Sunday, June 16, 2024

Politics Issue

Politics is exercised on a wide range of social levels, from clans and tribes of traditional societies, through modern local governments, companies and institutions up to sovereign states, to the international level

UAE Denied Withdrawal from OPEC

On the 6th (local time), CNBC reported on the 6th (local time) that a senior UAE official said, "I have no intention of withdrawing at this time," regarding the news that the United Arab Emirates (UAE) is considering leaving the...

Ukranian War Will Strengthen U.S. Oil Production

As European Union (EU) countries reduced imports of Russian crude oil after the Russia-Ukraine war, the U.S. crude oil exports to Europe increased due to the reflective effect. Analysts say that the Russia-Ukraine war further strengthened the U.S. position as...

Nokia and Ericsson Completely Withrew from Russia

As Finland's Nokia and Sweden's Ericsson, which have provided major telecommunications equipment and related services to Russia, completely withdrew from the market at the end of this year, Russians will suffer from mobile phone use problems, Reuters reported on the 21st...

EU Critizised US Inflation Reduction Act (IRA)

The European Union (EU), ahead of the third meeting of the Trade and Technology Committee (TCC) with the U.S. next month, has publicly criticized the US "Inflation Reduction Act (IRA)" to increase its bargaining power. EU Commission Trade Commissioner Valdis...

Russia Falters as Energy Prices Fall

Russia strategy, which has put political pressure on Europe with its energy supply reduction card since the Ukrainian invasion, is faltering as energy prices fall. The Wall Street Journal (WSJ) predicted on the 18th that Russia strategy of "reducing gas...

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