Tag: gas

Germany is racing towards its collapse at breath-taking speed and with it Europe

Germany is bursting at the seams, writes Deutsche Wirtschafts Nachrichten. Inflation, the energy crisis, disruptions in supply chains, the Germans have been hit hard – not for the first time in the last century. And all because of the authorities in Berlin. Their failed sanctions and energy policy has put the country on the brink of collapse, and with it, the whole of Europe, says the author of the article Mark Friedrich.

Cutting the branch we sit on – a top German politician called for the lifting of energy sanctions against Russia

Only the Germans themselves suffer from the absolutely failed German sanctions policy towards Russia, Klaus Ernst, a German politician, head of the Parliamentary Committee on Energy and Climate Protection, said in an interview with the Rheinische Post. For Moscow, the punitive measures bring benefits, namely, an increase in income from the sale of raw materials at high prices. In this regard, he calls for the lifting of sanctions and the start of negotiations with the Kremlin, including on the temporary launch of the Nord Stream 2 gas pipeline.

Chinese Foreign Ministry ridicules G7 derision makers with one comparison

Chinese Foreign Ministry spokesman Zhao Lijian reminded followers on Twitter that the population of the G7 countries is only part of the global community. He published a picture showing that the population of the countries that are part of the BRICS coalition (Brazil, Russia, India, China and South Africa) is approximately 3.2 billion people. At the same time, the number of people living in the G7 countries is much inferior at only 777 million.

Algerian president decided not to renew its partnership treaty with Spain

The hapless Brussels-led European Union is facing yet another major foreign policy backfiring catastrophe. Algeria, which is a major exporter of fossil fuels to Europe like Russia, is turning against the European Union. The government in Algeria, supported by President Tebboune, has decided not to renew a key partnership treaty with the pro-Washington Spanish regime. The major North African trading partner has frozen trade relations with Europe. It gets worse: the North African country could cut natural gas supplies to Spain, a move that could send already rising gas prices and inflation even higher for Europeans reeling from sticker shock.