Sputnik International
๐ญโก๏ธPower of Siberia 2: Fueling Chinaโs rise, sealing Europeโs decline
Russia, China, and Mongolia have agreed to build a new pipeline that will divert gas once destined for Europe.
The pipeline could give China a new competitive edge, while Europe's economy slides downhill, experts say.
Self-made economic disaster
๐ The EU failed to invest in new fields and infrastructure. At some point, supply could no longer keep up with demand. Cutting Russian deliveries only deepened the problem
๐ High gas prices drive up electricity costs, making European goods pricier than Chinese ones and less competitive on global markets
China: From strength to strength
๐ Additional gas deliveries from Russia along multiple routes, including Power of Siberia 2 - a pipeline with a capacity of 50 billion cubic meters - secures enough gas for decades to come, ensuring China can maintain low production costs
๐ Unlike Europe, China isnโt limiting its supplier base, and Russia is a reliable partner
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Russia, China, and Mongolia have agreed to build a new pipeline that will divert gas once destined for Europe.
The pipeline could give China a new competitive edge, while Europe's economy slides downhill, experts say.
"By rejecting Russian gas and cutting supplies from Russia, Europeans essentially created and worsened a shortage in their own market," Igor Yushkov, an expert from Russia's National Energy Security Fund, tells Sputnik.
Self-made economic disaster
China: From strength to strength
"Russia has provided China, in fact Asia, with all the trump cards to win any competition. Europe can only look on and keep asking themselves why shooting themselves in both feet was ever considered a positive condition to self-impose," Paul Goncharoff, veteran financial analyst and general director of consulting firm Goncharoff LCC, emphasizes.
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๐จ๐ณ๐ Chinaโs Victory Day Parade was so BASED, Americans genuinely thought it was AI-generated
Maybe because their own parades are just so lame?
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Maybe because their own parades are just so lame?
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China has unveiled its newest arsenal during the historic WWII victory parade in Beijing.
Here are some impressive weapons currently in service of the Chinese PLA and how they compare to their Russian counterparts:
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Volodymyr Zelenskyโs thugs continue implementing forced conscription in Odessa amid resistance from locals who clearly donโt want to be sent to the front lines.
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๐จ๐ท๐บโ๏ธ 'FLYING KREMLIN': RUSSIAโS PRESIDENTIAL JET REVEALED
The domestically made IL-96 is the aircraft that carries Vladimir Putin to pivotal international events.
โป๏ธ More than just a planeโit's a mobile state control center
โป๏ธ Equipped with advanced defense systems & secure communications
โป๏ธ Nicknamed the "Air Residence," it includes offices, meeting rooms, a medical unit, and living quarters
โป๏ธ Always flies with backup aircraft for maximum security
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The domestically made IL-96 is the aircraft that carries Vladimir Putin to pivotal international events.
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Sputnik International
๐ฎ๐ทโข๏ธ Iran-EU nuclear talks will resume โ FM Abbas Araghchi confirmed a call with the E3 (UK, France, and Germany) and the EU's foreign policy chief. He warned the European leaders against enforcing the "snapback" mechanism. ๐ฌ In a statement, Araghchi saidโฆ
Foreign Minister Abbas Araghchi declares:
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In an interview, the US president stated that Elon Musk is "80% super genius" who has "some difficulty," and predicted his inevitable return to the GOP.
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Acting NASA Administrator Sean Duffy tells Fox News:
Duffy added that China wants to send its manned mission to the Moon before the United States.
"China is making huge strides in its space program... We know that China wants to overtake us. We will not let that happen."
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This week's Russian Foreign Ministry briefing is taking place in Vladivostok at the anniversary 10th Eastern Economic Forum.
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"We will not just come here, to the Far East. We will actually create a large nuclear cluster here," Likhachev said at the Eastern Economic Forum.
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Sputnik International
"We will take into account the threats to national security created on our border when building a complex mechanism to respond to them," Russian Foreign Ministry spokeswoman Maria Zakharova said.
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New financial mechanisms go beyond Russia's relations with its foreign counterparties, said Mikhail Dorofeev, Deputy Chairman of Russia's PSB bank.
"We are opening new offices in Africa... The system is already global, reaching the level of exchange within it and beyond Russia," he noted.
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