06/03/2023 |
Opinion - Libya exposes Italy’s hurdles in Mediterranean energy
Federica Saini Fasanotti | Geopolitical Intelligence Services
Italy is tapping its deep and historic African ties to replace Russian energy sources. But Libya’s internal conflicts could threaten an $8 billion natural gas exploration agreement. Russia’s war in Ukraine has accelerated Italy’s shift to African energy producers. The strategy is paying off in Algeria, which now supplies 34 percent of Italy’s gas. Libya’s political rivalries will create challenges for a new gas exploration deal. ...
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04/03/2023 |
Oil and Gas - Oil companies hit with backlash after bringing in $200 billion in profits last year
Robert Ferris | CNBC.com
Oil companies pulled in record profits in 2022, as oil prices skyrocketed. Revenues for the biggest integrated European and American oil companies nearly doubled during 2021. Profits soared. ...
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03/03/2023 |
Opinion - Dedollarization and the Wane of Western Sanctions
Arman Sidhu | Geopoliticalmonitor.com
In their most recent purchase of Russian oil, major Indian refineries, including Bharat Petroleum and Reliance Industries, opted to settle the transaction using the United Arab Emirates dirham in lieu of the traditional settlement in US dollars. This event follows an earlier attempt between Russia and India last fall to utilize the dirham in energy deals, which fell through after a UAE bank declined to facilitate the transaction. The imposition of Western sanctions and price caps on Russian energy exports has significantly curtailed Russia’s market share in Europe, with the scope of the EU’s ban widening to incorporate additional Russian exports. With Russian crude trading at a steep discount, Moscow has few options beyond expanding market share among Asian and Middle Eastern buyers. ...
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01/03/2023 |
Europe, China - China’s Transnational Repression and Modern Slavery in Italy
Leonardo Delfanti and Hugh Bohane | The Diplomat
An eye-witness report by two investigative journalists on the ground in Prato, Italy. Santo Beijing is home to thousands of fast-fashion factories, where every day, thousands of undocumented migrants work 12 hours a day, seven days a week, in confined conditions for their overlords with the sole purpose of producing clothes that will eventually be thrown away. It is a money laundering, tax evasion haven within a 100 billion euro industry situated in the heart of Tuscany, Italy. This is the dark side of Prato’s Chinatown. ...
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23/02/2023 |
Europe - German energy boss warns: Don’t let guard down on gas supply
David McHugh | AP
BONN, Germany — The temperature outside Klaus Mueller’s office almost resembles spring, exactly the kind of mild weather that helped Germany get through the winter without Russian natural gas. ...
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01/02/2023 |
Opinión - América del Norte: recuperación intensiva en empleo
Clemente Ruiz Duran | El Financiero (MX)
En Estados Unidos, el empleo pasó de 156 millones en 2021 a 159 millones en 2022, reduciendo la tasa de desempleo de 3,9 a 3,5 por ciento. ...
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28/01/2023 |
South Asia : Saudi-Chinese Friendship: Should India be Concerned?
Shaumik Ghosh | Modern Diplomacy
Saudi Arabia hosted the grand China-Arab summit in December last year and leaders of the two nations deliberated on future trade ties and regional security. The summit happened at a time when USA and Saudi ties are at an all time low. There lies massive uncertainty on global energy markets after the West forced a price cap on Russian oil and Washington is looking guardedly at China’s rising influence in the Middle East. ...
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21/01/2023 |
México. ¿Un nuevo ALCA? AMLO insiste en retomar vieja ambición integracionista de EEUU
Ariel Noyola Rodríguez | Resumen Latinoamericano.
Aunque se autodefine como un admirador de José Martí y Simón Bolívar, quienes aspiraron a la unidad e integración de todo el Continente fundamentadas en el respeto de la soberanía, la cooperación Sur-Sur y valores como la solidaridad internacional, el Norte global es el único referente del presidente López Obrador. La política exterior de México respecto a China dio un viraje a partir de la firma del T-MEC, un pacto comercial negociado por el Gobierno de Peña Nieto y finalmente suscrito por el presidente López Obrador. ...
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17/01/2023 |
Opinion - The worry in Davos: Globalization is under siege
Ishaan Tharoor | Washington Post
DAVOS, Switzerland — A decade ago, political power brokers and corporate bigwigs gathered here in the Swiss Alps under an upbeat theme. It was a time for “resilient dynamism,” declared the organizers of the 2013 meeting of the World Economic Forum. After the travails of the global financial crisis, they explained, the world was now in a “post-crisis” stage. It was incumbent on the elites convened at Davos to usher in further reforms in the service of economic “sustainability” and “competitiveness,” perennial WEF watchwords that tap into the liberal dogma that long underlay its proceedings, where the desire to do good need not interfere with profit margins. ...
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16/01/2023 |
Davos - El Foro Económico Mundial se reúne entre temores de recesión
Deutsche Welle | Deutsche Welle
El año pasado, la invasión rusa de Ucrania dominó el discurso en Davos. Esta vez, son las consecuencias de la guerra las que ocupan un lugar central, con una crisis energética que hace presagiar una recesión. Los habituales de Davos vuelven este lunes (16.01.2023) a un entorno que ya les es familiar. Eso sí, los prados verdes del año pasado, cuando la cumbre del Foro Económico Mundial se celebró en mayo, están cubiertos de nieve. Si bien el tiempo ha cambiado desde la edición del año pasado, los temas a debate siguen siendo los mismos: se espera que la guerra en Ucrania y sus consecuencias dominen nuevamente la agenda. ...
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