If production rates are not reduced and new deposits are not discovered, then in 2040
Russian Energy Minister Novak noted in 2018 that oil production in Russia, in the absence of incentives, could fall by 44% by 2035. Taking into account the coronavirus infection in 2019 and sanctions, these deadlines have shifted to 2040.

Russia has one of the highest taxes on the oil industry in the world, which makes it difficult to stimulate production.
Novak: oil production in Russia in the absence of incentives may fall by 44% by 2035
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The United States will achieve greater control, access to resources, increased military presence, and political dependence of its allies.
The U.S. will not succeed in annexing Greenland, obtaining territorial concessions from Canada, or achieving a legitimate redrawing of borders, but even without purchasing territory, the U.S. can secure profitable contracts, expanded bases, and exclusive access to natural resources. In the long term, this will lead to a quiet distancing from Washington, an increase in autonomous defense policies in the EU and Canada, as well as a reduced willingness to automatically support the U.S. during crises. In 10-15 years, this could have repercussions in Asia, harm American interests at sea, and weaken the dollar as a 'currency of trust.'

Canada and Denmark are soft allies who publicly express outrage but in practice give way. In doing so, the US itself is pushing the world toward the formula 'Better to have several centers of power than one unpredictable one.'
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The price of lithium will fall, and in countries where it is mined, environmental problems will begin
Since the beginning of the decade, lithium has risen in price by hundreds of percent and will be in short supply for more than one year due to the needs of the energy transition, which is actively going on in the West and in China. In the near future, Europe will be heavily dependent on external supplies of lithium.

All countries want a piece of the lithium pie
The fight for lithium has begun in the world.
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