Russia decided to temporarily exempt the inspection activities from the facilities subject to inspection under the Treaty on Measures for the Further Reduction and Limitation of Strategic Offensive Arms (New START). The Russia's Ministry of Foreign Affairs issued the message at the website on 8 August. The Ministry infromed the US through diplomatic channels. The…
Food and Commodities Crisis is Going to Sharpen
According to the Global Crisis Response Group more and more people are now forecast to be pushed into food insecurity and extreme poverty by the end of 2022. There is an estimate that 345 million people will be acutely food insecure or at a high risk of food insecurity in 82 countries in 2022. Meanwhile,…
Global Energy Market at the Crossroads
The world is in the grip of a major energy crisis, with countries worldwide affected by extremely high and volatile prices, particularly of fossil fuels. This situation has acted as a crucible for recent trends in the energy market. Over the preceding two years, the energy market experienced extreme price volatility, such as during the…
The EU Sanctions: mechanism and prospects
Until the EU imposed sanctions on Russia in 2014, few Europeans were aware that the Common Foreign and Security Policy (CFSP) entailed the imposition of sanctions. Member States had been enacting sanctions jointly since the early 1980s; in the initial decades, European measures had modest economic consequences, but it has changed. The increasing centrality of…
The Food Crisis and Prospects for Overcoming it
The participants of the "Valdai" discussion club had a conversation on the global food crisis, its causes, consequences and prospects for overcoming it. In his opening speech, Andrey Bystritsky, Chairman of the Board of the Foundation of the Valdai Club, said that the crisis into which the world is plunging began long before February 2022.…
Sanctions Challenges for the Pharmaceutical Industry
European pharmaceutical industry equipment manufacturers began to refuse to supply spare parts and components to Russia. This may lead to suspension of the release of new medicine and also makes Russia search for alternative suppliers. Several representatives of the pharmaceutical industry told about the problem with supplies. Thus, Vikram Punia, the president of "Pharmasynthesis",…
East Reorientation is a Matter of Long Time
Russia will be able to increase gas supplies to Asian markets to a level close to last year's export volumes to the EU, no earlier than in 10 years. This forecast was given by analysts from the International Energy Agency (IEA). They also expect a decline in gas production in Russia in 2022-2025 by 480…
Cyber Threat Assessment for Russian Companies
After the outbreak of the Russian special operation, numerous state information systems and large corporations faced large-scale hacker attacks. Under these conditions, the Ministry of Digital Development of Russia instructed key state corporations to assess the level of their information systems protection and their capability to cope with cyber threats. The letter was sent to…
New Page in the EU Defence Policy?
The expansion of autonomous European capacities in the field of defense and security has been discussed in the EU for several years. The topic became even more relevant after February 24. Experts of the Carnegie Europe analytical center tried to answer the question of how serious the EU's intentions are in the field of building…
IMF: Why We Must Resist Geoeconomic Fragmentation—And How?
According to a team of experts from the International Monetary Fund (IMF), the world economy is going through the most serious shock since the Second World War. Geo-economic fragmentation is seen as an undesirable outcome of the current crisis. In the report, IMF experts explain how and why the world should avoid such a scenario.…