Recent Posts

German businesses slam sanction plans as trade with Russia booms

After Germany’s trade volume with Russia rose by more than a third in 2021, businesses have called on the government to maintain good economic relations with President Vladimir Putin. Easing tensions with Russia would be key to continuing the upward trend in Germany’s Eastern trade, the German Committee on Eastern …

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China’s Military Advances Have Come With Some Political Downsides

Under the leadership of President Xi Jingping, China has been pouring resources into its military arsenal in pursuit of a technologically advanced, integrated force. Its accomplishments to date have weakened U.S. military deterrence in the region, leading some smaller states to question Washington’s ability and willingness to intervene in the …

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Russian Energy Giant LUKOIL Makes Millions In Bulgaria But Pays Almost No Tax – Analysis

“The champion of our petrochemical industry.” So boasted Todor Zhivkov, then-communist leader of Bulgaria, when the country’s first oil refinery at Burgas on the Black Sea coast launched operations in 1963. Nearly six decades later, Bulgaria’s planned economy may be long gone, but the so-called champion continues refining oil into …

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