The Strategist
World & Politics

China is in talks with Russia to buy oil - 05/20/2022

China is in talks with Russia to buy more oil to replenish its strategic reserves, Bloomberg sources said. Negotiations are conducted at the level of the governments, while oil companies are hardly participating in them. Beijing is in talks with Moscow to buy more oil in Russia, informed sources told Bloomberg. They specified that additional oil is needed to replenish China's strategic oil...

Study: 9M people die every year because of pollution - 05/20/2022

According to a new research by an international team of scientists, pollution causes 9 million deaths each year. A new study led by Richard Fuller, the head of a global non-profit organization Pure Earth, air pollution and toxic waste are responsible for the deaths of approximately 9 million people each year. Traditional pollutants like greenhouse gases and sewage emissions, according to...

Japan to give Ukraine $300m as humanitarian aid - 05/19/2022

The Japanese government has decided to give Ukraine an additional $300m loan for humanitarian needs. This was reported by the Japanese TV channel NHK. According to the channel, Prime Minister Fumio Kishida will officially announce the new aid package during US President Joe Biden's visit to Japan next week. On 17 May, Japanese authorities and the Ukrainian government signed an agreement on a...

EC: The world lost 2.5 per cent of economic growth - 05/19/2022

The European Commission (EC) has revised its global macroeconomic projection to account for the impact of the Ukrainian war and Russian sanctions. Global economic growth is expected to decrease from 5.7 percent to 3.2 percent in 2022, according to the European Union's regulatory body, and from 4 percent to 2.7 percent - in eurozone countries. If all limitations stay in place, the EC forecasts a...

EC to present a plan to strengthen EU energy security - 05/18/2022

On Wednesday, the European Commission will present its suggestions to boost EU energy security in the face of sanctions against Russia, the EU's biggest energy supplier. According to a draft document obtained by European media, the European Commission would recommend that EU member states prepare for a "sudden and full halt" of Russian gas supply. Setting a cap on gas costs for consumers,...

EC head announces digital partnership with Japan - 05/12/2022

Ursula von der Leyen, the European Commission's chief, announced launch of a digital partnership, the first of its type for the European Union, at a news conference following the Japan-EU summit. "We addressed how to broaden our cooperation at this summit, including substantial measures to create opportunity for our economies and populations. And what can assist us in encountering the issues that...

US Congress approves debt relief bill for Ukraine - 05/12/2022

The US House of Representatives on Wednesday evening approved a bill aimed at easing Ukraine's debt burden in light of the ongoing conflict with Russia, the respective vote showed. The legislation, if passed, would oblige US representatives at various international organisations to seek an immediate suspension of Ukraine's debt service payments and to provide financial assistance to Kiev on...

Japan's domestic debt hits all-time high - 05/11/2022

Japan's domestic debt has exceeded 1,000 trillion yen for the first time. Japan's domestic debt, the so-called "long-term debt" that will need to be repaid from taxes collected, has exceeded 1,000 trillion yen (about $7.69 trillion at today's exchange rate) for the first time in history, Kyodo news agency reported, referring to the finance ministry’s data. The debt stood at 1,017 trillion yen...

Macron calls to return EU food independence - 05/10/2022

French leader Emmanuel Macron, speaking at the closing session of a conference on the future of Europe at the European Parliament in Strasbourg, called for a return to EU food independence and a reassessment of European production strategy in the face of events in Ukraine. He noted that the situation in Ukraine has deeply destabilized food supply chains and global markets. "We need to reassess...

CNN: US plans to purchase 60 million barrels of oil - 05/06/2022

The US administration will collect commercial bids in the autumn to buy 60 million barrels of oil to replenish strategic reserves, CNN reported, citing an unnamed Energy Department official. US authorities are now conducting large commodity interventions at the expense of strategic reserves in an attempt to bring down fuel prices rising on the back of anti-Russian sanctions. "The administration...
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