Archives geoeconomics - Page 23 of 31 - New Eastern Outlook

Uganda’s discovery of 1.4 billion barrels of recoverable crude oil is evolving to reveal unhinged extractivism, with TotalEnergies positioning itself to rake in 62% of export revenue while the Ugandan government receives a paltry 15%. Even worse, local governments and host communities will receive nothing. 

The St. Petersburg International Economic Forum has once again eclipsed the G7, illustrating the rise of a multipolar world in the face of the decline of Western unity.

The British obsession with the purported “Russian romanticization” of Kashmir, was probably a projection of their own “romantic” colonial representation of the region, as they called it the “Happy Valley” and the “Home away from home”.