At the height of the Cold War, the West feared the Soviet military. Now, it fears Russian energy companies, and the 800-pound gorilla of them all is Gazprom, Russia’s natural gas monopoly, currently the world’s third-largest company by capitalization.
Having absorbed capitalism with a rapacity that would make Lenin blush, Gazprom does not intend to rest [...]

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Growing competition for oil may escalate to something as hot and dangerous as nuclear proliferation
The geopolitical implications of this gathering crisis for world oil supply 2010-15 are immense. The risk of further military interventions and conflicts in the Middle East is clearly high. Total world oil reserves are estimated at 2.5-2.9 trillion barrels, of which [...]

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With a $3 trillion war bill and an economy that flounders as China’s soars, could America’s era of dominance on the world stage be coming to an end? Mick Brown and the photographer Alec Soth travelled across America and China to observe how the future of these two great nations is intertwined, and to find [...]

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Record spending on infrastructure will help to sustain rapid growth in emerging economies
THE biggest investment boom in history is under way. Over half of the world’s infrastructure investment is now taking place in emerging economies, where sales of excavators have risen more than fivefold since 2000. In total, emerging economies are likely to spend an [...]

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The European Union cannot agree over how to deal with Russia. That suits the Kremlin just fine
SEEN from outside, one might imagine that the European Union (population 495m, GDP of $16.8 trillion) was a rather intimidating neighbour for Russia (population 142m, GDP of $1.3 trillion). Yet the reality is the other way round. In recent [...]

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