Albania has emerged as a leader in the Western Balkans region in the production of crude oil and the consumption of renewable energy sources in its own energy mix. It is a small country in terms of area (28,000 km2) and population (2.8 million), which carefully plans its energy policy. Albania, through the implementation of EU standards and efficient modernization of its energy infrastructure, has been introducing new legal documents for two decades, which facilitate the development of renewable energy sources in Albania and the reduction of greenhouse gas and CO2 emissions to the atmosphere. With the signing of the “European Union Energy Community Treaty”, Albania has committed to increasing the share of renewable energy sources in its energy mix by 38% by 2020.
On May 18, Sweden and Finland applied to join NATO. After the accession protocols were signed on July 5, the protocols are currently being ratified by each member state. Until July 14, twelve out of the thirty member states have done so. It is expected that Sweden and Finland will become full members of NATO by the end of the year.
Nord Stream AG has temporarily stopped the supply of gas from Russia to Europe through the Nord Stream 1 gas pipeline, due to scheduled annual preventive maintenance. The pipeline system is scheduled to be deactivated from July 11 to July 21. During this period, a test of mechanical components and automation systems will be carried out “to guarantee the effective, safe and reliable operation of the gas pipeline”.
The party of Prime Minister Fumio Kishida, LDP (Liberal Democratic Party) won Sunday’s elections to the upper house of the Japanese parliament. Together with its coalition partner, Komeito, the ruling camp won 76 seats, 70 of which were won by the LDP. Despite the death of Prime Minister Shinzo Abe, on Sunday, 07/10/22, Prime Minister Kishida’s party won a parliamentary majority in the upper house. The government coalition exceeded the required 125 seats to achieve a parliamentary majority. Currently, there are 146 councilors from the above-mentioned ruling camp in the chamber. The opposition as a camp fighting for the votes of the LDP voters, in the form of: conservatives from the Japanese Innovation Party, center-rightists from the DPP (Democratic Party for The People), liberals from the CDP (Constitutial Democratic Party) and communists from the Japanese Communist Party, won in Sunday elections 46 seats, giving them a maximum of 102 seats in the upper house.
Since Russia started its war against Ukraine, Western countries have provided military support for Ukraine. Do the western supplies actually build up the Ukrainian military, or are they just a replenishment for constant Ukrainian losses on the battlefield?
On July 10, elections to the upper house of parliament in Japan will be held. According to experts, the current prime minister, Fumio Kishida, has an advantage over his political opponents. They are Yuichiro Tamaki from DPP and Ichiro Matsui from Innovation for Japan. In domestic politics, according to a Nikke poll, Prime Minister Kushida’s party has not been successful in terms of image among the public, due to the rising prices on the fuel market since the beginning of the war in Ukraine, from February 2022. In 2019, the nationalists from the LDP in the coalition with Komaito won the election to the upper house. Currently, the LDP needs 55 seats in the upper house to take it over and run the overall parliament of the Diet. In the current context, the LDP’s biggest rival, the Constitutial Democratic Party, represents the greatest threat to the LDP in the House of Councilors.
At the beginning, the historic significance of the summit was explained by NATO’s Deputy General Secretary Mircea Geoana at the NATO Public Forum: “It is the most important summit for generations. Generations that never believed that after the atrocities of the First and Second World War, war is still possible in our continent. It shattered the assumptions in which our societies, our security, our economies were built.”
From June 28th to June 30th the NATO summit 2022 will take place in Madrid. It will be attended by the Heads of State and Government of every member state as well as by NATO’s pacific partners Australia, New Zealand, Japan and South Korea.
The concept of Corporate Social Responsibility (CSR) in China was firstly adopted after 1978 when Deng Xiaoping decided to open the country for foreign investors. The process of restructuring the China’s economy had a huge impact on the development of CSR.
The World Economic Forum was founded in 1971 by the German business professor Klaus W. Schwab. It is a forum for exchanging opinions and discussing the greatest (not only economic) problems of the modern world. Leading businessmen, politicians and scientists take part in these meetings. Usually it takes place in January, but exceptionally this year it has been postponed due to the Covid-19 pandemic.
The remarkable economic growth of China caused by its economic transition towards a free market economy has brought fundamental changes that have become the subject of many disputes across the world about the potential integration of the Chinese economy with the rest of the world. Going further, some particular events like an accession to the World Trade Organisation, have made China a more open economy.
In Afghanistan, many restrictions have been imposed on women by the Taliban Ministry since the Taliban took power. Initially, women working in television were required to cover their hair with scarves, while a few days ago, more stringent requirements were imposed, such as covering the entire face.
Siemens stated this Thursday, that it will exit the Russian market, due to the war in Ukraine resulting in losses and charges, which led to lower profits during its fiscal second quarter, at its train-making business.
In addressing the French parliamentarians on March 23rd, the President of Ukraine Volodymyr Zelenskyy asked for “more help” and “more support”. To convince his audience, he compared Mariupol to Verdun. The memory of the Great War is important for French people and Zelenskyy knew it as he unfolded his argumentative speech.