In the short run, the world will face severe shortages, and Russia will get more money for less oil and gas. Starting in very few years, however, the demand for fossil fuels will go down sharply.
The trade preferences through the Most-Favoured Nation remains one of international trade law’s core principles but it is changing due to recent events in Ukraine, with several states revoking MFN as a sanctioning tool.
Francesca Andreini is an Italian diplomatic spouse and a writer, she has managed to define her role into the diplomatic world and find her own path, while accompanying her husband.
