Finance & Markets

China’s Foreign Trade Surges in 2024, Reaching $6.16 Trillion

On January 13, the General Administration of Customs of China published statistics on foreign trade operations for 2024. In general, the past year was successful...

Projections: Russian LNG to Exceed 20% of EU Market by 2025

In 2024, the European Union (EU) countries procured liquefied natural gas (LNG) from Russia at unprecedented volumes, with a total of 17.8 million tons...

Europe’s Gas Crisis Explained: From Russian Pipelines to American LNG

The Obama and Biden administrations have escalated the conflict in Ukraine in part due to Washington's determination to block the transit of Russian gas...

Northern Sea Route Cargo Transit Surges 40%, Fueled by China Ties

During the launch ceremony of the nuclear icebreaker Chukotka in St. Petersburg in early November, Alexei Likhachev, Director General of the Russian State Corporation...

China’s Auto Empire Crumbles ‘Engine of Europe’

Last week, Volkswagen's two factories in Emden and Zwickau received positive news: the facilities will remain open and the employees will not face layoffs....

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