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As the Russian economy’s difficulties deepen, the Kremlin is putting a brave face on things. It maintains that Western sanctions have been beneficial and that its own anti-crisis program is working. Moreover, the government is talking up a new “Strategy 2030” to boost domestic self-sufficiency based on import substitution. The new measures, however, are unlikely to...
Professor Stefan Hedlund
North America is slowly, but very surely, ending its dependence on foreign oil – a move that will have a considerable effect on the Middle Eastern states. After years of decline, the US oil production industry has a new lease of life. Additionally, the US is turning its political focus from the Middle East towards the Asia-Pacific region. This redirection should gi...