The events in Donbass testify to the fact that the main goal of the United States and the new Ukrainian administration is finding ways to influence Russia instead of tackling the problems related to the…
Tag: gas
A group of Japanese lawmakers are interested in pursuing a $5.9 billion natural gas pipeline project with Russia. Following Russia’s historic $400 billion natural gas supply deal with China last week, Japanese lawmakers are looking…
On 17 May, William Broad’s piece, “In Taking Crimea, Putin Gains a Sea of Fuel Reserves”, appeared in the New York Times. Broad explained how the annexation of Crimea by Russia changed the legal claims…
Russia and China signed a major natural gas deal in 11th-hour negotiations Wednesday. The Russia-China natural gas deal helps to realign the focus of global energy geopolitics for decades to come. Russia…
Finance in today’s world has become war by non-military means. Its object is the same as that of military conquest: appropriation of land and basic infrastructure, and the rents that can be extracted as tribute. In today’s world this is taken mainly in the form of debt service and privatization. That is how neoliberalism works, subduing economies by indebting their governments and using unpayably high debts as a lever to pry away the public domain at distress prices. It is what today’s New Cold War is all about. Backed by the IMF and European Central Bank (ECB) as knee-breakers in what has become in effect a financial extension of NATO, the aim is for U.S. and allied investors to appropriate the plums that kleptocrats have taken from the public domain of Russia, Ukraine and other post-Soviet economies in these countries, as well as whatever assets remain.
To read the headlines, it seems that the USA has emerged out of the blue to the point of becoming the world’s oil and gas production giant. All thanks to the Shale Revolution. Recently President…
Kiev: Son of US Vice President joins Board of Directors of Burisma Holdings Ukraine. Hunter Biden is now on Board of directors of Burisma Holdings, Ukraine’s largest private gas producer. Hunter Biden will head legal unit…
“Washington wants to weaken Moscow economically by slashing its gas revenues and, thus, eroding its ability to defend itself or its interests. The US does not want an economically-integrated Europe and Asia. The de facto EU-Russian alliance is a direct threat to US global hegemony.” US provocations in Ukraine cannot be understood apart from Washington’s “Pivot to Asia”, which is the broader strategic plan to shift attention from the Middle East to Asia. The so called “re-balancing” is actually a blueprint for controlling China’s growth in a way that is compatible with US hegemonic ambitions. There are different schools of thought about how this can be achieved, but loosely speaking they fall into two categories, “dragon slayers” and “panda huggers”.
European Commission officials in Brussels have distributed sealed reports to EU states’ ambassadors describing the potential impact of EU-Russia sanctions on their countries if the plans go ahead. New US sanctions punishing Russia…
As Egypt inches towards the first anniversary of the July 3 coup, the economy continues to flounder. The military-backed reverting to Mubarak-era policies has been buttressed only by lavish handouts from the Gulf Security Council…