With Western countries rolling out new sanctions against Russia midst the roll out of horrifying images of war crimes in the Ukrainian city of Bucha, it has become clear that their easiest sanction options have now been exhausted; there are… Read More ›
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Bulgaria may seek exception from sanctions for importing Russian crude and LNG
On Monday, in a statement Bulgaria’s Prime Minister Kiril Petkov said, while it supports economic sanctions on Russia it will seek an exception on banning Russian natural gas and oil imports. Bulgaria, a member of the European Union as well… Read More ›
U.S. working on executive order that expands ‘Buy America’ provisions: USTR
In a development pregnant with possibilities, U.S. Trade Representative Robert Lighthizer stated, the Wuhan Coronavirus pandemic shows that the United States is way too dependent on cheap foreign imports for key strategic medical supplies. The statement underscores the need for… Read More ›
Pharma industry could be nationalized to localize supply chain: German Economy Minister
On Friday German news magazine Der Spiegel reported German Economy Minister Peter Altmaier as saying, he wants to support pharmaceuticals companies that are dependent for key reagents on imports from Asia in order to rebuild their production sites in Europe…. Read More ›