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Turkish lira banknotes are seen in this file photo illustration shot in Istanbul, Turkey, January 7, 2014. Turkey's central bank is expected to make an interest rate decision this week.    REUTERS/Murad Sezer/FilesGLOBAL BUSINESS WEEK AHEAD PACKAGE - SEARCH "BUSINESS WEEK AHEAD AUGUST 17" FOR ALL IMAGES

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piontkovskij

              “In Ukraine, even with a delay and the high price paid, a dangerous deathly expansion of Western alliances has been stopped. From a quasi-Weimar state on the defensive, Russia has now gone back to its familiar role as a victorious country, back to a new self-confidence.“ Karaganov, a Eurasian thinker with an additional chromosome instead of a brain fold.   For over twenty years I have been trying to explain to the delusional Russian political class some realities that I believe to be quite obvious to any normal human being. I persist in this hopeless mission, because this serious illness affecting the “nation’s brains” is leading my country to inevitable disaster.   The most important obsession of Russian foreign policy discourse is a

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poker_cov

    “They (the Europeans) look at the Russian people as barbarians, who wander in Europe rejoicing, that somewhere and something can be destroyed – and destroy it just for the sake of destruction, for fun, for the pleasure of simply overseeing its demise, like hordes of savages, like huns, ready to launch as assault on the ancient Rome and to demolish the holy shrines, without any appreciation of the value of what they are destroying” Fyodor Dostoevsky (The Writer’s Diary – Dnevnik Pisatelya)   Putin has entered the final stage of his tenure at the helm of the Kremlin. Whatever he achieves abroad will not matter if the internal situation continues to disintegrate in a seemingly irreversible and self-propelling downward spiral.   The Russian president is trying the ultimate

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lukoil

  In this article, we look at the implications for Bulgaria from Lukoil’s exit from the country’s and possibly EU’s market. While Bulgaria is definitely not Lukoil’s most important market in Europe, it bears significance, due to Lukoil’s almost complete monopoly in the oil fuels sector there, further exacerbated by this country’s full reliance on Russian energy. While Lukoil’s expected exit may represent an opportunity for Bulgaria to foster competition on its energy market, this analysis suggests that for a number of internal and external reasons, it may fail to make use of it.   By some accounts, Lukoil is considering disposal of its remaining downstream assets in Europe, including its refinery and possibly retail business in Bulgaria. The refineries in Italy, the Netherlands and Romania are also up for

This entry was posted in Bulgaria and tagged , , , , , , by A. Sorensen Henrik.

About A. Sorensen Henrik

Henrik A. Sorensen is a natural resources economist with more than four decades of professional experience. Mr. Sorensen has a BSc in Mechanical Engineering from the University of Gothenburg and MBA from McCombs School. In the first part of his career he has specialized in project finance of oil production, infrastructure, and downstream operations in the US, South-east Asia, Latin America, and later, the former Soviet Union. Since 2007 Mr. Sorensen specializes predominantly in research related to economics of natural resources.
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russia-in-decline-alex-alexiev

The article first published in americanthinker.com on 02/11/2016. On October 20, The Jamestown Foundation held a workshop in Washington D.C. titled “Russia in Decline,” with the participation of a veritable Who’s Who of senior American experts on Russia. It was the concluding exercise of an extensive research project on Russia designed to provide policy guidance to the next president of the United States. Prior to the workshop, the leader of the project, S. Enders Wimbush, had solicited written contributions by a dozen of the best-known Russian political commentators and economists.   The bottom line of both the workshop and Russian contributions was a remarkable consensus: Russia has entered a period of prolonged decline that will take many years to reverse even if it could be stopped soon, which is unlikely. The

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Снимка: vestikavkaza.ru

  Two weeks ago an event took place at the posh offices of a prominent Washington law firm with an incredible view of the nearby White House. But the discussion had little to do with U.S. presidential politics. Hosted by the America-Georgia Business Council, the high-powered conference focused on a single subject: the strategic impact of the Chinese New Silk Road project on the economies and geopolitics of Georgia, Central Asia and Eastern Europe. Assembled for the conference was group of prominent American and foreign scholars and government officials led by the distinguished American historian on Central Asia and the Caucasus, S. Frederick Starr; geopolitical guru S. Enders Wimbush; the head of Georgia’s central bank, Koba Gvenetadze; and key officials of British Petroleum (BP), the Overseas Private Investment Corporation (OPIC),