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Russia and China will struggle for common policy on possible Russian soft underbelly Central Asia, Afghanistan, Mongolia, the vital Europe/Asia Caucasus crossroads, the Baltics, CEE and SEE.
Chinese President Xi Jinping just arrived in Moscow on a three-day state visit to Russian President Vladimir Putin that provides the Kremlin with a fig leaf of legitimacy for its military campaign in Ukraine and also promotes China to the top table.
Russian GDP contracted by 2.1% last year. For the current year, we expect an economic decline of similar magnitude.
Global wind turbine order intake hit new highs in 2022, with 44 GW procured in the fourth quarter and 134.6 GW for the year. Both of these order intakes were records, says a new analysis by Wood Mackenzie.
The West has been increasingly supplying Ukraine with more and more powerful weapons, but always in insufficient amounts and always with a delay that does not change the tide of the conflict to Kyiv’s advantage.
Turkey has abruptly stopped exporting goods to Russia and one of Russian President Vladimir Putin’s strongest advocates in Europe, Hungarian Prime Minister Viktor Orban, has said that he might “rethink” his relations with Russia in the future.
French President Emmanuel Macron is in Africa. US Secretary of State Antony Blinken has just been to Central Asia before visiting India, and Russian Foreign Minister Sergei Lavrov has just completed a tour of Africa, India and the Caucasus.
News reported last week about Uzbekistan preparing to accommodate Russian gas in its pipelines may not have been true, despite officials initially stating otherwise.
"In a context of deep regional instability, the situation of the "frozen conflicts" is vulnerable to Russia's military presence and the unpredictability of its geostrategic actions..." w
Deliveries had reportedly been expected to start March 1, but that deadline has come and gone.
An unexpected surge in public spending and private investment cushioned Russia’s economy from the widely expected sharp economic fall in 2022, government statistics show. However, the economy is now reeling from the oil product sanction shocks.
Beijing is leaning toward buying additional Central Asian gas, despite reliability concerns.
The Big Circle Line, a mammoth infrastructure project with a price tag of RUB501bn ($6.66bn), comprises 31 stations and extends a distance of 70km. The government has touted the line as a much-needed solution to the city's traffic woes.
The discounts Russia is being forced to offer on its oil exports after twin sanctions were imposed look big, but thanks to huge changes in the market the real price Russia gets for its oil is much higher.
Despite major efforts by the US, the EU and other countries to restrict Russia's fossil fuel revenues, the country is still earning more than half a billion dollars from oil and gas sales per day.
After the twin price cap sanctions were imposed on Russian oil exports, Ukraine’s supporters cheered as the price of the key Urals blend collapsed. The trouble is, Russian refineries in Europe make the price of Urals increasingly irrelevant.
How many ships are in Russia’s “ghost fleet” of tankers? No one has a clear idea: estimates run from 100 to 600 tankers depending on what you include in the fleet.
Production is falling as demand increases, forcing country to look to Russia for energy supplies.
One year on from Russia’s brutal invasion of Ukraine, and it’s pretty clear that Russia has already lost so much on so many fronts because of Putin’s idiotic choices.