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Business & Energy
Brazil and China have signed an agreement to abandon the dollar
BRASILIA (Realist English). Brazil and China have reportedly struck a deal to ditch the U.S. dollar in favor of their...
Read moreRussia has bypassed Saudi Arabia on oil supplies to China
MOSCOW (Realist English). In the first two months of 2023, Russia overtook Saudi Arabia as the main supplier of oil...
Read moreGerman concern BASF to cut 2,600 jobs amid high costs in Europe
LUDWIGSHAFEN (Realist English). German petrochemical concern BASF will cut 2,600 jobs and stop repurchasing its shares amid further revenue declines...
Read moreThe European Commission demands that the Swiss assets of the Russian Federation be transferred to Kiev, but does not notice Baku’s crimes
MUNICH (Realist English). European Commission President Ursula von der Leyen is "disappointed" by Switzerland's refusal to transfer frozen Russian assets...
Read moreVKontakte moves to the Russian jurisdiction
MOSCOW (Realist English). VKontakte (VK Company Limited (VK) is moving to the Russian jurisdiction from the Virgin Islands (UK). A...
Read moreChatGPT artificial intelligence bot wins new adherents in Russia
MOSCOW (Realist English). The effect of advanced foreign technology this time surprised the Minister of the Russian Federation for the...
Read moreChina is creating a trading exchange for semiconductors and electronics
SHENZHEN (Realist English). Shenzhen will become an international semiconductor and electronics supply hub with a new trading exchange. This is...
Read moreThe USA and China continue redistribution of the global semiconductor market
BEIJING (Realist English). This week, the TSMC management announced that investments in the construction of semiconductor plants in the United...
Read moreHigh oil consumption outweighs weak supplies to Europe and Asia: IEA
PARIS (Realist English). In the fourth quarter of 2022, global oil demand will decrease by 110 thousand barrels per day...
Read moreEU to lay electric cable to Azerbaijan by 2029
BUCHAREST (Realist English). On December 17, the heads of Hungary, Romania, Georgia and the Baku mini Sultanate signed an agreement...
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IAEA Confirms Uranium Stockpile at Secret Syrian Site
DAMASCUS (Realist English). Inspectors from the International Atomic Energy Agency (IAEA) have confirmed the presence of several tonnes of natural uranium...
South African and Australian Coal Companies Reap Windfall Profits from Iran War
CANBERRA (Realist English). The closure of the Strait of Hormuz and disruptions to liquefied natural gas supplies have forced countries in...
UAE Freezes Trade and Financial Relations with Iran
ABU DHABI (Realist English). On 18 August, the United Arab Emirates announced the complete suspension of all trade and financial operations...
Baku Places Three Russian Journalists on Wanted List: Moscow Vows to Protect Its Citizens
MOSCOW (Realist English). The official representative of the Russian Foreign Ministry, Maria Zakharova, has commented on the decision by Azerbaijan's Prosecutor...
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