Jared Kushner gives up on the Belgrade project: Another victory of Serbian nationalism

Jared Kushner withdrew from a real estate project in Belgrade amid an indictment against several officials for corruption, but Affinity Partners can sue for reimbursement of expenses. The site, often labeled a "historic landmark," is essentially a derelict ruin. Protests against Kushner's investment reflect long-standing anti-Western sentiment in Serbia. There's nothing to celebrate about this.

Oil sanctions in Serbia: The nationalization debate that never was

The Romanian government has decreed control over the assets of Lukoil. In contrast, Serbia shows no intent to adopt similar measures despite the Pancevo Oil Refinery shutting down due to sanctions on the Serbian Oil Industry. Serbian leaders express confusion over U.S. sanctions but refrain from exploring nationalization options, most likely due to local political rationale.

ADNOC Negotiates to Purchase NIS Stake Amid US Sanctions

Abu Dhabi National Oil Company is negotiating to acquire the Russian stake in Serbia’s NIS amid U.S. sanctions affecting the Serbian oil industry. The agreement's future is uncertain, with U.S. sanctions complicating transactions. NIS applied for a license to facilitate negotiations regarding its ownership structure. Neither ADNOC nor the Kremlin has commented.

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.