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Dreams of a 'broken up' Russia might turn into nightmare for West – and an opportunity for China

Do names on a map matter? When they are in border territories, the answer is probably “yes.” Earlier in 2023, China’s Ministry of Natural Resources ordered that new maps must use the former Chinese names of its lost territories in what is now Russia’s&...
United States Russian Federation Janusz Bugajski Vladimir Putin Muslim Uyghur Alexanderj Motyl

Dreams of a 'broken up' Russia might turn into a nightmare for the West – and an opportunity for China

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.
United States Russian Federation Janusz Bugajski David Ignatius Muslim Uyghur Vladimir Putin

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An arduous second half awaits oil marketing firms

The medium-term scenario for oil marketing companies (OMCs) is high risk due to the surging crude and gas prices. Apart from OPEC-plus cutting production, the Hamas-Israel conflict has caused fears of supply disruption. The July-September quarter of 2023-24 (Q2FY24) saw positive surprises for OMCs. Strong gross refining margins (GRMs) more than offset weak marketing margins.
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