“Moscow is already working on circumventing the ban on insurance by offering its own insurance to potential customers through its state-controlled Russian National Reinsurance Company,” said Edoardo Campanella, analyst at UniCredit Bank. An executive of an oil shipping company, who wished to remain anonymous, said, “I think it will take at least a week or […]
Although China has taken a more involved role in global politics in recent years, its relationship with Saudi Arabia is strongly tied to trade. In addition to oil sales, Saudi and Chinese state companies have joint ventures in refining and petrochemicals, and Riyadh is seeking foreign investment to help diversify its economy into manufacturing, including […]
In August, a joint declaration by 191 countries at a UN conference on the future of the NPT was blocked by Russia at the last minute. A French diplomat reported “extraordinarily aggressive nuclear rhetoric” from Moscow and “disdain” for the treaty. “We saw a break in the attitude of Russia, which has historically been supportive […]
The attacks have caused widespread blackouts, and cut off water supplies and heating to civilians when temperatures in some areas dropped to minus five degrees Celsius (41 degrees Fahrenheit). Authorities have scheduled power cuts several times a day to keep essential infrastructure working. In eastern Ukraine, where fighting is still raging, the governor of the […]
