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West’s Dysfunctional Policy: Germany’s Baerbock Threatens Nord Stream 2, Raises Gas Prices; US Expels Diplomats, G7 Splits

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West’s Dysfunctional Policy: Germany’s Baerbock Threatens Nord Stream 2, Raises Gas Prices; US Expels Diplomats, G7 Splits
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Berlin’s block of Nord Stream 2 takes toll on European gas prices

Berlin’s block of Nord Stream 2 takes toll on European gas prices

The price of natural gas in Europe on Tuesday rose to $1,400 per 1,000 cubic meters after Germany said Russia’s Nord Stream 2 pipeline could not be greenlighted for launch, citing rising tensions on the Ukrainian border.

Tit for tat diplomatic expulsions by Russia and US are absurd and reckless – Responsible Statecraft

Tit for tat diplomatic expulsions by Russia and US are absurd and reckless

At a time when Washington wants to reduce tension with Moscow, these diplomatic expulsions verge on the insane.

Putin and Xi won’t lose sleep over the G7https://www.telegraph.co.uk/opinion/2021/12/13/putin-xi-wont-lose-sleep-g7/

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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Schaden Freude
Schaden Freude
December 15, 2021

Baerbock strikes me as a quintessential unidimensional ideologue parachuted into a position for which she has no experience, qualification, or even the slightest idea of its gravamen. Her sole focus seems to be the old Green policy of shutting down NS2 and the use of natural gas in Germany. The effects of this policy on German homes, industries, and employment seem either to escape her completely or to be overridden by the Green ideology of “Fossil Fuels Bad, Industry Harmful to the Earth”. Not only is the steep rise in natural gas prices a threat to German homes and factories,… Read more »

Franz Beckenbauer
Franz Beckenbauer
Reply to  Schaden Freude
December 15, 2021

Germany has gone completely nuts in every possible way. When the EU breaks up, germany will be left with 1 billion of euros in their target-2 balance they will never get back. And the french and italians will laugh their way out of the Euro.

This may very well be the end of the german nation. Göterdämmerung one might call it, or rather suicide by stupidity.

pogohere
pogohere
Reply to  Franz Beckenbauer
December 15, 2021

Germany has gone completely nuts in every possible way. When the EU breaks up, germany will be left with 1 billion of euros in their target-2 balance 

That would be hundreds of billions of euros.

Josh
Josh
Reply to  Franz Beckenbauer
December 16, 2021

I lived in Germany in 2019 and I can only agree with your assessment. I can’t imagine how bad it would be now.

Tangled Webs
Tangled Webs
December 15, 2021

I think it’s pretty obvious what Baerbock was up to a few weeks back in denouncing further US sanctions, essentially telling the US to butt out of her own plans to torpedo NS2.

Tangled Webs
Tangled Webs
December 15, 2021

Who is censoring posts here?

waine
waine
December 16, 2021

If I was in charge of Russia I would shut every pipe line entering the EU. There is a huge market in China and most of the East’ which would gladly take all that Russia could produce and probably would enter in to long term contracts which would benefit all concerned’ stuff the EU

Olivia Kroth
December 17, 2021
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The Germans are so dominated by the USA that they cannot even take care of their own needs: cheap gas and oil from Russia. What a shame.

George Hartwell
December 18, 2021

So if Russia follows through with attacks on nearby NATO installments on January 8th then the withdrawal of diplomats is already in place for military escalation.

Last edited 2 years ago by George Hartwell

Biden’s approval ratings continue to collapse as inflation keeps rising

A DEBATE ABOUT LIBERTARIANISM