Eurasia Press & News

Italy is considering moving to a state of alert to ration gas consumption and increase gas storage following Gazprom’s gas supply cut, Italian newspaper Corriere della Sera reported. According to the Italian emergency protocol, the state of “alert” – which is the second level on a scale of three – …

Austria will receive less gas for the fourth day in a row, the Russian energy company announced on Sunday, but demand is currently low and supply is secure. Austrian oil and gas company OMV said that purchases are currently being made on the spot market to secure supplies for customers …

French voters have denied President Emmanuel Macron a parliamentary majority following Sunday’s (19 June) second round of legislative elections, while the left and far-right have made significant advances. Macron’s party Renaissance, formerly known as La République en marche, will remain the largest parliamentary group but has lost more than a …

For more than half a century, US engagement across the Arab region, and the wider world, has been premised on “preventive diplomacy,” which entailed knowing more about foreign nations and their citizens than any other country on the planet. It meant that US embassies were right-sized, well-financed, adequately staffed and …

For decades the Baltic States and Poland have been the most vocal advocates of the threat posed by Russia’s aggressive foreign policy to the peace and stability of Eastern Europe and beyond. Following the Russian invasion of Ukraine there is a feeling that testing NATO’s resolve in the Baltic states …

The changing Transatlantic ties are at the core of the fundamental restructuring of the global order in the wake of the Russia–Ukraine war. The relations between the United States (US) and the European Union (EU) had reached their nadir during the Trump administration, with increasing protectionism and an inward-looking approach …

The world has been witnessing difficult situation for the refugees, living across the world due to ongoing global military conflicts. The ultimate targets, who suffered more in this situation, are refugees, be it Afghan or others. 20 June is an international day designated by the UN to honor refugees around …

The most dangerous words in monetary policy and economics are “this time is different.” Argentine politicians’ big mistake is to believe that inflation is multicausal and that everything is solved with increasing doses of interventionism. The consumer price index in Argentina experienced a year-on-year rise of 58 percent in April …

Bitcoin fell below the psychologically important threshold of $20,000 on Saturday for the first time since late 2020, in a fresh sign that the selloff in cryptocurrencies is deepening. The price of the most popular cryptocurrency had plunged as much as 9.7% to less than $18,600 by late afternoon on …

The Islamic State group claimed responsibility for an attack on a Sikh temple in Afghanistan’s capital of Kabul that killed at least one worshipper and wounded seven others. IS made the claim in a statement posted on its Amaq website late Saturday. It said the assault on “the Sikh and …