Editor’s Note:

Friday, July 30, 2021

In their joint statement on Nord Stream 2, Berlin and Washington repeatedly threaten to retaliate if Russia uses “energy as a weapon.” Why threaten? Why not act now? It is happening now. Gazprom is pinching the EU’s gas hose, driving prices up to unprecedented levels. The Kremlin is betting that Europeans will scream for price relief this winter. And relief will come in the shape of Nord Stream 2. In a twofer, the Kremlin’s move also will rile up Ukrainian rate payers, turning them against the government. When is a weapon not a weapon? With Best Regards Jim Brooke

Support UBN team
Previous post

Arrival of a $700 million IMF tranche has been put off to the fall.

Next post

To speed up demolition of the 1950s-era Khrushchovky,

Previous Main Topics