Eurasia

Energy company touts oil-for-food scheme as Syrian aid route tightens

With Syria’s sole remaining route for cross-border aid in peril, a London-based oil company is lobbying for an initiative that would see the proceeds of Syrian oil being used for aid, with the money going to the UN rather than Damascus. Russia vetoed a UN security resolution on Friday that …

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Wanting the Iran Nuclear Deal for the Wrong Reasons

The EU partly wants the deal so it can buy oil and gas from the Iranian regime. The EU also appears to want the nuclear deal in order not to lose its other economic relationships and trade with the ruling mullahs of Iran. Despite US sanctions, European countries are still …

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Не дадим Европе ни вагона

Наталья Скорлыгина об остановке сухопутного транзита в ЕС С 10 июля Литва ввела дальнейшие ограничения транзита грузов через свою территорию в Калининград. Теперь в эксклав не смогут попадать российский цемент и алкоголь. И если раньше в качестве ответных мер калининградские власти предлагали лишь ограничить транзит российских грузов через территорию Прибалтики, …

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Saudi dissident killed in Lebanon; his brothers detained

A Saudi opposition party said Sunday that one of its founding members was killed in the Lebanese capital, Beirut. The National Assembly Party, whose members live in exile, said that founding member Manea Al-Yami was slain in “complicated circumstances.” “Upon the news of the assassination, the party has been trying …

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US Pledges Not to Start a Cold War Against China at G20 Meeting

Chinese Foreign Minister Wang Yi and U.S. Secretary of State Antony Blinken held “substantive and constructive” talks on Beijing-Washington relations and major international and regional issues of common interest, on the sidelines of the G20 Foreign Ministers’ Meeting in Bali, Indonesia.

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Russia Denounces US Intention to Extend Conflict in Ukraine

The statement called untenable the White House’s claims that the weapons supplied to Kiev are used for defensive purposes, and denounced that they are used to destroying cities in the Donbass region and constantly attack residential areas in the Donetsk and Lugansk People’s Republics.

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Boris Johnson resignation: how the prime minister’s tumultuous week played out

After weathering numerous storms that would have sunk others, Boris Johnson’s time as prime minister comes to an ignoble end, mired in scandal and having lost the support of nearly all his MPs. The resignation didn’t come out of nowhere – Johnson was already losing support from his party, narrowly …

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Five ways that the super-strong US dollar could hurt the world economy

The US dollar has been on a major surge against major global currencies in the past year, recently hitting levels not seen in 20 years. It has gained 15% against the British pound, 16% against the euro and 23% against the Japanese yen. The dollar is the world’s reserve currency, …

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UK political resignations: the current uncertainty could affect the economy for nearly two years

The recent dramatic events that led to the resignation of UK prime minister, Boris Johnson, on July 7 2022 raise the issue of how politics – and economic policy uncertainty more specifically – affects the UK economy. The answer, of course, is that it does, and sometimes for as much …

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