Recent Posts

Georgia presidential race faces runoff

Bloomberg The contest to be Georgia’s last directly elected president is heading to a runoff after the two main rivals were practically tied first round. Salome Zurabishvili, who’s backed by the ruling Georgian Dream party, topped the list of 25 candidates with 38.6 percent support, ahead of Grigol Vashadze of the Strength in Unity coalition, who received 37.7 percent, with ...

Read More »

Swedish speaker takes over process to break deadlock

Bloomberg The speaker of parliament took over the government formation process after more than a month of talks have led nowhere on forming a new Swedish ruling coalition after last month’s inconclusive election. The willingness to compromise has been “limited” so far, Speaker Andreas Norlen said at a press conference in parliament. He will now lead group talks, starting as ...

Read More »

Russia oil industry set to lose billions in ship-fuel overhaul

Bloomberg Russia is set to suffer the biggest revenue losses from rules mandating cleaner marine fuels from 2020, because the world’s top exporter of the sulfurous residual oil that powers ships doesn’t look prepared for the change. Refineries across the world are bracing themselves for the once-in-a-generation shift intended to reduce pollution caused by ships. While plants in Europe and ...

Read More »
Send this to a friend