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Checkmate Putin: Nord Stream 2 will happen, Merkel needs the pipeline to stay in power (Video)

The Duran – News in Review – Episode 87.

Alex Christoforou

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The calls to cancel the controversial planned pipeline Nord Stream 2 were coming from the US, Ukraine, and various EU member states, but it all fell on deaf ears. Nord Stream 2 is a reality, and no amount of US LNG dreaming appears to be changing this fact.

Germany needs Russian gas. Russian gas is substantially more cost effective than US LNG hauled all the way from the States, and at the end of the day, Angela Merkel needs Nord Stream 2 to keep her in power. Putin knows this, and so during his meeting with Merkel in Berlin, a confident Russian President laid down the positive economic realities for Germany and the precarious position of Ukraine gas transit.

Putin and Merkel did discuss a variety of hot button issues other than Nord Stream 2 including the war in Syria, the situation in Ukraine and Iran. But the most pressing issue discussed was Nord Stream 2.

Investors needed a strong signal that the project is a go…despite POTUS Trump’s rhetoric regarding the pipeline at last month’s NATO summit in Brussels.

The Trump administration has threatened to sanction European companies investing in Nord Stream 2, possibly as early as October. Washington says the Russian pipeline threatens European energy security, while Moscow points out that this latest US initiative to stop the project is nothing more than a shakedown to force European countries to buy American liquified natural gas.

The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris break down the meeting between Vladimir Putin and Angela Merkel, and how Nord Stream 2 dominated the agenda between the two leaders.

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Via Forbes

Ahead of this weekend’s meeting in Meseberg, near Berlin, Merkel came under significant pressure to tell Putin once and for all that the pipeline is off – or at least demand concessions in exchange for its continued construction.

The criticism came even from leading members of her conservative bloc. Manfred Weber, head of her center-right EPP group in the European Parliament, and Norbert Röttgen, chairman of the German parliament’s foreign affairs committee, signed a joint letter to the chancellor with politicians from other parties demanding that she call off the project. “European energy supply and solidarity with our neighbors speak against Nord Stream 2,” they wrote.

This, of course, comes in addition to the intense pressure from Germany’s Eastern European neighbors and Washington, who say the pipeline is a threat to Europe’s energy security because it will make the continent even more dependent on Russian gas.

But the ‘iron chancellor’ would not be moved. She stressed at her joint appearance with Putin that the project is still on, and Putin agreed. “Germany is one of our country’s leading economic partners,” he said.

But Merkel repeated her insistence, first made in April, that the new pipeline cannot be an excuse to bypass the existing gas route through Ukraine. Washington and Warsaw have said the purpose of Nord Stream is to punish Ukraine. “If Nord Stream 2 comes about, Ukraine must play a role in gas transit to Europe,” Merkel said.

But Putin insisted that such gas transit should only be based on economic rather than political considerations, cleverly repeating phrasing used about Nord Stream 2 by Merkel herself a year ago. “I would like to stress, the main thing is that Ukrainian transit — which is traditional — meets economic demands,” he said.

*****

Russia delivered 53.4 billion cubic meters of gas to Germany last year, a figure Putin pointed out during the press conference with Merkel. This is up 13 percent from the year before, and makes Russia Germany’s largest gas provider.

While this might seem at first glance to make Germany “dependent” on Russian gas, as Trump said at the NATO summit, the details are more nuanced. While Russia is Germany’s biggest gas supplier, it provides only marginally more than the other two main providers – Norway and the Netherlands. Until 2015, each contributed roughly one-third to German gas supply. Now Russia has pulled slightly ahead, but is not yet dominant.

More to the point, gas only accounts for 23% of Germany’s primary energy use – and only 13.5% of the electricity generated at power plants. That means Russian gas accounts for just 4.3% of German power generation.

But while Trump was wrong to say Germany “is dependent” on Russian gas, he would not have been wrong to say the country is “becoming dependent”.

Germany is phasing out both nuclear and coal power. Renewables are developing rapidly because of the country’s Energiewende policy, but not fast enough to fill the gap this decommissioning will cause. Many expect gas to quickly fill the gap. And if more Russian gas suddenly comes flowing in, the country could very quickly find itself dependent on Moscow for energy.

The Nord Stream 2 pipeline, which would follow the route of an existing pipeline under the Baltic Sea, would more than double Germany’s Russian gas imports, from 53 billion to a maximum of 110 billion cubic metres. Much of that gas would likely then be sold on to the rest of Europe, increasing the whole continent’s dependence on Russian gas.

Despite these concerns, following this weekend’s Merkel-Putin summit investors seem confident the project is going ahead.

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Seán MurphyVolkerWoodyBoydthomas malthausHamletquest Recent comment authors
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Seán Murphy
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Seán Murphy

Why should Russian gas to Europe have to pass through the Ukraine, when, with the Nord Stream 2, it can bypass that woe begotten land? The Ukronazies don’t want anything to do with Russia, so why should they be responsible for gas transit, especially since they have been stealing Russian gas destined for Europe? Western politics should have no say in an economic situation.

Volker
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Volker

For nearly 150 years the US+UK empires tried to sabotages any kind of
alliances between Russia and Germany (and before that with Prussia as
well), Bismarck was very well aware of that.

WoodyBoyd
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WoodyBoyd

Yeah, damn the Ukrainians and full Nord Stream 2 ahead !! I mean what’s the worst that could happen when Germany is being overrun by third world migrants on one hand and now becoming dependent on a meglomanic for a major energy source on the other? And who really cares what happens to the Ukrainians now that Putin and Russia have effectively isolated them and turned off a major source of revenue that was somewhat keeping Moscow at bay? It’s all good…….for Putin!!! But hey, isn’t that what you want??? And for some I am sure it is……

thomas malthaus
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thomas malthaus

Merkel and Nord Stream 2 means less than Merkel and migrant deportation.The former is an easy analysis. As to migrants, she and Draghi will have to sweeten debt reduction deals with nations not wanting to accept them. I’m surprised she’s still chancellor.

The country is more leftist than I realized. It’s the Soros money.

Hamletquest
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Hamletquest

Excellent analysis of the Merkel and Putin meeting by Alexander Mercouris. All of this has been completely brushed under the carpet in the WMSM.

I agree entirely with Sean’s comment above – why should the rabidly Russo-phobic Ukraine Putschists, who control the government in Kiev with the continued support of the US, think they have any claim to transit Russian oil and gas to Europe? In fact given their total hostility to Russia why would they want it? Unless they are a craven set of criminals bent on extortion?

But then that is exactly what they are!

Latest

BREXIT chaos, as May’s cabinet crumbles (Video)

The Duran Quick Take: Episode 18.

Alex Christoforou

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The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris take a quick look at the various scenarios now facing a crumbling May government, as the Brexit Withdrawal Agreement is forcing cabinet members to resign in rapid succession. The weekend ahead is fraught with uncertainty for the UK and its position within, or outside, the European Union.

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If Theresa May’s ill-fated Brexit Withdrawal Agreement is eventually rejected this could trigger a vote of no confidence, snap elections or even a new referendum…

Here are six possible scenarios facing Theresa May and the UK (via The Guardian)

1 Parliament blocks Theresa May’s draft withdrawal agreement and political declarations

May faces an enormous task to win parliamentary approval, given that Labour, the SNP, the DUP and 51 Tories have said they will not vote for it.

If the remaining 27 EU member states sign off the draft agreement on 25 November, the government will have to win over MPs at a crucial vote in early December.

If May loses the vote, she has 21 days to put forward a new plan. If she wins, she is safe for now.

2 May withdraws the current draft agreement

The prime minister could decide that she will not get the draft agreement through parliament and could seek to renegotiate with the EU.

This would anger Tory backbenchers and Brussels and would be seen as a humiliation for her government. It might spark a leadership contest too.

3 Extend article 50

May could ask the European council to extend article 50, giving her more time to come up with a deal that could be passed by parliament – at present, the UK will leave on 29 March 2019.

Such a request would not necessarily be granted. Some EU governments are under pressure from populist parties to get the UK out of the EU as soon as possible.

4 Conservative MPs trigger a vote of no confidence in the prime minister

If Conservative MPs believe May is no longer fit for office, they could trigger a no-confidence vote.

Members of the European Research Group claim that Graham Brady, the chair of the powerful 1922 Committee, will receive the necessary 48 letters this week.

A vote could be held as soon as early next week. All Tory MPs would be asked to vote for or against their leader. If May wins, she cannot be challenged for at least 12 months. If she loses, there would be a leadership contest to decide who will become prime minister.

5 General election – three possible routes

If May fails to get support for the current deal, she could call a snap general election.

She would table a parliamentary vote for a general election that would have to be passed by two thirds of MPs. She would then set an election date, which could be by the end of January.

This is an unlikely option. May’s political credibility was severely damaged when she called a snap election in 2017, leading to the loss of the Conservative party’s majority.

Alternatively, a general election could be called if a simple majority of MPs vote that they have no confidence in the government. Seven Tory MPs, or all of the DUP MPs, would have to turn against the government for it to lose the vote, triggering a two-week cooling-off period. May would remain in office while MPs negotiate a new government.

Another route to a general election would be for the government to repeal or amend the Fixed-term Parliaments Act which creates a five-year period between general elections. A new act would have to be passed through both the Commons and the Lords – an unlikely scenario.

6 Second referendum

May could decide it is impossible to find a possible draft deal that will be approved by parliament and go for a people’s vote.

The meaningful vote could be amended to allow MPs to vote on whether the country holds a second referendum. It is unclear whether enough MPs would back a second referendum and May has ruled it out.

 

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Brexit Withdrawal Agreement may lead to Theresa May’s downfall (Video)

The Duran – News in Review – Episode 151.

Alex Christoforou

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The Brexit Withdrawal Agreement has been published and as many predicted, including Nigel Farage, the document is leading to the collapse of Theresa May’s government.

During an interview with iTV’s Piers Morgan, remain’s Alistair Campell and leave’s Nigel Farage, were calling May’s Brexit deal a complete disaster.

Via iTV

Alastair Campbell: “This doesn’t do remotely what was offered…what is the point”

“Parliament is at an impasse”

“We have to go back to the people” …”remain has to be on the ballot paper”

Nigel Farage:

“This is the worst deal in history. We are giving away in excess of 40B pounds in return for precisely nothing. Trapped still inside the European Union’s rulebook.

“Nothing has been achieved.”

“In any negotiation in life…the other side need to know that you are serious about walking away.”

“What monsieur Barnier knew from day one, is that at no point did Theresa May intend to walk away.”

“Fundamental matter of trust to the electors of our country and those who govern us.”

The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss Theresa May’s Brexit Withdrawal Agreement, and why the deal is a full on victory for the European Union and a document of subjugation for the United Kingdom.

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Coming in at 585 pages, the draft agreement will be closely scrutinized over the coming days but here are some of the highlights as outlined by Zerohedge

  • UK and EU to use the best endeavours to supersede Ireland protocol by 2020
  • UK can request extension of the transition period any time before July 1st, 2020
  • EU, UK See Level-Playing Field Measures in Future Relationship
  • Transition period may be extended once up to date yet to be specified in the text
  • EU and UK shall establish single customs territory and Northern Ireland is in same customs territory as Great Britain

The future relationship document is less than seven pages long. It says the U.K. and EU are seeking a free-trade area with cooperation on customs and rules: “Comprehensive arrangements creating a free trade area combining deep regulatory and customs cooperation, underpinned by provisions ensuring a level playing field for open and fair competition.”

The wording might raise concerns among Brexiters who don’t want regulatory cooperation and the measures on fair competition could amount to shackling the U.K. to EU rules.

As Bloomberg’s Emma Ross-Thomas writes, “There’s a clear sense in the documents that we’re heading for a customs union in all but name. Firstly via the Irish backstop, and then via the future relationship.”

Separately, a government summary of the draft agreement suggests role for parliament in deciding whether to extend the transition or to move in to the backstop.

But perhaps most importantly, regarding the controversial issue of the Irish border, the future relationship document says both sides aim to replace the so-called backstop – the thorniest issue in the negotiations – with a “subsequent agreement that establishes alternative arrangements for ensuring the absence of a hard border on the island of Ireland on a permanent footing.”

On this topic, recall that the U.K.’s fear was of being locked into the backstop arrangement indefinitely in the absence of a broader trade deal. The draft agreement includes a review process to try to give reassurance that the backstop would never be needed. Basically, the U.K. could choose to seek an extension to the transition period – where rules stay the same as they are currently – or opt to trigger the backstop conditions. In fact, as Bloomberg notes, the word “backstop,” which has been a sticking point over the Irish border for weeks, is mentioned only once in the text.

As Bloomberg further adds, the withdrawal agreement makes clear that the U.K. will remain in a single customs area with the EU until there’s a solution reached on the Irish border. It’s what Brexiteers hate, because it makes it more difficult for the U.K. to sign its own free-trade deals, which they regard as a key prize of Brexit.

Predictably, EU Commission President Juncker said decisive progress has been made in negotiations.

Meanwhile, as analysts comb over the documents, Jacob Rees-Mogg, chairman of the European Research Group, has already written to Conservative lawmakers urging them to vote against the deal. He says:

  • May is handing over money for “little or nothing in return”
  • The agreement treats Northern Ireland differently from the rest of the U.K.
  • It will “lock” the U.K. into a customs union with the EU
  • It breaks the Tory election manifesto of 2017

The full document…

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4 resignations and counting: May’s government ‘falling apart before our eyes’ over Brexit deal

The beginning of the end for Theresa May’s government.

The Duran

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Via RT


Four high profile resignations have followed on the heels of Theresa May’s announcement that her cabinet has settled on a Brexit deal, with Labour claiming that the Conservative government is at risk of completely dissolving.

Shailesh Vara, the Minister of State at the Northern Ireland Office was the first top official to resign after the prime minister announced that her cabinet had reached a draft EU withdrawal agreement.

An hour after his announcement, Brexit Secretary Dominic Raab – the man charged with negotiating and finalizing the deal – said he was stepping down, stating that the Brexit deal in its current form suffers from deep flaws. Esther McVey, Secretary of State for Work and Pensions, submitted her letter of resignation shortly afterwards. More resignations have followed.

Labour’s shadow Cabinet Office minister, Jon Trickett, predicted that this is the beginning of the end for May’s government.

The government is falling apart before our eyes as for a second time the Brexit secretary has refused to back the prime minister’s Brexit plan. This so-called deal has unraveled before our eyes

Shailesh Vara: UK to be stuck in ‘a half-way house with no time limit’

Kicking off Thursday’s string of resignations, Vara didn’t mince words when describing his reservations about the cabinet-stamped Brexit deal.

Theresa May’s EU withdrawal agreement leaves the UK in a “halfway house with no time limit on when we will finally become a sovereign nation,” his letter of resignation states. Vara went on to warn that the draft agreement leaves a number of critical issues undecided, predicting that it “will take years to conclude” a trade deal with the bloc.

“We will be locked in a customs arrangement indefinitely, bound by rules determined by the EU over which we have no say,” he added.

Dominic Raab: Deal can’t be ‘reconciled’ with promises made to public

Announcing his resignation on Thursday morning, Brexit Secretary Dominic Raab tweeted: “I cannot in good conscience support the terms proposed for our deal with the EU.”

Raab claimed that the deal in its current form gives the EU veto power over the UK’s ability to annul the deal.

No democratic nation has ever signed up to be bound by such an extensive regime.

Former Conservative Party leader Iain Duncan Smith said that Raab’s resignation as Brexit secretary is “devastating” for May.

“It sounds like he has been ignored,” he told the BBC.

Raab’s departure will undoubtedly encourage other Brexit supporters to question the deal, political commentators have observed.

Esther McVey: Deal ‘does not honor’ Brexit referendum

Work and Pensions Secretary Esther McVey didn’t hold back when issuing her own letter of resignation. According to McVey, the deal “does not honour” the result of the Brexit referendum, in which a majority of Brits voted to leave the European Union.

Suella Braverman: ‘Unable to sincerely support’ deal

Suella Braverman, a junior minister in Britain’s Brexit ministry, issued her resignation on Thursday, saying that she couldn’t stomach the deal.

“I now find myself unable to sincerely support the deal agreed yesterday by cabinet,” she said in a letter posted on Twitter.

Suella Braverman, MP Parliamentary Under Secretary of State for the Department for Exiting the EU © Global Look Press / Joel Goodman
Braverman said that the deal is not what the British people voted for, and threatened to tear the country apart.

“It prevents an unequivocal exit from a customs union with the EU,” she said.

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