... the capitalist system, its agents, or other factors?
The continuous eurozone turmoil provides a microcosm for the wider global economy. It has variously been described... ... interest rates across the whole eurozone, fuelled credit and real estate bubbles in the USA and Europe, which burst in 2008-9 amid the global ‘credit crunch’.
... ... likely to stop looking West and instead go East – as soaring trade levels with China already foreshadow.
However, Russia remains a European power – part of...
... First RIAC Monthly Digest. My aim here is to recap, analyse, and offer links to top: Oil&Gas News, Pictures & Videos, from experts and institutions I follow. Also, please... ... Russia's Chinese neighbour could be a threat, while also calling for the final end of USA's hegemony (See: SCMP). Albeit, it is hard to see China not taking the lead regionally and globally in the future as it clearly dominates... ... (See: Reuters). However, on the brightside Gazprom agreed with China in regards to long-term contracts, thus allowing it to develop the riskier fields as export was more...
... energy sector will experience price turbulence. In regards to oil, official forecasts estimate that global output will stabilize ... ... from this being a double-standard as it tends to avoid Russian long-term contracts by saying short-term hub trading without a ... ... Project needs particular attention; for instance in respect to gas, China opposes paying over $290 per 1000 cubic meters, which is ... ... last decade. The decision must be well calculated, yet quick, as USA has almost achieved independence from energy imports due to ...
