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Brussels introduces new export authorization mechanism to slow Covid-19 vaccine shipments leaving EU, despite British protests

Speaking on Wednesday, European Commission Executive Vice-President Valdis Dombrovskis said the EU and its member states would now evaluate, on a case-by-case basis, whether vaccine shipments will be allowed to leave the 27-nation bloc, but under new criteria.  The criteria, which had previously been touted by EC President Ursula von …

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With new Washington sanctions banning export of ‘defense articles’ to Russia, Moscow reveals it hasn’t received US arms since WWII

On Tuesday, US Secretary of State Antony Blinken unveiled new sanctions against Moscow after the alleged poisoning and “attempted assassination of Russian opposition figure Aleksey Navalny.” “The US government has exercised its authorities to send a clear signal that Russia’s use of chemical weapons and abuse of human rights have …

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Export of the Russian gas should be much cheaper

Assumed that cheap gas is our traditional competitive advantage. The current situation on the world gas markets puts this thesis into question. Gas prices in Russia for the industry comparable to the US prices. And the return of Russian supplies to Europe is lower profitability of domestic sales. For example, …

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