Eurasia Press & News

Italian energy group Eni (ENI.MI) said on Wednesday it had agreed to acquire BP’s (BP.L) business in Algeria, including two major gas fields. Eni said it would take BP’s stakes in the In Salah and In Amenas gas fields in southern Algeria, confirming what sources had told Reuters earlier this …

Albanian counter-terrorism police searched the empty Iranian embassy in Tirana on Thursday, hours after Iranian diplomats burned papers inside the premises following the severing of diplomatic ties over a cyberattack.

The infamous Ukrainian right-wing extremist Azov Battalion – Полк Азов – was founded on the 5th of May 2014, in the port city of Berdyansk, in the Zaporizhzhia Oblast province in South-eastern Ukraine near the Sea of Azov. Hence, its name. Initially was set up as a voluntary militia in …

“A few days ago, US officials announced that it was Iran, not America, that had given up core demands. They lie. Iran has not given up on anything essential. On the contrary, Iran has obtained the essential demands it wants.” — Sayed Zahra, deputy editor of Bahrain’s Akhbar Al-Khaleej, August …

The Law of Unintended Consequences has not been rescinded. Don’t be surprised if corporations find loopholes to circumvent new tax laws intended to get them to “pay their fair share.” Big reforms should be based on wide consensus. At the height of an economic crisis caused by the combined effects …

On 24 June, around 2 000 sub-Saharan African migrants, who had gathered the night before in north-eastern Morocco, set off at dawn to cross the border and reach the Spanish city of Melilla, about 4 km away. Many were reportedly armed with batons, rocks and knives. Moroccan riot police responded …

Oil prices rose more than 3 percent on Monday as the Organization of the Petroleum Exporting Countries and its allies agreed a small production cut to bolster prices. At a meeting at 1pm CEST on Monday Sept, 5, the group, which includes Russia and is known as OPEC+, agreed to …

Background Businesses are rightly more concerned now over the outbreak of hostilities in the Taiwan Strait and its impact on physical security, assets/investments, and business continuity. Given the Chinese response to US Speaker of the House Nancy Pelosi’s 2-3 Aug 2022 visit to Taiwan, the risk of significant business disruption …

High debt and rising interest rates put a premium on improved governance to anchor fiscal policy in EU member states. Given the central role of fiscal policy in addressing both recent crises and future challenges, the call to reform fiscal governance in Europe resonates like never before.

China is the world’s most populous country (1.4 billion people in 2020) and has a fast-growing economy. It was the largest energy consumer and producer in the world in 2020.1 We expect that China’s energy demand will continue to increase. China’s real GDP grew by 8.1% in 2021, which is …