Today, even forecasting oil prices on world market does not require economic modeling. It is more like divination than a scientific field that requires econometric calculations.As an economist, I think of two things about the energy sector in the world today:How long will oil price fluctuations last during a pandemic and how long will the economic recession be replaced by growth?How long will the world's oil reserves last under current conditions...
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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