Contents tagged with Europe

  • President of the European Commission offers Putin a deal if the truce is observed in Eastern Ukraine

    The president of the European Commission, Jean-Claude Junker wrote a letter to Vladimir Putin, offering closer trade relations between the EU and the Eurasian Economic Union in the observance of the truce in Ukraine. Reuters refers to this letter that was written after the G20 Summit in Turkey. In his letter, Junker stressed the importance of stable relations with Moscow, which, unfortunately, have been difficult to maintain over the past year. According to Junker, he appealed to the European …

  • Russia is losing its share on European oil markets

    Saudi Arabia has a record number of world oil deposits. This can cause a major imbalance of the oil market.

    The oil experts agree that Saudi Arabia is trying to gain a bigger share on the European Market.

    Currently Saudi Arabia is on its way to making more oil deals. This can be a major problem for Russia as one of the major oil producers.

    For 13 year,  Saudi Arabia has accumulated record deposits of crude oil. On August of this year they came up to 326 615 barrels (approximately 44.55 …

  • Russia has a rescue plan for Ukraine

    The conflict handcrafted by Russia is slowly burning in Eastern Ukraine.While Europe is preoccupied with their own problems, Russia is sparing no efforts in pushing forward its agenda.Russian government controlled TV channels have been actively talking about the” Ukrainian Rescue” committee.   The committee has recently held a press conference in Moscow to introduce themselves to the media.Strangely one of the leading members of this new body is the former Prime Minister, Nikolai Azarov, who …