Winston Churchill once said, “I feel lonely without a war.” He also badly missed the loss of empire. Churchill’s successor – the ‘Empire of Chaos’ – now faces the same quandary. Some wars – as in Ukraine, by proxy – are not going so well.
India has proposed creating a free trade zone with the Eurasian Economic Union of Russia, Kazakhstan, Belarus and Armenia, said Alexey Pushkov, head of the International Committee of Russian State Duma.
The European Union has decided to turn to alternative gas suppliers such as Azerbaijan, Turkmenistan, Algeria and Turkey following recent “political challenges” including the Ukraine crisis and the cancellation of the Russia-led South Stream gas pipeline.
Oil giant BP says significant shale gas production in Britain and Europe over the next 20 years is unlikely. In a damning forecast, the energy firm said fracking will gain little traction outside America before 2035.
Gulf producers may find it a struggle to keep their share of the global oil market as Russia is boosting crude exports to Asia after upping supplies by 25 percent to China, Japan and South Korea in 2014.
EU Trade Commissioner Cecilia Malmstrom’s visit to London to promote the EU-US Transatlantic Trade and Investment Partnership (TTIP) has been met with protest, as MPs say more transparency is needed to address public concern.
Believe it or not, 'Rattraders' is an actual experiment that teaches lab rats to trade in the foreign exchange and commodity futures markets – and in some cases, the rodents outperform the world’s leading fund managers.