International Market Analysis

 

Category Archives: In The News

U.S. Loses, Russia And China Win With Keystone XL Closure

The Canadian effort to sway President Biden to license for the Keystone XL pipeline has failed, leaving TransCanada (TC) Energy to formally scrap the contentious $9 billion project. While doubtless appealing to environmental activists, this is a massive geopolitical blunder by the Biden Administration, putting politics and ideology in front of national interests. Continued

Pipeline Cyber Attack Demands Reevaluation Of U.S. Infrastructure Security

Last Friday, a cyber-attack was conducted against the Alpharetta-based Colonial Pipeline, which spans 5,500 miles from Houston to the Port of New York and New Jersey and meets 45% of the East Coast’s fuel needs. The ransomware attack is believed to have been perpetrated by criminal hacker syndicate ‘Darkside.’ Even though the breach targeted business rather than

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Energy sanctions can prevent a new Russian offensive in Ukraine

A major Russian military buildup on the border with Ukraine has recently sparked fears of a potentially dramatic escalation in the simmering seven-year conflict between the two countries. Although tensions have eased somewhat following Moscow’s April 22 announcement of troop withdrawals, the threat of a new Russian offensive remains. Continued

To Deter Russia, Hit Them Where It Hurts

On Thursday April 15, President Biden imposed long-awaited sanctions on Russia, blaming the Kremlin for the SolarWinds hack that breached U.S. government agencies and American companies. The sanctions are aimed at Russia’s disinformation efforts and the occupation of Crimea, along with its recent military buildup and exercises on the Ukraine border. Ten Russian diplomats were expelled as a result. 

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