Archives Economics - Page 12 of 21 - New Eastern Outlook

November-December 2023 were almost unprecedentedly harsh months in Mongolia: most of the country was under a massive layer of snow, the thickness of which reached up to 50-60 centimetres in many regions. At the same time, mid-December was also frosty, with temperatures in some parts of the country dropping to -50 degrees Celsius. In addition to weather threats and challenges traditional for most countries and peoples of the world – such as failures in the work of transport, industrial enterprises, a sharp jump in injuries among the population, hypothermia…

For more than a year (since autumn 2022) Russia, highly appreciating Turkey’s reliability as a trading partner, has proposed to form a gas hub on Turkish territory for subsequent sales of blue fuel to the world markets. The essence of this project is that after the Nord Stream-1 and Nord Stream-2 pipelines are put out of operation due to sabotage actions of Western special services, Russian gas flows from the north-west direction could go to the south. At the same time, Turkey plans to create an electronic platform for price coordination based on the world market conditions…

The blatant negligence of transnational corporations towards their employees in developing countries is clearly visible in their activities in Kazakhstan, which is not for the first time the site of tragedies of colossal proportions caused by the negligence of employers: just remember the recent disaster at the Kostenko mine in October this year, which belonged to a subsidiary of Arcelor-Mittal. At that time, more than 40 miners died as a result of methane leakage caused by chronic safety violations…