Loading...

  • 22 Jul, 2024
The Decline of the Petrodollar System

The Decline of the Petrodollar System

Recent rumors about the expiration of a 50-year-old "petrodollar" agreement between the US and Saudi Arabia, though false, highlight the system's gradual decline.

Rosatom in talks with India on joint Northern Sea Route project

Rosatom in talks with India on joint Northern Sea Route project

The Northern Sea Route (NSR) is a key element of Russia's Arctic strategy. The Northern Sea Route provides a shorter, more cost-effective shipping route between Europe and Asia, bypassing the traditional route around the Cape of Good Hope through the Suez Canal.