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Russian budget plans for both resilience and growth

Location:

RUSSIA

The budget earmarks additional funding for a six-year 'national strategy' for growth and development, yet still envisages a surplus in each of the next three years and an…

Carbon capture may be key for decarbonising Europe

Location:

EUROPE

Outlook for decarbonisation in Europe.

EU countries are split over sustainable energy funding

Location:

EU

Particular areas of controversy include whether nuclear power will be deemed sustainable, and whether natural gas technologies which reduce emissions by displacing higher-emission…

COVID-19 crisis will spoil Greek climate-related plans

Location:

GREECE

After securing a record allocation from the new EU budget, estimated at EUR72bn (USD84.8bn), the Greek authorities must now formulate a comprehensive strategic development plan in…

Firms working in Israel face pressure on Palestinians

Location:

ISRAEL/PALESTINIANS

The July 19 law’s limiting of the right of national self-determination in Israel to the Jewish people has angered the Arab minority and provoked international criticism, including…

Lower oil prices raise risk of US oil firms defaulting

Location:

UNITED STATES

US energy bond market.

Eastern Europe’s green transition will need more work

Location:

EASTERN EUROPE

National efforts, EU-wide measures, warm weather and low Chinese demand helped them weather the impact of Russia’s invasion of Ukraine, but partly at the expense of progress on…

Brazil renewables will gain priority amid challenges

Location:

BRAZIL

Brazil has one of the cleanest energy matrixes in the world by international standards. However, the production of oil and oil derivatives continues to grow, and the country is…

Financing shortfall will push Oman to uneasy austerity

Location:

OMAN

A fiscal crunch exacerbated by the pandemic and associated oil-price crash has forced the authorities to step up long-term ‘Omanisation’ efforts, ultimately taking pressure off…

Australia budget reversal may accelerate downgrade

Location:

AUSTRALIA

The Australian federal budget, delivered on May 9, attempts to revive the electoral prospects of the Liberal-National Coalition government. The timeline for a return to surplus is…