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Europe’s scramble for gas hurting poorer nations – media

European countries are actively buying up liquefied natural gas (LNG) as an alternative to Russian pipeline supplies, depriving poorer countries that cannot compete for the fuel due to high prices, The Wall Street Journal reported on Friday. According to the publication, the price of LNG has skyrocketed 1,900% from its …

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‘Vicious’ sanctions are hurting Russia, but Moscow has plan to ditch US dollar & axe dependency on West, Foreign Ministry tells RT

In April, US President Joe Biden unveiled a new package of sanctions against Russian businesses and officials, while, at the same time, effectively banning American financial institutions from buying shares in Russian sovereign debt. Officials in Washington described the restrictions as a “proportional” response to alleged meddling by Moscow in …

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