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China, India Binge Buy Russian Energy, Nearly Double Last Year’s Purchases Amid West's Restrictions_我的网站

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一 |     China and India’s oil, coal and gas purchases pumped some $24 billion in revenue into Russia’s coffers between March and May, nearly doubling the $13 billion the Asian giants spent during the same period in 2021, China Customs and India Trade Ministry data has shown.,The People’s Republic accounted for over 78 percent of the revenue - $18.9 billion. India, for its part, bought $5.1 billion in Russian energy – quintupling purchases it made a year ago by taking advantage of discounts on crude made as Moscow maneuvered to shift supplies away from the European and US markets.,Lauri Myllyvirta, lead analyst at the Finland-based Centre for Research on Energy and Clean Air (CREA), predicted that the Asian giants aren’t likely to stop their Russian energy binge anytime soon amid rising energy prices, and the West’s politicized decision to ban Russian crude oil and coal, and to limit gas imports.,EXCLUSIVE: New Delhi Does Not Support Attempts to Isolate Russia, Says Russian Ambassador to IndiaYesterday, 10:29 GMT,CREA figures indicate that China overtook Germany in the first 100 days after the escalation of the Ukraine crisis in February, but that the European market still accounted for a majority of top ten importer nations during this period.,China was the biggest importer of Russian energy in the first 100 days after the invasion, according to @CREACleanAir, and India's rise this year has been dramatic. Still, Europe as a bloc has made up the bulk of Russia's energy sales https://t.co/O7rTG4iI0p pic.twitter.com/rVuXsPv1nU— Dan Murtaugh (@danmurtaugh) July 6, 2022,Combined with Russian discounts, the possibility of ruble-yuan payments (and a similar ruble-rupee scheme currently being finalized), the BRICS nations have enjoyed a dramatic ramping up of the type of ‘win-win’ cooperation consistently talked about by Chinese officials, with Moscow ‘winning’ new markets, and Beijing and Delhi a cheap and dependable source of energy.,Iran Asks to Join BRICS27 June, 17:19 GMT,Sanctions Rebound,The United States banned the import of most (but not all) Russian energy in March, with the European Union following suit in the months to follow by banning Russian coal and fertilizers (which is an energy-intensive sector), promising to “phase out” Russian oil, and searching for alternatives to Russian natural gas.,While these measures were meant to “punish” Russia for its military operation in Ukraine, their impact so far has been to send already high energy prices and inflation soaring, and sparking fears of a steep recession.,Germany, the European industrial giant accounting for more than a quarter of the EU’s GDP, has been hit hard by the self-inflicted dual calamities of inflation and spiking energy costs. On Sunday, German Trade Union Confederation chairwoman Yasmin Fahimi warned that “entire branches” of the country’s industry, including aluminum, glass and the chemical sectors, are at risk of “collapsing permanently” thanks to the gas shortages. Germany depended on Russia for 40 percent of its gas and a quarter of its oil before the escalation of the Ukraine crisis.,No Plan C: Europe Facing Trouble as Norway's Oil, Gas Production DecliningYesterday, 15:27 GMT,Even the US, where Russian crude oil accounted for just one percent of total consumption in 2021, has been affected by the Biden administration’s energy ban, with gasoline prices setting records and sending shockwaves of price hikes reverberating on all other sectors of the economy dependent on road transport.,US and EU officials have reacted with general indifference to ordinary citizens’ economic distress, with President Biden blaming Russia and calling inflation and the gas price jump “Putin’s price hike,” while in Brussels, European Commission President Ursula von der Leyen has recommended that people simply ‘turn down the thermostat a couple degrees’ to compensate for lost Russian energy. On Monday, EU high representative for foreign affairs and security policy Josep Borrell admitted that the transition away from Russian gas and oil is creating “serious difficulties” for members’ economies, but stressed that “this is the price which we must pay to defend our democracies and international law.”。    South African-American actor Arnold Vosloo is all set to debut in Indian cinema. Best known for his chilling turn as villain in films like The Mummy (1999) and The Mummy Returns (2001), Hollywood actor Arnold Vosloo has reportedly joined the cast of Vijay Deverakonda's film. Tentatively titled, VD14, the period drama is being directed by Rahul Sankrityan.          Arnold to debut in Indian cinema     Arnold Vosloo was spotted on the sets of Vijay Deverakonda's film, VD14, accompanied by actor Vinod Sagar. The picture has sparked fresh buzz around the project and has quickly gained traction on social media. Many netizens have started predicting that The Mummy star will play antagonist opposite Vijay in the film. Since the film is set between 1854 and 1878, during the British colonial rule, many speculate that Vosloo may play a Brit officer. The plot is reportedly inspired from historical events, exploring themes of resistance, revolt and identity. Director Rahul Sankrityan reportedly chanced upon Arnold after his impressive filmography. VD14 marks a reunion of Vijay Deverakonda and Rahul Sankrityan after their successful earlier collaboration Taxiwaala (2018). The film’s first look was unveiled on Vijay’s birthday (May 8). The poster shows the young actor like a meditating warrior. The also touches Rayalaseema backdrop, and Vijay will speak in the region's accent for the first time.          Two films are extremely demanding     Meanwhile, Vijay Deverakonda made a revelation on what he is doing it for the first time. In what is called an ‘update to the fans,’ the actor surprised himself by working on two films. He also added that both films are extremely so demanding that they have taken his life. Vijay also gave a sneak peek into what’s happening in his life of late. From new watch collection to gadgets to not missing out on anything that’s spiritual(pooja), Vijay reveals that he’s always trained and game for the war. Also Read: It’s Vijay Devarakonda’s birthday today! Take a look at his top songs today。

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