The supply of liquefied natural gas to the world’s third largest economy is in jeopardy. While Japan is participating in Western sanctions against Russia following its military intervention in Ukraine, Moscow has made it clear to Tokyo that its participation in the Sakhalin II...
In the midst of an energy crisis, the gas issue has become one of the main topics of tension between Russia and Europe. On July 11, the Nord Stream 1 pipeline commenced a ten-day maintenance program, completely interrupting gas deliveries to Europe. Many commentators already see this...
Responding to Russia’s military intervention in Ukraine, the West introduced major sanctions against Moscow. The objective was to inflict maximum pain on the Russian economy to encourage a change in Moscow’s policy. Now, with the conflict more than four months old, it is...
Foreign Debt. According to the White House, Russia defaulted earlier this week on its international obligations. Some bondholders reported that they had not received interest and that the grace period of 30 days had expired. Moscow rejected these claims and accused the...
Last week, Vladimir Putin gave an “extremely important” speech, according to the Kremlin, at the St. Petersburg International Economic Forum (SPIEF). It was the Russian President’s first major appearance before an international audience since the launch of the...
Semiconductors. On May 30, the Russian government decided to limit its exports of noble gases such as neon. Noble or inert gases, such as neon, argon or xenon, are essential to the semiconductor manufacturing process. Semiconductors compose the significant part of...
Recent globalisation has been marked by innovation and falling international trade costs. Both factors have led to an explosion in global production, consumption and trade. With Covid, and now the war in Ukraine, globalisation has never seemed so threatened. The disruption of...
