Data and Financial Journalist
Despite sanctions, Russia’s crude oil exports remain robust, but trade flows have pivoted from Europe to Asia, with China and India now the top buyers. India’s growing imports—and its refusal to join Western sanctions—have triggered steep new U.S. tariffs.
In his second presidency, Trump has repeatedly mentioned taking Greenland from Denmark and retaking the Panama Canal.Together, these trade routes underscore the complexities of international cooperation, climate change, and economic interests shaping the future of global commerce. I take a deep dive into the what’s behind these trade routes and why countries like the U.S., China and Russia are interested in them.
Central bank purchases have been key in driving up gold, often considered a haven in times of uncertainty and turmoil. Global uncertainties and the Federal Reserve slashing interest rates this year giving bullion a lift.
The changing relations of China and Russia are also not based purely through partnerships but also through their support in each another’s projects. Russia has been supporting China’s ambitious infrastructural projects like the Silk Road project and the Eurasian integration project, which connects China with Europe via Russia.