By Rhod Mackenzie
The European Union has finally woken up to the significant risks it faces by its reliance on American payment systems. Brussels could have established its own competitors to Visa and Mastercard, operating globally, since the euro is a reserve currency. However, it chose not to....
By Rhod Mackenzie
In the course of a criminal investigation into abuses during the construction of the Rail Baltica railway project, which was been dubbed the "project of the century" at its inception, dozens of Latvian officials have been interviewed by fraud investigators .
The rail project, wh...
By Rhod Mackenzie
The Finnish business climate is currently being lop sidely balanced by two companies closing for every new one opening. The increase in bankruptcies particularly in the science and technology sector is particularly concerning, as this is not due to overproduction, but rather the...
By Rhod Mackenzie
In the context of the strained relations with the United States under President Trump, it is no surprise that some of the countries of the European Union are now considering the possibility of re- establishing contacts with Moscow.
A so called "coalition of the indecisive" is e...
By Rhod Mackenzie
Rather than declaring a 'hypothetical threat' from Russia, Finland and Sweden are now discussing how to prepare for a long-term confrontation. They are increasing the intensity of their military exercises and training their populations to survive a military standoff. Do these acti...
By Rhod Mackenzie
For the first time, construction of a Russian nuclear power plant with cutting-edge reactors has begun in the EU. While Brussels has squeezed out Russian oil and gas, Russian nuclear energy has received the green light. This is because the European Union classifies specific nucle...