. Ivan Krastev. We Are All Living in Vladimir Putin’s World Now. The New York Times, February 27, 2022 –
. Kevin Rudd. A U.S.–China War Would Dwarf the Destruction in Ukraine. Both Sides Must Act Now to Avoid It. Time, April 4, 2022 –
. Alexander Clarkson. We Assumed Small States Were Pushovers. Ukraine Proved Us Wrong....
... possibility that President Xi’s successor might become the global decider if the UN is not empowered before China converts its economic power into military power and replaces the U.S. as number one. In that context, the U.S. might go along with the European proposal to empower the UN to keep the peace and achieve other worthwhile objectives. It is within the possibility that the U.S. might accept this or, at least, join China in making a constructive counter-proposal regarding a joint EU/Russian plan for UN empowerment, which is why we must seriously consider the points made in the article entitled “Liberum veto and the monkey and the pea.” In my mind, the bottom line—and a correct point—made in that article is that neither the ...
... some pain on both sides, but it’s slowly getting better.
What prospects do you see for our economic ties, maybe in the energy sphere as well, given the circumstances we are living in?
Sanctions vs. Cheap Oil: What is More Dreadful for Russia’s Fuel & Energy Complex?
For European Union countries, one main point is that they’re a net energy importer. The EU is the largest net energy importer in the world, bigger than Japan and China. Its production is scheduled to go down and its consumption is projected to rise. So it will need to fill that gap — that growing deficit — with energy from somewhere else. Now, of course, people are talking about diversification, about seeking ...
... intention to build a new gas pipeline from Russia (Nord Stream 2), which, in his opinion, would bring harm greatly the Central European countries. The Finnish President Sauli Niinisto urged calm and restraint, a call that the audience massively ignored, thus stirring the measured pace of the discussion.
Russia and China Falling Off the Radar?
Dmitry Medvedev rekindled interest in the Ukrainian crisis. Making a speech early on the second day ...
... economy towards Asia. Lack of capital is
the development of its pipelines in the region, and the anticipated period of low global commodities prices will make things even more difficult.
This is symptomatic of a wider problem facing Russia, namely that it cannot replace Europe with non-Western partnerships. China serves here as a perfect example, despite Russian claims that bilateral trade with China would hit $100bn in 2015, the figure actually
fell by 27.8% to $64.2bn
, largely due to the impact of sanctions and falling oil prices. Relatively modest trade ...
Response to Ivan Timofeev's "7 Trends for Russian Foreign Policy You Need to Know"
After October’s Valdai Discussion ... ... will search for the answers to the consequences of its rift with the West outside of Europe, but always with an eye to what troubles it most, sanctions, and the absence... ... restore its credibility in seeing the Minsk-2 ceasefire agreement implemented.
#5: The China factor
Russia's relationship with China will ironically mirror its previous interaction...
... expected, I suggest, that Russia then carefully and judiciously, as well as selectively hit back and the result is that now Europe’s farmers are suffering heavy losses, which will never, ever be replaced nor compensated adequately for, by the EU and US politicians, who have advocated such sanctions. Russia has other partners, waiting in the wings – notably from China and South America, ready and able to fill the trade gap, left by the EU’s sanctions. Russian dairy, meat, poultry,...
... problems related to Eurasian energy security and the search for new opportunities for energy cooperation between the countries of Europe, Central Asia and other rapidly growing economies, including Russia. The topics addressed included proposals from the roundtable participants on the possible principles for the operation ... ... government officials, representatives of international institutions and big business from the EU, Russia, Kyrgyzstan, Turkey, China, Saudi Arabia and Argentina. The event was attended by RIAC Programme Manager Liudmila Filippova.
Description of the event
... than other fossil fuels) was quickly appraised. In fact, gas consumption will grow faster than oil utilization in the coming decade at an average annual consumption growth of 2.2%, with much of this growth being driven by China. LUKoil sees that for Russia this is not good news as it is yet to complete any big gas deals with China, while its traditional European market is forecasted to persist in being difficult. Although European production will actually decline and imported gas will increase, the competition is expected to heat up a lot after 2015 as more potential suppliers enter the market (e.g. ...
... the Global & Russian Energy Outlook Up To 2040 - which I strongly recommend and I actually did a post on its predecessor the 2035 report. As the report outlines USA's global share is anticipated to fall from 19% to 14% by 2040, in contrast to China's rise from 14% to a huge 24%. It is worth noting that its not all gloom for Russia as this economy is anticipated to overtake all the European powers at 3% total of global GDP, but still be a bit part player overall. As this report draws on similar conclusions to many Western publications, one worries about the overall decline of European presence in world affairs. The re-awakening ...