In comments to the post on Kosovo, Alex Harrowell asked the following reasonable question:
“How can you have something that’s both a “mineral resource grab” and an “economic black hole”?”
The short answer: you can, because it’s Kosovo.
Here’s why. There has been no serious investment in those mines since the Yugoslav economy hit the skids in [...]

No, this is not a Litvinenko post…or at least not primarily. Recently, the Georgian ex-KGB said it had caught a Russian smuggling highly-enriched uranium into Georgia, who was nailed in a sting operation where Georgian agents posed as representatives of an Islamist terrorist group that wanted to buy fissile material. He handed over a sample, [...]

An unacknowledged fact of world economics is the role of command or planning mechanisms in what is held to be a global market economy. J.K. Galbraith raised the point that large companies are in a sense planned economies within their walls, with technical and commercial decisions made by management, wage and pricing structures determined either [...]

Sargasso, Dutch weblog and co-nominee in the recent BOB’s has a very interesting post on European energy policy, which prompted me to address the issue here as well. The point of my own post here on AFOE is not to elaborate extensively on European energy policy, I simply do not have the time right [...]

Battle may be about to be joined. EU competition commissioner Neelie Kroes is back in the news. She made a speech yesterday, and in that speech she suggested that the golden days of the EUs unreformed energy giants may be numbered, as the European Commission is considering launching an onslaught on monopolistic [...]

Well the new EU energy plan has been released (and here, and you can also find the actual Commission statement here). The final product is pretty much as the leaks suggested.
As was indicated yesterday, Russia related concerns are central. The FT comments:
Russia supplies a quarter of Europe’s gas needs and the Union’s dependence [...]

Yes we are really, aren’t we. Especially if we are called Arcelor, or Danone, or Endesa, or Eni, or Enel, or Banca Antonveneta or Pekao. And what these champions have in common, and it is this which sets them so much apart from their footballing equivalents, is not the ability to win anything, but [...]

Little known Moldova has been in the news at Afoe recently (here, and here), and today the story continues:
Russia’s use of energy as a political tool was in the spotlight again on Wednesday as the European Union expressed concern about Moscow’s dispute with Moldova over gas prices…….On Wednesday the European Commission urged Russia and Moldova [...]

The question as to whether or not Russia ” truly belongs in the prestigious Group of Eight (G-8) advanced liberal democratic market economies”, and even more to the point, whether it is in a fitting condition to take the helm in that organisation is a question which was asked by Taras [...]

Here’s the link to the EU Energy green paper I mentioned yesterday. As is to be expected, the report is ‘fair and balanced’. The section on nuclear energy focuses mainly on the sovereign decision making process as to its adoption and emphasises the role of Brussels in ensuring environmental safety. It does, however, contain this [...]