Press review: EU heads for more restrictions on Russia and coal price forecasts double – Press review
Kommersant: EU plans to expand sanctions against Russia
The European Parliament voted on a new report on Russia, which called its foreign policy “aggressive and revisionist”. Strasbourg regards the Kremlin as “the main threat to the security of Europe” and proposes to impose sanctions on its armed forces, its special services and the oil and gas sector, in addition to excluding the country from the SWIFT system, writes Kommersant.
The report itself is an overview of Russian foreign and domestic policy over the past decade at least. The European Parliament voted on the report on Wednesday, with the results expected Thursday, however, surprises here are almost impossible, the newspaper writes.
Meanwhile, Russia also has a lot of questions for the European Union. In particular, Russian Foreign Minister Sergei Lavrov was particularly outraged by the de facto call to ban EU countries from developing relations with Russia. And the Russian Federation Council accused the European Parliament of direct interference in Russia’s internal affairs, promising to discuss the matter on Thursday.
The deputy director of the Center for Deep European and International Studies at the Higher School of Economics, Valdai Club expert Dmitry Suslov told Kommersant that the EU will not abandon its current strategy of combining electoral dialogue and political confinement. “Relations between Russia and the EU will not improve in the near future. At the very least, the current level of confrontation will remain, but more likely, the hostile rhetoric will be even greater,” he said. Explain.
Regarding the report, the expert believes that the EU is unlikely to agree on the implementation of these recommendations. “The reports of the European Parliament should be seen as a barometer of the state of relations, and not as a direct guide to action,” he noted.
Izvestia: SCO plans to discuss Afghanistan
Shanghai Cooperation Organization (SCO) will celebrate its 20th anniversary in Dushanbe on September 16-17, the city will host several high-level events: CSTO Collective Security Council Meeting, Heads of State Summit and government of the SCO, as well as joint meetings of the leaders of the two organizations. A source in diplomatic circles told Izvestia that SCO leaders plan to summarize the results of the organization’s activities and outline plans for its future development. It could start with welcoming Iran to the SCO.
“The current theme is dedicated to the 20th anniversary of the SCO. The leaders of the countries will reflect on the results, define the plans for the development and the interaction of the organization,” a Russian diplomatic source told Izvestia.
One of the plans could be to start the process of admitting Iran to the SCO. The country applied to join the organization in 2008, but membership has not been agreed for many years due to UN Security Council sanctions against Tehran. “There were certain questions for the country. And now, to a certain extent, those obstacles can be considered lifted,” the source told the newspaper.
The organization will also discuss Afghanistan, although the country, which has had observer status in the organization since 2012, will not be directly represented. However, one of the diplomats close to the preparations for the event told Izvestia that there are no plans to sign joint documents based on the discussion. “The OCS platform is rarely used for divisive matters, and such things are never shown to the public. The behavior of the OCS involves discussing differences and issues in a close circle with only leaders of SCO member states, “said a SCO diplomat. Izvestia.
Kommersant: North Korea challenges the United States and its allies in Asia
North Korea’s recent ballistic missile tests put the Korean crisis back on the global agenda at the 76th session of the United Nations General Assembly. Meanwhile, Japan and South Korea are taking urgent action to neutralize the threat from Pyongyang. Experts interviewed by Kommersant believe that the new missile launches show that North Korea does not want to respect international bans and plans to harm US positions in the Indo-Pacific region.
“The ballistic missiles that have been tested could be of a new type of weapon, which has been actively developed in North Korea in recent years. Testing such missiles sends a signal to the United States and South Korea that Pyongyang is ready to harden its position even At the same time, given that South Korea has tested its ballistic missiles for submarines, there is a mutual process of increasing tensions, ”said Vasily Kashin, deputy director of the Center for Comprehensive European and International Studies at the Higher School of Economics, says Kommersant.
“The main objective of recent missile launches is not military, but political,” former Russian ambassador to South Korea Gleb Ivashentsov told the newspaper. According to him, Pyongyang considers it necessary to be ready not only for dialogue but also for confrontation.
Meanwhile, the chief researcher of the US-Canadian Institute of the Russian Academy of Sciences, Vladimir Batyuk, believes that North Korea’s tests have become a “serious challenge to military positions. US policies in the Indo-Pacific region “.
Izvestia: European Union postpones integration of Balkans
Serbia and Montenegro may not join the European Union until 2025, the European Parliament said in Izvestia, noting that other Balkan countries, including Albania, are even moving away from the goals of such integration. Meanwhile, German Chancellor Angela Merkel has said that integrating the Balkans is in the EU’s geostrategic interest, however long it may take due to the candidates’ lag behind European standards.
The debate on the accession of the Balkan countries to the EU has been going on for several years. According to the 2018 European Commission forecast, Serbia and Montenegro could join the EU before 2025.
Serbian National Assembly MP Jovan Palalic told Izvestia that the country hopes to join the European Union by 2025 and is doing everything possible to achieve it, but so far this deadline seems unrealistic.
Montenegro shows the same skepticism – President of the Parliamentary Defense and Security Council Milan Knezevic told Izvestia that all citizens of Montenegro want to join the EU, but the government may not no time to bring laws into line with European standards by 2025.
According to Serbian political scientist Stevan Gajic, even the EU itself needs reform right now, so adding new members is not on its immediate agenda. According to him, no Balkan state can join the organization before 2025, as the region is clearly not a priority issue for the Union at the moment, he told Izvestia.
Vedomosti: coal prices rise against a background of market scarcity and soaring gas prices
The average price of thermal coal in Asia (FOB Newcastle) in the fourth quarter of 2021 could reach $ 190 per tonne, Goldman Sachs wrote in its review. The bank had previously forecast a price of $ 100 per tonne, which means projections have nearly doubled. Goldman Sachs has also revised its forecast for the price of power coal for 2022 – from $ 85 to $ 120 per tonne. According to Vedomosti, the rise in coal prices may be the result of a coal shortage due to the recovery in demand for electricity and problems with coal production in major producing countries.
Boris Krasnozhenov, head of Alfa-Bank’s securities market analysis department, told the newspaper that the rise in coal prices in Asia is due to several factors, including the rapid development of the Chinese economy and coal production in Asia, lower investment in new mining projects. , as well as declining supplies from Indonesia and Australia due to climatic factors and restrictions caused by the pandemic.
The main reasons for the rise in coal prices are rising gas prices and China’s persistent supply problems due to disputes with Australia, said NRA rating service chief executive Sergey Grishunin. The first issue is expected to be resolved soon, but political relations between China and Australia are difficult to predict, he told the newspaper.
According to BCS World of Investments asset manager Vitaly Gromadin, the current extreme price situation will not have a long-term impact on the coal market. For example, the United States plans to completely phase out coal-fired power generation by 2030.
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