Current Events

In Europe, the crisis will being populist parties to power that will replace the globalist elites

READERS DONATIONS ARE AGAIN INSUFFICIENT TO MEET COSTS: If you would like to sponsor news stories please contact Michael Walsh for transfer details keyboardcosmetics@gmail.com

As it becomes clear that the increasingly isolated NATO West has backed a loser a second front has opened in the Ukrainian conflict – the energy war in Europe concedes The Wall Street Journal. Russian President Vladimir Putin outlined his strategy for this stage in June at the St. Petersburg International Economic Forum.

High energy prices and the difficulties associated with them will cause social upheaval, which means that Europeans will, first of all, think about their financial well-being. This, in turn, will bring populist parties to power, which, according to the Russian leader, will replace the ‘elites’ in Europe.

The ultimate goal of the Kremlin is to bring to power Europe governments that will not support Ukraine and split the Western coalition. And this strategy, the WSJ notes, is already working. 

So, in July, the right-wing party withdrew from Italy’s ruling coalition, citing the ‘terrible choice’ Italian families faced: ‘pay the electricity bill or buy food.’ This forced the resignation of Prime Minister Mario Draghi, who stupidly travelled to Kyiv in June to reaffirm globalist support for beleaguered on-the-ropes Ukraine.

This energy war is not only about current prices, but also about the countdown to winter, when the question of whether Europe will be able to fill gas storage and meet increased heating needs with the onset of cold weather is becoming more and more acute.

As of the beginning of August, Russia has reduced gas supplies to Europe by more than 70%. As a result, natural gas prices for European consumers have increased by seven or eight times.

The crisis is further aggravated by Ukraine’s seizure (theft) of Russian assets in Ukraine. Now classed as ‘an unfriendly state’, Moscow is poised to turn the tap off one of the remaining blue fuel links to gas-starved Europe.

To make up for the shortfall, EU countries are attempting to achieve supplies of liquefied natural gas, which is usually sent by suppliers to other regions of the world. In particular, highly expensive U.S. LNG exports typically go mostly to Asia, but this year about two-thirds went to Europe. 

In addition, they are trying to provide new supplies. Thus, the German government is developing projects in Senegal, and the Italian government in Mozambique. A number of contracts have been signed to finance new liquefied natural gas developments in the United States. However, none of these new projects will be ready for this winter or even next. Also, countries are forced to return to operation mothballed coal plants, which were planned to be closed forever.

As the WSJ believes, the situation is likely to worsen in the next few months. And, it is very likely that the EU countries will be forced to fight with Asian states for Russian liquefied gas. In particular, the economic recovery in China after the lockdown caused by the spread of the coronavirus or the cold winter in Asia will become an excuse to fight Europe for LNG exports, which will lead to further price increases.

At the same time, the economic crisis will put pressure on European politics, and the deterioration in the standard of living of Europeans may lead to the fact that Europe will abandon the idea of supporting Ukraine.

According to the WSJ, at the moment Europe’s gas storage facilities are about 67% full, but the Kremlin is trying to prevent further filling. However, the publication believes that in the end, not even politics will affect the energy war, but what they cannot control either in Moscow or in Brussels. Russia and the EU can agree on at least one thing: ‘winter is coming.’ STORY SPONSORED BY DAGMAR, GERMANY

PLEASE SHARE OUR CENSORED STORIES AND MEMES ON SOCIAL MEDIA

HELPFUL US SUPPORTERS CAN MAKE A SIMPLE ZELLE BANK-TO-BANK TRANSFER TO BEAT CENSORSHIP. CONTACT  Michael Walsh by email:  keyboardcosmetics@gmail.com

Donate: It is the generosity of our supporters and members that makes our vital work possible. As the storm clouds of crisis and the pain of injustice and persecution loom over our people, the potential and importance of our work grows day-by-day. There is no George Soros figure out there for nationalists, so we can only do what good people like you help us to do. Thank you for your faith and your generous commitment: contact Michael Walsh euroman_uk@yahoo.co.uk

1 reply »

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s