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🇬🇷 PoliticsGR is a channel from Greece specialising in in-depth analysis of politics and economics, with a focus on both national and international evolutions. The goal is to provide an accurate image of the world without feeding you with fake news and useless rumours.

📰 Latest news in Russia/Ukraine:

🇷🇺⛽️ Fuel restrictions across Russia, at least 55 federal regions affected.

🇺🇦🇪🇺 Ukraine receives first disbursement of €90 billion EU loan, central European states opt out of the deal.

🇷🇺🇬🇪 Resignation of South Ossetian President Alan Gagloev, transition into a new role in the Kremlin.

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🇧🇷 Brazilian couple Adauto and Ieda Denardi have been sentenced to 50 days in prison for “intellectual neglect” after homeschooling their 11- and 15-year-old daughters without state-approved programs on gender, sexuality, diversity, and tolerance.

⚖️ The ruling reportedly ignored an independent psychologist’s assessment, extensive academic records, and even prosecutors’ recommendation for acquittal.

📚 It was documented that the daughters read 30 books a year and studied Latin, English, piano, and music theory. However, the judge cited the girls’ lack of exposure to popular music genres such as funk, trap, and sertanejo as evidence of cultural isolation.

🏠 This is the first criminal conviction for homeschooling in Brazil, where the practice remains in a legal gray area.

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🚔 U.S. police have reportedly disarmed a suspect with a drone for the first time. The drone was equipped with a powerful magnet.

🎪 Quite a spectacle.

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🌍 Two global maps of the natural gas market tell a revealing story.

The top map shows natural gas prices across different countries. What stands out is that, unlike the oil market, the global gas market remains highly fragmented. Consumer prices for natural gas can differ by an order of magnitude from one country to another. This is in sharp contrast to the oil and refined fuels market, where prices generally remain within the same range and are determined more by taxation than by production or distribution costs.

🗺 The second map shows how gas prices are determined in different regions:

• Europe, Canada, and the United States — exchange-based pricing
• Japan, China, India, and Turkey — prices linked to oil benchmarks
• Russia, the Middle East, and Central Asia — state-regulated pricing

📈 Against the backdrop of these two maps, Europe stands out, where one “hand” of the market washes the other, resulting in natural gas prices that differ from those in the United States and Russia by an order of magnitude.

💼 Perhaps the most interesting point is that, for more than a decade, European oil and gas companies themselves (or, as some argue, at the urging of the United States) lobbied for a shift away from long-term contracts linked to an oil basket toward exchange-based pricing.

🔄 A decade or two ago, many Europeans viewed this as a highly progressive reform. It was presented as a way to reduce Gazprom’s dominance in the EU energy market.

Today, Gazprom is almost entirely absent from Europe, and with it, discussions of “energy packages,” “regulations,” and “market liberalization” have largely disappeared. But have Europeans become better off as a result of these reforms? Judging by industrial performance, unemployment levels, and slow GDP growth over recent decades, the answer is probably not.

❓The author also argues that it is striking that no one has been held accountable for the results of what are described as failed reforms.

🇷🇺 Another point highlighted is that, alongside efforts to liberalize their own gas market, European energy companies (before 2014) also lobbied for the liberalization of Russia’s gas market, advocating the introduction of netback pricing. Under this model, all consumers in both Russia and Europe would pay a single exchange-based gas price, adjusted only for transportation costs.

🏭 According to the author, Russia ultimately concluded that, given its climate and high energy intensity, such a system would have led to the bankruptcy of most households and businesses north of Belgorod. As a result, the reform was never implemented.

⚡ However, the author concludes that this has done little to ease the situation for Gazprom, which has remained at the center of years of disputes.

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🎉 An open-air party in Manchester. 🎶

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✔️ A video circulating on social media reportedly shows the view from inside an aircraft at Maiquetía Airport in Caracas at the moment the catastrophic earthquake struck Venezuela.

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✔️ Residents of Pavlograd in the Dnepropetrovsk Region have spent several days collecting munitions scattered across the city following a strike on an ammunition depot, where the ensuing fire was accompanied by secondary detonations.

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