Author: Dejan Pantic

OFAC stopped the sale of Serbia’s NIS subsidiary companies in Romania, Bulgaria and Bosnia and Herzegovina

The Serbian Oil Industry NIS, faces additional problems due to sanctions resulting in closed gas stations and blocked accounts across Romania, Bulgaria, and Bosnia and Herzegovina. Cumulatively, losses amount to around 360 million euros, burdening Serbian taxpayers and shareholders, while attempts to sell subsidiaries have stalled due to OFAC sanctions.

Serbian media: Serbia lacks 216,000 tons of crude oil per month, MOL fire could affect the fuel supply to Serbia from Hungary

Serbian media reported Serbia's need to import 216,000 tons of crude oil monthly due to US sanctions affecting the NIS. Following US sanctions, Serbian oil quandaries multiply after the EU decision to halt gas transit to Serbia through Bulgaria next year, and a fire in a Hungarian oil refinery that might affect fuel supply to Serbia.

Illiberalism and The Global South are fueled by the Mandate of Heaven

Illiberal political movements in Europe, associated with their ideological allies from Russia, China, and the Global South, cannot be countered by the committees of overthinking everything in existence that are the staple of European mainstream politics, that is doing itself a disservice by getting dragged into foreign cultural conflicts and upholding foreign values that go against rationalism and the Enlightenment.

Deus Ex – A gamer’s perspective on techbro eschatology

The global case of life imitating art - "Deus Ex," a 2000 sci-fi action role-playing game, explores themes of conspiracy involving billionaires and officials aiming to unleash chaos for power. Amidst current tech magnates' dystopian rhetoric, the game serves as a reminder that reality diverges from gaming. The fallibility of tech elites suggests their catastrophic visions may lead to inevitable market failures rather than dystopia.

Croatian JANAF pipeline stands to lose up to 18 million Euros after Serbian NIS hit with sanctions

The American sanctions on Serbia's Oil Industry might lead to significant financial losses for Croatia's Adriatic Pipeline (JANAF). Croatia put forward a feeler to acquire control over Serbia's Oil Industry (NIS) to stabilize JANAF's operations, sparking political banter between Croatian and Serbian leaders, which reflects old Balkan rivalries and energy independence goals.