Category Archives: Europe

Experts: U.S. LNG Growth Could Slow Next Year

Too many are putting their eggs in the LNG basket.

EU Imposes Secondary Sanctions on Russian Steel in Eighth Sanctions Package. Is Türkiye the Target?

the EU using an obscure steel secondary sanction to whack Türkiye?

Russian Army Turning Out the Lights: US Losing Electricity War in Ukraine

The dire and worsening state of Urkraine’s electricity supply has gone curiously unnoticed by Western commentators.

Washington, Brussels Set Sights on TurkStream Pipeline Amid Crackdown on Ankara-Moscow Cooperation

By Conor Gallagher At the beginning of this year there were four pipelines carrying natural gas from Russia to Europe, and a fifth (Nord Stream 2) was about to come online. Now Nord Stream 1 and 2 are dead, the Yamal Pipeline is closed, and the amount of gas flowing through Ukraine is greatly diminished. […]

How Cloud Services Allow Tech Titans to Act as Knowledge and Information Gatekeepers

Regulators largely ignore the cloud services industry, despite high concentration, lack of transparency, and potential for predation.

The Inevitable Financial Crisis

We’re again in the Wile E Coyote phase of a financial crisis, but this time, the real economy problems are far worse than in 2008.

Financing Ukraine’s Victory: Why and How

$50 billion, backstopped by IMF.

More Fallout From the Nord Stream Pipeline Attacks

By Conor Gallagher Yves wrote yesterday about what the Russian response might be to the Nord Stream attacks. I wanted to touch on a few other potential consequences I’ve come across, and as there are no doubt more, hope to see them in comments. Economic Catastophre in Europe Now Certain There were questions in Washington […]

Michael Hudson on The Euro Without Germany

Conor: Germany’s swift demise reminds me of the German intelligence agent Bachmann in “A Most Wanted Man.” He’s led to believe he’s operating on an equal level with CIA and British intelligence only to realize too late he was being played the whole time. Hudson gets to the bottom of what Germany’s downfall will mean […]

“End War in Ukraine” Say 66 Nations at UN General Assembly

Conor: This is a good reminder that a) this war could be brought to an end if that wasn’t the last thing the US and the UK wanted, and b) when western media refer to the “international community” they’re typically referring only to US allies and omitting voices like the following. By Medea Benjamin and Nicolas […]

Russia Seeking UN Security Council Meeting Over Nord Stream “Act of International Terrorism.” What Else Might Russia Do?

Russia is almost required, if nothing else for domestic political reasons, to Do Something about the Nord Stream attacks. But what exactly?

The Bornholm Blow-Up Repeats the Bornholm Bash — Poland Attacks Germany and Blames Russia

The military operation on Monday night which fired munitions to blow holes in the Nord Stream I and Nord Stream II pipelines on the Baltic Sea floor, near Bornholm Island, was executed by….

Mission Accomplished: “Super Mario” Draghi’s Legacy and the Italian Election

Turnout in Italy’s election was the lowest since WWII as voters lose faith in a system unable to reverse a declining standard of living.

Italy’s Lurch to the Right Raises Risk of Fossil Gas Lock-In

After this weekend’s snap election, incumbent energy companies will face scant pressure over climate change from the winning right-wing coalition.

What the Fighting between Armenia and Azerbaijan Is Really About and Why It’s Likely to Get Worse

By Conor Gallagher Ever since the breakup of the USSR, Azerbaijan and Armenia have been locked in a dispute over Nagorno-Karabakh, an enclave recognized as Azerbaijani territory by the international community but mostly populated by ethnic Armenians. They fought a war there two years ago when Azerbaijan grabbed land in a six-week conflict that led […]