World economy risks breaking up into geopolitical blocs, warns IMF chief economist
The Russian invasion has provoked a “tectonic shift” warns Pierre-Olivier Gourinchas, the IMF’s new chief economist. The creation of distinct “geopolitical blocks” could redesign globalization. The Russian invasion of Ukraine caused a “tectonic shift” in the global order that could lead “to a greater permanent fragmentation of the world economy
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The geopolitics of natural gas drives the Russia-West crisis
By José Palma The press pays increasing attention to energy sovereignty issues embedded in the Russia-Ukraine-US conflict. Today, a large gas pipeline leaves Russia towards the European Bloc, passing under Ukrainian territory. Nord Stream 2, a Russian-German joint project, would supply gas from Russia directly to Germany and the rest
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