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Romania: Shale Gas and Geopolitics

Twenty Romanian cities have been hit by the protests against the government’s decision to start shale gas extraction... The manifestations have spread to the neighboring Bulgaria. Those who sympathize with the Romanian demonstrators went to the streets of Dobrich, the ninth most populated city in Bulgaria, the administrative centre of Dobrich Province and the capital of the region of Southern Dobrudzha. If shale extraction starts in Romania, the city and its hydro resources will be affected...

Vladislav GULEVICH | 19.04.2013




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OUR COLUMNIST
    Valentin KATASONOV

Washington’s Banking Sanctions – Formal and Informal

...Since 1 April 2009, American financial regulators have fined European banks 32 times totalling nearly $25 billion... On 30 June 2014, the French bank BNP Paribas, which ranks fourth in the world in terms of assets and second in France, agreed to pay US authorities a record $9-billion fine. The bank’s management is charged with helping its Sudanese, Iranian and Cuban clients carry out dollar transactions banned by the US sanctions regime. In the coming months, giants of European banking like the German Kommerzbank and Deutsche Bank, French Credit Agricole and Societe Generale, and Italian Unicredit, among others, could also be subject to penalties...

30.07.2014
 
 
 
 
 
 
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