It Is Going To Take “Trillions” To Fix The Massive Derivatives Crisis That Has Erupted In Europe
By Michael Snyder This thing in Europe is rapidly becoming rather serious. Vladimir Putin’s decision to end the flow of gas through the Nord Stream 1…
Europe
“Europe On The Brink:” 70,000 Czech Protesters Flood Prague Over Energy Crisis
By Tyler Durden More than 70,000 Czechs are protesting in Prague, the capital, demanding the ruling coalition take a neutral stance on the Ukraine war…
Surprise: Stocks Tumble After Gazprom “Completely Halts” Nord Stream Gas Supplies Due To “Unexpected” Leak
By Tyler Durden After a 3-day halt, Russian energy giant Gazprom was expected to resume critical supplies of nat gas to Europe via Nord Stream…
Europe Has No Real Alternatives To Russian Gas: Ex-Aramco EVP
By Tyler Durden Echoing what Zoltan Pozsar said in his latest must-read note, the former executive vice president at Saudi Aramco, Sadad Al-Husseini, told CNBC…
“How In The Name Of God”: Shocked Europeans Post Astronomical Energy Bills As ‘Terrifying Winter’ Approaches
By Tyler Durden Over the past week, shocked Europeans – mostly in the UK and Ireland – have been posting viral photos of shockingly high…
Their Economy Is Collapsing All Around Them As Europeans Head Into An Extremely Cold And Bitter Winter
By Michael Snyder Last winter, Europeans were looking forward to yet another year of peace and prosperity. This winter, Europeans will find themselves right in…
European Natural Gas Prices Are 6 Times Higher Than Last Year, And This Is Sparking Widespread Civil Unrest All Over Europe
By Michael Snyder This is going to be a bitterly cold winter for a whole lot of people. In particular, things are likely to get…
Venezuela Stops Oil Shipments To Europe As Alternatives To Russian Energy Dry Up
By Tyler Durden The writing is on the wall for Europe in terms of this coming winter – it’s going to get ugly. With natural…
Europe’s Rhine River At Dangerously Low Levels, Centimeters From Shipping Disruption
By Tyler Durden The Rhine River’s low water levels threaten Germany’s largest industrial players that rely on the 800-mile (1,288-kilometer) waterway from Switzerland to the…
EU Could Close Stores to Conserve Energy Amid Shortage
By Mac Slavo The European Union is considering closing some stores to conserve energy as the shortages become wildly apparent. Finland stores could have to…
Gazprom Suspends Gas Supplies To Latvia As Austria Warns EU Russian Energy Ban “Impossible”
By Tyler Durden “Today, Gazprom suspended its gas supplies to Latvia… due to violations of the conditions” of purchase, Russian energy giant Gazprom has announced…
Putin Turns The Screws: Gazprom Unexpectedly Halts Another Nord Stream Turbine Cutting Flows In Half; European Gas Prices Soar
By Tyler Durden Europeans, and especially Germans, breathed a sigh of relief last Thursday when amid fears that Moscow would not restart flows along the…
Gazprom Declares Force Majeure, Will Halt Gas Flows To Germany Indefinitely
By Tyler Durden Already days before the July 22 European “Doomsday” when the scheduled Russian 10-day maintenance of the crucial Nord Stream pipeline to Germany…
Webinar Promotes Appeal to Stop 5G Deployment in Europe; 1,000,000 Signatures Needed
By B.N. Frank Worldwide opposition to 5G deployment has been ongoing for years. Since 2017 doctors and scientists have asked for 5G moratoriums on Earth…