Location, location, location: Why Russian LNG can beat competition from US & Australia?

Russia’s geographical position makes its exports of liquefied natural gas (LNG) more profitable and competitive with American and Australian supplies, according to Russia’s Energy Minister Alexander Novak. Russia ships most of its LNG (around 69 percent) to Asian markets, where the bulk of global LNG supplies are sent. The country could also export its LNG … Continue reading Location, location, location: Why Russian LNG can beat competition from US & Australia?

The Future of Banking

How open banking can transform the financial industry Authored by: Pascal Hügli  As the saying goes, “What goes up must come down.” In this case, the ‘what’ are the stock prices of Swiss full-service banks like UBS and Credit Suisse, which are down 50 to 80 percent since the 2008 financial crisis. The plight of these … Continue reading The Future of Banking

Iran Is China’s Secret Weapon for Killing off the US Dollar’s Global Reserve Status

Federico Pieraccini There is a strong current of change affecting the international political arena. It is the beginning of a revolution brought on by the transition from a unipolar to multipolar world order. In practice, we are faced with the combination of several factors, including the application of US tariffs on Chinese exports, Washington’s sanctions … Continue reading Iran Is China’s Secret Weapon for Killing off the US Dollar’s Global Reserve Status

BIG PHARMA LOSING MONEY AS PATIENTS SWITCH FROM OPIOIDS TO CANNABIS

Matt Weeks Cannabis is helping chronic pain patients, resulting in Big Pharma losing money The news that cannabis is effective in treating most types of pain is shaking business and political institutions. Politicians and investors must come to grips with Big Pharma losing money due to the rise of cannabis. The findings could have huge consequences for … Continue reading BIG PHARMA LOSING MONEY AS PATIENTS SWITCH FROM OPIOIDS TO CANNABIS

US firms power rise in global arms sales

New data from SIPRI showed that sales of arms and military services by the top 100 firms went up by 47% since 2002 ByDave Makichuk Sales of arms and military services witnessed an increase of nearly five percent worldwide in 2018, mainly led by a strong showing by US firms, according to Stockholm International Peace … Continue reading US firms power rise in global arms sales