In the last installment of the two part “Trading with the Enemy” Series, this blog looked a serious issues of contention affecting Sino-American trade-relations, cyber-espionage and hacking. Now we will examine a little discussed area of discomfort, trade between China and it’s very large northern neighbor, Russia. Over the last two decades, the Sino-Russo “Cold […]
Russian oil companies, including Gazprom and Lukoil, will pay $1 billion to Venezuela for the chance to develop oil reserves along the Orinoco. Even though Caracas and Moscow are allies, I still have doubts about the final payout for these businesses. In 2006 the Venezuelan government pushed out some foreign oil companies, and forced others […]
Yesterday, President Hugo Chávez continued his travels overseas, spending the day in Russia. During his time there he announced that Venezuela will recognize Abkhazia and South Ossetia as independent states. A brief war with between Russia and Georgia in August 2008 led to the separation of these two regions. More information is available in today’s […]