The Oil Weapon


  Prior to the dawn of the previous century, the world had already witnessed embargos, ranging from the Megarian decree to the Embargo act of 1807. What defined the trade disputes and embargos of the 20th century, however, was the use of oil; linked to electricity, fuel and more. Oil is a source of revenue, … Continue reading The Oil Weapon

The World After a Week December 8, 2019


Diplomacy and Russia: – Bulgarian diplomat expelled from Russia in tit-for-tat move after Sofia asked the Kremlin to recall a diplomat under suspicion of espionage. Bulgaria also declined granting visa to a Russian defense attache (basically an ambassador). Given the strong cultural ties and energy relations between the two countries, this response of Bulgaria causes … Continue reading The World After a Week December 8, 2019

The World After a Week November 10, 2019


Fifteen Asia-Pacific countries including China sign a trade pact without India. It is called Regional Comprehensive Economic Partnership (RCEP). It is promised to be a big one. India is now more likely to agree on a trade agreement with Europe in order to avoid the outcome of being isolated. Speaking of India, its police has … Continue reading The World After a Week November 10, 2019