Friday, February 25, 2022

Biden Killed The Israel-Europe EastMed Gas Pipeline, How’s That Looking Now?

Biden Killed The Israel-Europe EastMed Gas Pipeline, How’s That Looking Now?
  • Why is the U.S. continuing to pursue a policy that strengthens Russia and weakens our allies?
"...As of 2020, Russia supplied roughly 65% of Germany’s natural gas imports and 40% of European Union imported gas. 
Italy, which imports some 90% of its gas, is also heavily dependent on Russia.
...Germany refused to terminate the Nord Stream 2 pipeline...merely halted certifying the pipeline. But, it refused to commit to canceling it altogether. 
Italy fought to limit threatened sanctions to a few narrow sectors – excluding energy in particular. 
Even now, with Russian troops all over Ukraine, the E.U. continues to fight stronger sanctions like excluding Russia from the SWIFT banking system.
...The upshot is that, despite threats of punishing if not crippling sanctions, the U.S. and its allies have actually done little...Read all.

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