Many countries would be relieved if this scenario happen. High oil price could hinder global economic recovery post pandemic.
https://oilprice.com/Energy/Oil-Prices/Failure-To-Implement-Russian-Oil-Ban-Could-Send-Oil-Crashing-To-65.html
Do you observe any political turmoil or chaotic transfer of power in Russian in the last 20 years? Or may be significant internal security threat in Russia? I didn't see it and probably won't see it in a good foreseeable future. To me Russia seems to be pretty normal in term of political stability.
Last 2 successions in Egypt were not particularly smooth. Oil producing countries in are not seems to have political stability as good as Russia. Morocco and Algeria were in the brink of war few months back. Nigeria, Angola and some oil producing countries in Africa also politically unstable...
The money is probably okay, EU is well prepared financially. I am asking about reliability. I mean the political and security issues in Africa is probably not favorable for EU to rely on Africa's HC.
EU seems to try to look to Africa for Russia's oil & gas substitution. How viable and reliable it is remain to be seen. It will be more costly for sure, but what do you think about the reliability of HC supplies from African countries...
Some members here has been proven to be precise in their prediction. Few weeks back I thought this will be the end of Russian economy. But militarily Russians have a very, very long way to go.
Call me a doubter. But considering the propaganda played by both side, I can't just take this news a truth. Macron offer Russia part of Ukraine?? Who is Macron?
Pe
Pope should act as man of peace, he doesn't involve in this conflict. Same couldn't be said about British MoD who clearly -not only siding, but- supplying weapons to Ukraine.
Guys I have a question, is it true that British MoD asking for ceasefire to Russia but Russia is ignoring it. Why would British asking for ceasefire instead of Ukraine?
they want but they can't. they have minimum support from the people of Afghan. it is no wonder, they don't understand afghans well enough to get a sufficient support from the people. And that is where Taliban 2.0 is better than US.
My bad. I was not updated on CNY USD conversion. Yes, gasoline is slightly more expensive in China than in US. US is the net exporter of hydrocarbon while China is the opposite AFAIK.