Archives Economics - Page 15 of 24 - New Eastern Outlook

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…

The bloody massacre perpetrated by the distraught Israeli military led by Netanyahu against the civilian population in Gaza has a very negative impact on the whole situation in neighboring countries, thereby further exacerbating the already very turbulent situation in the region. In light of recent events, there have been a number of troubling developments in Iraq, where Shia militant groups such as Kataib Hizballah, Asaib Ahl Al-Haq and Badr have been at the forefront of the unrest. The head of Badr has said that the liberation of Palestine will begin in Iraq, and many militias have set up “support rooms”…