by Summary:
A dispute between the US and Germany over Russian gas is likely to come to a head this week as US Secretary of State Mike Pompeo embarks on a European tour. The US believes a new pipeline makes Germany too dependent on Russia. There is already one pipeline running under the Baltic Sea. Now a new one, Nord Stream 2, is nearing completion. It's expected to pump some 55 billion cubic meters of gas from Russia to Germany every year. The project has been a major bone of contention between Berlin and Washington. Just last week, US senators threatened to slap sanctions on a Germany's Mukran Port, where essential building materials for the pipeline are stored. That has caused outrage in the port. [embedded content]
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
A dispute between the US and Germany over Russian gas is likely to come to a head this week as US Secretary of State Mike Pompeo embarks on a European tour. The US believes a new pipeline makes Germany too dependent on Russia. There is already one pipeline running under the Baltic Sea. Now a new one, Nord Stream 2, is nearing completion. It's expected to pump some 55 billion cubic meters of gas from Russia to Germany every year. The project has been a major bone of contention between Berlin and Washington. Just last week, US senators threatened to slap sanctions on a Germany's Mukran Port, where essential building materials for the pipeline are stored. That has caused outrage in the port.A dispute between the US and Germany over Russian gas is likely to come to a head this week as US Secretary of State Mike Pompeo embarks on a European tour. The US believes a new pipeline makes Germany too dependent on Russia. There is already one pipeline running under the Baltic Sea. Now a new one, Nord Stream 2, is nearing completion. It's expected to pump some 55 billion cubic meters of gas from Russia to Germany every year. The project has been a major bone of contention between Berlin and Washington. Just last week, US senators threatened to slap sanctions on a Germany's Mukran Port, where essential building materials for the pipeline are stored. That has caused outrage in the port. [embedded content]
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00
Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow
Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten
Merijn T. Knibbe writes ´Fryslan boppe´. An in-depth inspirational analysis of work rewarded with the 2024 Riksbank prize in economic sciences.