Putin Turns The Screws: Gazprom Unexpectedly Halts Another Nord Stream Turbine Cutting Flows In Half; European Gas Prices Soar TYLER DURDEN Europeans, and especially Germans, breathed a sigh of relief last Thursday when, amid fears […]
German Government Bails Out Uniper From Energy Crisis TYLER DURDEN German energy giant and distressed natural gas utility Uniper, which is among the companies heavily exposed to Russian NatGas, secured a bailout with the German […]
ER Editor: See also this RT piece titled Italian PM Draghi confirms resignation. ******** Draghi Resigns As Premier, Plunging Italy Into New Political Crisis; Euro, Bonds Slide TYLER DURDEN Mario Draghi has resigned as Italy’s […]
EU to soften Russia sanctions – Reuters SAMIZDAT RT The European Union is planning to amend its sanctions on Moscow to facilitate trade in food and fertilizers, Reuters reported on Tuesday. The changes will allow EU nations to […]
ER Editor: We’re doing two reports here, one from Dutch outlet Front Nieuws and one from Zerohedge. A reminder that to declare ‘force majeure’ in the operation of a contract is to free both parties […]
ER Editor: Readers may appreciate this Politico.eu (MSM warning) piece from last month. See Commission staff get pay raise — against its own advice Readers will further appreciate that EU officials, whose salaries are indexed […]
ER Editor: This comes after Iran and Argentina had already applied to join. The non-Western world regroups to function optimally … See also this report by Lucas Leiroz: Saudi Arabia, Egypt and Turkey Could Join […]
ER Editor: Because six rounds of sanctions were so highly effective. ******** EU Readying 7th Round Of Anti-Russia Sanctions, Even As Oil Price-Cap Likely Shelved TYLER DURDEN Weeks after the EU imposed its 6th round […]
ER Editor: A declining euro will certainly make those already expensive US LNG purchases even more expensive. Bravo, EU! ******** Euro Tumbles To Dollar Parity For First Time Since 2002 TYLER DURDEN The Euro is […]
ER Editor: The Belgian government has been planning this incremental move toward a cash ban by ensuring that shops have electronic payment options. This was planned in 2021 for implementation by July 1, 2022. See […]
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