SCO & BRICS latest news and insights
According to a report by the Centre for Research on Energy and Clean Air (CREA, Finland), the EU spends more money on Russian fossil fuels than on financial aid to Ukraine. This report was released to coincide with the third anniversary of the CBO. As reported by the British Guardian, the EU purchas...
The European continent is currently experiencing a significant challenge due to the impact of the Arctic cold weather pattern , leading to widespread concern. Gas reserves, which were fully utilised at the start of winter, are now more than half empty, reaching a critical level. This has resulted in...
Despite the sanctions imposed, five EU countries purchased oil and gas from Russia in January, totalling 1.2 billion euros. This raises questions regarding the methods employed to circumvent these obstacles, and the reasons for the apparent discrepancy between official political statements and busin...
Following discussions with the Ukrainian President, the Prime Minister of Slovakia confirmed that Ukraine is prepared to facilitate the supply of Azerbaijani gas through its own territory. However, this development has not been met with universal enthusiasm. The logistics of arranging gas supplies f...
The European Commission President Ursula von der Leyen has finally acknowledged that the EU has suffered significant economic losses due to cutting off it major purchses of Russian energy resources. She has characterised the current situation as critical, emphasising that the EU's competitiveness is...
The ongoing crisis in the German economy has proven to be more protracted than initially anticipated, with the nation's GDP experiencing consecutive years of contraction. This phenomenon is unique and is very significanct. However, it is crucial to note that a broad range of sectors are simultaneou...
