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natural resources

MOL Discovers New Oil Deposit in Hungary

The new oil deposit has been found by MOL in collaboration with another Hungarian company, O&GD Central Ltd. The new site is currently producing around 1,000 barrels of crude oil per day….
City sign of Birobidzhan, JAO, Russia

Yevreyskaya, the Jewish Autonomous Oblast of the Russian Federation

‘Ideologically, the notion of a Jewish autonomous region resonated deeply with the socialist ethos of equality and collective ownership championed by the Bolsheviks, principles that find resonance in Article 6 of the Russian Constitution. This constitutional provision affirms the socialist…
El Salvador’s President Nayib Bukele addresses his supporters from the balcony of the Presidential Palace in San Salvador after his re-election in the 4 February 2024 presidential election.

El Salvador: A Lesson in Geopolitical Leverage

US foreign policy is set ‘to remain volatile and subject to disruption with changes of government and the whims of the political class. For a country like Hungary—arguably lacking the same geopolitical leverage vis-à-vis Washington—the Salvadoran reality might not offer…

The Importance of Nature in the Economy — The Failed Experiment of the Physiocrats

Physiocracy played only an episodic role in modern economic political thinking and, therefore, so did the perspective that linked the economy’s performance and ability to produce value to nature….

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