Energy

Futurism

China, The Last Superpower

After two hundred years of global ascendancy, the West is in rapid relative decline to (re)emerging Asia, which is mounting a steady “Great Reconvergence”. Likewise, the legitimacy of today’s “neoliberal internationalist” order promoted by the West is being questioned by the more statist, neo-Westphalian visions of the leaders of the Rest, the so-called BRIC’s. This has already

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Futurism

Book Review: Vaclav Smil – Global Catastrophes and Trends

Smil, Vaclav – Global Catastrophes and Trends (2008) Category: futurism, climate change, geopolitics, catastrophes; Rating: 5/5 Summary: Google Books Vaclav Smil, an energy theorist and language connoisseur, brings his talents to bear on this idiosyncratic, incisive and balanced book on the global future. From the outset, he outlines his skepticism in universal theories of history

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Economy

The Great Debate

Just wanted to point out there is an on-going four-way debate at Streetwise Professor‘s blog between him, commentator Michel, myself and (at times) Timothy Post. In SWP’s words, it is about “(a) the breadth of Russian prosperity, (b) its dependence on oil prices, and (c) the likely future course of oil prices” and despite the

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Economy

News 2 May: Russia’s Second Oil Peak

For all the noise being made this month about Georgia, about NATO, about Tibet, etc, possibly the most portentous is that it seems Russia hit its oil peak (strictly speaking, its second – the first happened in 1987), well in line with peakist predictions. Production increases via application of new technology, as seen in the

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Politics

News 14 Jan

President Putin’s visit to Bulgaria to bring pipeline deal, NPP contract A new company is being created, in which Russia will own a 51% stake, to build a pipeline to carry Russian oil via the Bulgarian Black Sea port of Burgas and Greece’s Alexandroupolis on the Aegean, so as to bypass the congested Bosporus. It

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Politics

News 11 Jan

Net capital inflow into Russia hit $82.3 bln in 2007 MOSCOW, January 11 (RIA Novosti) – Net capital inflow into Russia reached a record $82.3 billion in 2007, almost double the previous year’s figure, the Central Bank announced on Friday. In 2006 the figure was $42 billion. In the last three months of 2007, net

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Politics

News 10 Jan

Russian moves to ban tobacco advertising MOSCOW, January 10 (RIA Novosti) – The Russian government has decided to completely ban tobacco advertizing, by signing up to a World Health Organization anti-smoking convention. In its first session of the year, the government approved a draft law on joining the WHO Framework Convention on Tobacco Control (FCTC),

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