenzie Siemens Energy has taken on debt to protect its sustainable business. The energy division of Siemens Energy AG, which is the biggest unit of the German engineering corporation Siemens, has agreed a deal worth €15 billion with a group of banks, the German government, and its shareholder Siemens AG, to compensate for […]
By Rhod Mackenzie Russia and Iran are prepared for mutually beneficial cooperation with all countries, particularly our neighbours. Central Asia is experiencing rapid development. It is time for Europe to awaken to the current circumstances. These are the key themes of the XVI Verona Eurasian Economic Forum – a unique public platform facilitating communication between […]
By Rhod Mackenzie The Czech Republic is currently making arrangements to shift its oil refineries to the use of non-Russian oil sources. This is despite Russian oil via pipeline supplies being exempt from sanctions on it, as well as for Austria, Hungary and Slovakia, Prague appears to think that its oil supplies may halt unexpectedly […]
By Rhod Mackenzie Europe’s commitment to weaning itself off Russian fossil fuels appears to be in name only. Imports of Russian LNG into the European Union have now reached record levels. Spain and Belgium have doubled their purchases. According to the Centre for German Studies at the Russian Institute of Europe, LNG supplies from Russia […]
By Rhod Mackenzie Historically, investments into the Belt and Road Initiative (BRI) have been denominated in US dollars. Nevertheless, high interest rates as well as escalating geopolitical tensions have prompted the adoption of alternative approaches by an increasing number of investors, to avoid exposure to the US currency. According to analysts, the new forthcoming phases […]
On July 4, the 22nd summit of the Shanghai Cooperation Organization (SCO) since its founding in 2001 took place in New Delhi via video conference. Following is a list of the participating countries in the order that their heads of state signed the final “Declaration,” which was adopted at the start of the event: India, […]
Сообщение On some aspects of the latest SCO summit появились сначала на New Eastern Outlook.
The United States leadership is squirming to resolidify ties with parts of the world that either bombed, invaded, or marginalized in recent decades. The prime example of marginalization is India. However, without the current gigantic trade surpluses boosting Indian confidence in America, Prime Minister Narendra Modi will have to do much less tightrope-walking between Washington […]
As you are aware, current US-Iranian relations have been separated into two phases: collaboration from 1947 to February 1979, before Iran’s Islamic Revolution, and conflict from February 1979 to the present. Following the Islamic Revolution, the overthrow of Reza Shah Pahlavi’s rule and capturing the US Embassy officers in Tehran in 1980, the United States […]
The upcoming session of the Council of the SCO Leaders in July will include discussions on boosting the usage of national currencies in trade between member nations. This topic was previously addressed, and a plan was established during the organization’s summit in Samarkand in September 2022. The SCO is currently one of the most extensive […]
On the 8th of November, the Indian Foreign Minister Subrahmanyam Jaishankar visited Moscow, where alongside meeting various Russian officials such as Deputy Prime Minister and Industry and Trade Minister Denis Manturov, he held bilateral talks with Foreign Minister Sergey Lavrov. Here is a summary of the major points as from official press-releases of the Indian […]
