According to data revealed recently, Russians have hurried to stock up on antidepressants, sleeping pills, and contraceptives, among other things, since the conflict in Ukraine began, with many purchasing a month’s worth of medicine in just two weeks. Although official… Read More ›
Geopolitics
Russia Turns East For Replacements As Western Retail Brands Quit The Country
An industry association warned on Friday that Russia is looking to China, India, Iran, and Turkey to fill the void left by the exit of western retail corporations, as Moscow struggles to find methods to counteract its growing isolation in… Read More ›
EU Agrees Signs Gas Deal With US To Reduce Dependence On Russia
The United States and the European Union have struck a big agreement on liquefied natural gas in an effort to reduce Europe’s reliance on Russian energy. The agreement calls for the US to supply the EU with additional gas by… Read More ›
US clinches LNG supply deal with Europe
In a significant development, the European Union and the United States have signed a deal, which sees Washington supplying liquefied natural gas (LNG) to Europe. Russia’s invasion of Ukraine has pushed already high LNG prices to record high and has… Read More ›
Importers of Russian LNG studying details of Russian LNG supply demand
A day after Russia ordered LNG purchasers from unfriendly countries to pay for Russian LNG deliveries in Rubles, German utilities opined that Germany needed an early warning system to tackle any potential gas shortages raising the risk of a supply… Read More ›
China’s move to establish military base in Solomon Islands concerning: Australia’s defense minister
On Friday, Australia’s defence minister said, China’s move to establish a military base in Solomon Islands would be of concern since it is a neighbouring island. The development comes in the wake of a draft security document between Beijing and… Read More ›
Asian Gas Purchasers Are Perplexed By Putin’s Demand For Payment In Rouble
On Thursday, Asian importers of Russian gas scrambled as Russian President Vladimir Putin declared “unfriendly” countries must pay in roubles for Russian gas, the latest jolt to global energy markets following Moscow’s invasion of Ukraine. On the list of unfriendly… Read More ›
India Has Put On Hold A Plan To Allow Domestic Companies To List On Foreign Exchanges: Sources
According to government officials and industry insiders, India has halted plans to allow local companies to list on foreign exchanges as it attempts to strengthen its own capital markets, dealing a blow to foreign funds and stock exchanges hoping to… Read More ›
Russian Markets Set To Reopen; Russia Bans Foreigners From Selling Off Stocks
After a nearly month-long hiatus, Russia expects to resume stock trading on Thursday, with 33 rouble securities to be traded on the Moscow Exchange. Non-residents, on the other hand, will have to wait until April 1 to sell equities and… Read More ›
USTR reinstates tariffs on 352 Chinese products
The Biden Administration has reinstated 352 from U.S. “Section 301” tariffs on Chinese imports, effective retroactively from October 12, 2021 and extended through Dec. 31, 2022, said the USTR. The move covers a wide range of Chinese products worth around… Read More ›