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Oil News from Russia, Iraq and Brazil 10:20 04.12.2023

Oil News from Russia, Iraq and Brazil

Russia takes control of Iraq’s biggest oil discovery for 20 years Preliminary estimates suggested that Iraq’s Eridu oil field holds between 7-10 billion barrels of reserves. Senior Russian oil industry sources spoken to exclusively by OilPrice.com said the true figure may well be 50 percent more than the higher figure …
Washington has plans for Transcaucasia 10:35 03.12.2023 Alexander Ananyev

Washington has plans for Transcaucasia

The West has made new stakes in the big game in the South Caucasus, also known as Transcaucasia. This time it has staked on Armenia. On November 15, the US Senate passed a bill titled “Armenian Protection Act of 2023”[1]. The document envisages cessation of military assistance to Azerbaijan while …
Paradoxes of democracy: Ukrainian case… 10:33 03.12.2023

Paradoxes of democracy: Ukrainian case…

The Ukrainian authorities even before the 2014 coup were always very wary of any referendum initiatives or even polls addressing ‘uncomfortable’ issues of language, culture, economic or social policies. Had there been referendums on important issues in Ukraine before the upheavals and coup of late 2013/early 2014, the country would …
FT: EU ports help sell on over 20% of LNG imports from Russia 10:31 03.12.2023

FT: EU ports help sell on over 20% of LNG imports from Russia

More than a fifth of Russia’s liquefied natural gas reaching Europe is reshipped to other parts of the world, a practice that boosts Moscow’s revenues despite the EU’s efforts to curb them, writes ‘The Financial Times’ While contracts for so-called transshipment of Russian LNG have been banned in the UK …
China, Vietnam hold steering committee meeting on ties, cooperation 10:30 03.12.2023

China, Vietnam hold steering committee meeting on ties, cooperation

China and Vietnam held the 15th meeting of the Steering Committee for Bilateral Cooperation in the Vietnamese capital Hanoi on Friday, informs Xinhua News Agency. The meeting was co-chaired by Chinese Foreign Minister Wang Yi and Vietnamese Deputy Prime Minister Tran Luu Quang. Wang, also a member of the Political …
Gaza’s main Public library and dozens of hospitals destroyed in Israeli bombing 10:28 03.12.2023

Gaza’s main Public library and dozens of hospitals destroyed in Israeli bombing

Authorities in Gaza announced on Monday that the pause in fighting has revealed that Gaza City’s main public library was among the many civilian buildings destroyed during the war. Officials have decried the bombing of the building as a “deliberate attempt to destroy historical documents and books”. Photos of the …
Ursula, Sunak & Brexit 10:05 02.12.2023

Ursula, Sunak & Brexit

During her POLITICO interview, von der Leyen also touched on a former EU member country — the United Kingdom, whose departure following the 2016 Brexit referendum shook the bloc’s foundations. Asked if she thought the U.K. could ever rejoin the EU, von der Leyen said undoing Brexit was an issue …
View from China: The hype around the ideological confrontation is an attempt to shift the focus in the Russian-Ukrainian conflict 10:03 02.12.2023

View from China: The hype around the ideological confrontation is an attempt to shift the focus in the Russian-Ukrainian conflict

In recent days, several leaders of the United States and Europe have visited Ukraine frequently to take part in the celebration of the tenth anniversary of the Ukrainian Maidan. Some in the US and the West undoubtedly want to turn the geopolitical crisis into an ideological struggle between East and …
FP: Unintended consequences of freezing Russian assets 10:03 02.12.2023

FP: Unintended consequences of freezing Russian assets

Using Russian money for Ukraine reconstruction seems attractive but has major implications, writes ‘Foreign Policy’. Freezing, e.i. seizing, the Russian central bank’s reserves comes with economic, financial, and geopolitical implications that must be weighed to reach a balanced decision on this difficult debate. Must be taken into account: Definitions matter: …
A senior EU diplomat: This could become “one of the most difficult European Councils” 10:02 02.12.2023

A senior EU diplomat: This could become “one of the most difficult European Councils”

Hungarian Prime Minister Viktor Orbán regularly pushes the EU to the cliff edge, but diplomats are panicking that his hostility to Ukraine is now about to finally kick the bloc over the precipice, writes POLITICO. A brewing political crisis is set to boil over at a summit in mid-December when …
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