After the collapse of the USSR in 1991, the Russian Federation adopted, through what it was called the “shock therapy”, the market economy and the capitalism system. 4 years later, as a consequence of an always more globalized economy, the former trade agreement called GATT (general agreement on tariffs and trade) was replaced by a new entity: the world trade organization (WTO).
01 June 2010 , 14:0110342
Russia in 2010, after having to deal these last two years with a dramatic decline of its economy, can see the future with more optimism.
07 May 2010 , 12:355268
Many Russians, including those within the political establishment, are fairly convinced that Russia and the US are very much alike and, in fact, are two sides of the same coin.
05 April 2010 , 10:448203
Dave Forest and I are philosophically aligned. Dave writes "Pierce Points" everyday (and I read it every day) and he is a former Casey Energy newsletter editor. We've started sharing ideas and a key one for both of us is that we see huge shareholder wealth being created for oil and gas investors as the new technologies now used in North America - horizontal drilling and fracking - get exported around the world. Of course these technologies are 40 years old, but only in the last decade have they been perfected so they can get oil and gas out of shale rock.
02 April 2010 , 11:34372
In the whole 19th century, Central Asia was in the heart of a complex geostrategic game which saw strong rivalries and conflicts between the British and the Russian Empires for supremacy in Central Asia.
25 March 2010 , 12:576784
THERE are two Russias. There is the Russia of glittering art, brilliant innovation, beautiful literature and with ponderous but steady advance towards freedom, democracy, of a sort, and a responsible role in the affairs of a world of whose landmass it occupies such an enormous part...
12 March 2010 , 12:134373
The new millennium is characterized by major global changes, some already in motion and others that will be required to adjust to them. Energy supply is the centerpiece of major changes in motion as the world is in transit to a low-carbon economy.
04 March 2010 , 12:582987
Doors of opportunity have been flung open on Iraq's collossal upstream developments.
03 March 2010 , 13:094193
Wind power was a bit player in Texas as recently as four years ago. Today, wind turbines produce a significant share of the state's electricity.
02 March 2010 , 13:143673
Earlier this week, British company Desire PLC began drilling in an offshore block of theFalkland Islands. Immediately, Argentina President Cristina Fernandez de Kirchner let loose with a howl of rage, and the Summit of Latin American and Caribbean Unity issued a protest against the British company's drilling operations.
01 March 2010 , 15:022046
Plutus, the Greek god of wealth, did not have an easy life. As the myth goes, Plutus wanted to grant riches only to the "the just, the wise, the men of ordered life." Zeus blinded him out of jealousy of mankind (and envy of the good), leaving Plutus to indiscriminately distribute his favors.
16 February 2010 , 14:112335
Commodities, particularly crude, were trending down last week after China's Central Bank raised bank reserve requirements boosting the US dollar against other major currencies...
15 February 2010 , 10:392930
There’ s something about electric vehicles. They don’ t use gasoline or diesel and therefore don’ t pollute the air. They run without noise and are cost-efficient. If Filipinos are educated…
28 September 2009 , 11:455721
Investors could see some long-term trade and other benefits if a U.S. move to back away from a missile shield in Eastern Europe yields improvements in relations with Russia.
But it could raise other risks.
18 September 2009 , 12:242829
Without juice, electric cars can't run. And no matter how environmentally sound they may be, without charging stations, people won't buy them.
20 August 2009 , 15:292987
Middle Tennessee is one step closer to greener transportation, thanks to a multi-million dollar federal grant for fueling stations and Nissan's commitment to producing electric vehicles.
07 August 2009 , 12:273067
Can fossil fuels become clean energy?
27 July 2009 , 13:038428
The 12 members of the Organization of the Petroleum Exporting Countries (OPEC) pumped an average 27.98 million barrels per day (b/d) in March, as the oil producer group continued its efforts to slash oversupply and prevent oil prices falling further, according to a Platts survey of OPEC, oil industry officials and analysts just released. This is down 90,000 b/d down from February’ s 28.07 million b/d.
10 April 2009 , 12:213137
The world community has entered a period that will determine the future development of the economy and, possibly, the entire arrangement of the global system. Manifestations of the crisis are wide-reaching and multifaceted, while the unstable situation makes forecasting barely possible. Dynamical systems theory experts link such phenomena to the “ points of bifurcation,” at which the smooth trajectory of development ends and the system’ s behavior undergoes a restructuring, the results of which are hard to predict.
07 April 2009 , 14:532939
Platts Poll: Energy Community Expresses Confidence That Stimulus Package Will Drive Energy Investment Respondents Also Expect Greater Energy Regulation President Obama’s economic stimulus package, passed by the US House of Representatives on Wednesday, will likely result in substantial improvements in US energy infrastructure, according to most of the 340 respondents to a poll of Platts webinar participants representing the energy industry, government, and energy-focused consulting, law firms and media.
29 January 2009 , 12:132284