Russia Africa Summit

Ukraine Invasion Reshapes Russia’s Energy Links with Africa

Russia’s invasion of Ukraine prompted a shift in energy cooperation with African countries, once considered a priority for future upstream investment. Western sanctions have increased the importance of alternative energy partners and markets, including Africa, for Russia. Following the visits of several Russian delegations to African countries to discuss increased cooperation since the outbreak of…

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North American Transborder Freight - US Canada , US Mexico Freight

North American Transborder Freight Plunges 2.3% – Troubling Economic Sign?

In May 2023, transborder freight between the United States and its North American neighbors, Canada and Mexico, experienced a notable dip across various transportation modes. A comprehensive report released by the Department of Transportation highlights key insights, revealing how total transborder freight valued at $136.2 billion moved across borders through different transportation channels. The movement…

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US Real Estate

Further Escalation of Distress in the US Real Estate Sector

The amount of distress in the U.S. Commercial Real Estate increased to USD 71.8 billion during the middle of the year, marking the fourth consecutive quarter of growth. Distress refers to financially troubled assets and properties taken back by lenders. In the last quarter, distress exceeded property owner and lender workouts by approximately USD 8…

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