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HomeGeopolitical

Geopolitical

BRICS
BRICS

Russia announces 30 new member countries for BRICS

January 10, 2024 Mariel Alumit

The geopolitical landscape is witnessing a seismic shift as Russia declares that 30 additional countries are poised to join the BRICS alliance, potentially expanding its membership to a formidable 40 nations. This move, championed by Russia’s President […]

Energy Crisis

EU dips further into emergency gas reserves

January 10, 2024 Stu Turley

Supplies of natural gas in the EU’s underground storage facilities continue to shrink as cold weather is forcing more fuel to be used for heating, Interfax reported on Tuesday. Gas inventories in the EU, one […]

BRICS

BRICS to create new global trade balance – Nigerian NGO CEO

January 10, 2024 Stu Turley

Membership in the group will “help reduce the Western dominance generally,” Muda Yusuf told RT The prominent Nigerian economist claimed that BRICS memberships are a “win-win situation.” On Tuesday, speaking during an exclusive interview to […]

Finance

World Bank issues new Russian GDP forecasts

January 10, 2024 Stu Turley

The country’s economy is projected to grow 1.3% this year, according to the latest report The Russian economy outperformed expectations in 2023, according to the latest report by the World Bank, which estimates the country […]

U.S.
Crude Oil News

U.S. Defense Official Visits Guyana Over Threat To Oil-Rich Essequibo

January 9, 2024 Mariel Alumit

As tensions with Venezuela continue to simmer over President Nicolas Maduro’s attempt to annex oil-rich Essequibo from Guyana, the U.S. is sending a top defense official to Guyana to discuss the situation. U.S. Deputy Assistant […]

China
Crude Oil News

China Replaces Western Energy Firms in Iraq’s Supergiant Oil Field

January 9, 2024 Mariel Alumit

West Qurna 1, holding over 20 billion barrels of reserves, is a key asset in Iraq’s oil industry, with PetroChina now leading its development. ExxonMobil’s withdrawal from the Common Seawater Supply Project and other Iraqi […]

Finance

Taiwan war would cut global GDP by 10% – Bloomberg

January 9, 2024 Stu Turley

A US-China clash over the self-ruled island would cost the world some $10trn, the business news outlet estimates If the US and China were to have a military showdown over the island of Taiwan, the […]

Commodities

China could trigger global trade war – Bloomberg

January 9, 2024 Stu Turley

Beijing has been actively investing in manufacturing to support the economy in light of the real-estate crisis China’s decision to focus its economic efforts on manufacturing could provoke a new trade war with other global […]

Climate Crisis

Energy Transition #93 -Filmed Live On YouTube on January 8, 2024

January 8, 2024 Erick Parel

ENERGY TRANSITION EPISODE #93 – GREEN SUBSIDIES Highlights of the podcast: 01:25 – The Financial Times 02:21 – The science was settled on climate change 04:05 – The price is a decline in industrial output […]

BRICS
BRICS

BRICS Expands Footprint In The Global South

January 8, 2024 Mariel Alumit

Iran, Saudi Arabia, Egypt, Ethiopia and the United Arab Emirates formally joined the BRICS group of major emerging economies on January 1, 2024, expanding the bloc’s footprint in the Global South and growing its economic […]

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