Analysis

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China’s trade with Russia hits record high

China’s trade with Russia hits record high

China reported a record trade surplus for 2022, as its key export sector delivered robust growth for most of last year, providing much-needed support for the world’s second largest economy that’s hammered by …

Peru protests: What is behind the violence?

Peru protests: What is behind the violence?

At least 40 people have died in clashes between Peruvian security forces and protesters in the Andean country's worst outbreak of violence in over 20 years, as demonstrators call for systemic political changes and accountability for the …

Southeast Asia losing patience with King Dollar’s clout

Southeast Asia losing patience with King Dollar’s clout

The weaponization of the world’s reserve currency, as through sanctions on those deemed bad actors, such as Russia, has pushed even the typically diplomatic Southeast Asians to warn the US of the consequences,  …

Europe’s warm winter may not be such good news for energy

Europe’s warm winter may not be such good news for energy

The last month has been a month of celebration in the European Union. Gas demand is down because of the unusually warm weather. As a result, prices are down, and the crisis, according to analysts, appears to be averted. The problem is that …

Thailand needs Russian tourists

Thailand needs Russian tourists

Today it has become known that the Thai authorities will not introduce the entry requirement for foreign tourists, which was announced two days ago. The restriction, introduced amid the outbreak of COVID-19 in China, was formally in effect …

Venezuela's oil exports slipped despite big assist from Iran

Venezuela's oil exports slipped despite big assist from Iran

Venezuela's oil exports last year declined due to infrastructure outages, U.S. sanctions and rising competition in its key Asia market despite assistance from ally Iran. Exports this year are expected to get a lift after the United States …

Eurozone’s construction sector hit by rising costs

Eurozone’s construction sector hit by rising costs

The eurozone’s construction sector is suffering its worst decline since the pandemic brought the economy to a near-standstill in 2020. The gloomy findings underline how rising borrowing costs, sharply higher raw material prices and …

Surging covid cases set to hurt China’s oil demand In 2023

Surging covid cases set to hurt China’s oil demand In 2023

Having finally ditched its zero-Covid policy, China is now experiencing a wave of Covid cases. The Chinese purchasing managers’ index, which tracks manufacturing and service sectors, slumped well below economist’s expectations in …

Jordan welcomes water deal amid fears on refugee, climate crises

Jordan welcomes water deal amid fears on refugee, climate crises

Jordan has signed a soft loan agreement with a European lender to help finance a mega $2.5 billion water-carrier project amid persistent shortages made worse by climate breakdown. The government agreed to the $213 million loan with the …

Why Data Is The New Oil For Middle East Energy Providers

Why Data Is The New Oil For Middle East Energy Providers

Digitalization of the energy industry has revolutionized how utilities approach grid management and engage with consumers in an evolving landscape. The Middle East (the Gulf Cooperation Council countries in particular) is undergoing …

Israel expected to increase natural gas drilling in 2023

Israel expected to increase natural gas drilling in 2023

Faithful to his past energy policies and on the backdrop of the global energy crisis, Prime Minister-designate Benjamin Netanyahu is likely to expand exploration for natural gas off Israel's shores. Previous governments headed by …