Since 2022, Russia-Ukraine geopolitical conflicts have intensified, and global energy prices have risen sharply, with international natural gas prices hitting historic highs. As the most important transitional energy source in the transition from fos…
As the European Union tries to reduce its dependence on Russian energy, the Russian president recently said Russia would try to shift its energy exports to the east, adding that there was no way for European countries to give up Russian gas immediate…
The World Bank expects global economic growth to slow significantly, from 5.5% in 2021 to 4.1% in 2022 and further to 3.2% in 2023. Growth in East Asia and the Pacific is expected to slow to 5.1 percent in 2022, reflecting the impact of China's econo…