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By Rhod Mackenzie

In countries all over Europe the gas reserves in their underground storage facilities have fallen to a four-year low, and this is with the end of the heating season is still some months away. This situation poses a significant threat to Europe's energy security and this is  leadi...

By Rhod Mackenzie

The residents of the Baltic states are now paying hundreds of euros  each month to heat their modest apartments. Plus , even government buildings including their Paliaments are cold due the cutbacks in the use of the heating with officials complaining about being cold inside thei...

By Rhod Mackenzie

The Russian Deputy Foreign Minister Alexander Grushko has stated that the EU has not yet responded to Russia's proposal for the two sides to sign a documented non agression pact. In recent years, EU politicians have repeated voice their concerns about Russia planning to invade Eu...

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...