Only the Germans themselves suffer from the absolutely failed German sanctions policy towards Russia, Klaus Ernst, a German politician, head of the Parliamentary Committee on Energy and Climate Protection, said in an interview with the Rheinische Post. For Moscow, the punitive measures bring benefits, namely, an increase in income from the sale of raw materials at high prices. In this regard, he calls for the lifting of sanctions and the start of negotiations with the Kremlin, including on the temporary launch of the Nord Stream 2 gas pipeline.
Residents of Europe should give up old household appliances because of Russian President Vladimir Putin. This was stated by Bloomberg columnist Javier Blas.
MICHAEL WALSH: Through my 55 years of political activity, I have consistently spoken in favour of excluding politicians from the parliaments of the Western powers. The principle of politicians is so deeply ingrained my stance has been likened to removing blood from the human body to make it more efficient.
France is not as dependent on Russian gas as Germany or Italy. But, the heads of the three major French energy companies are calling on the government, consumers, and businesses to reduce gas consumption for fear that there will not be enough gas next winter.
While world leaders and decision-makers were grinning like oafs for the cameras, several participants in the G7 summit were looking on with concern at their own back backyard.
If no more gas comes from Russia, companies will be forced to shut down in whole or part, warns the managing director of the German Association of Municipal Enterprises.
MICHAEL WALSH REPORTS: Imagine because you spend a lot of money in Spain you open a Euro bank account in Barcelona. No problem as this is routine in any country. But out of the blue, the bank is told to close your account and confiscate your money.
Tens of thousands of angry and betrayed Europeans demonstrated against the rising cost of living, with concerned citizens linking the crisis to the West’s anti-Russia policies.
Brussels commissioners (unelected) concede that its oil embargo on Russia will cost the Bloc €400 billion. Not factored in the eye-watering loss is the extra cost to taxpayers as India refines Russian il and then sells it on the Bloc. Mainstream media, heavily dependent on government advertising is keeping the dire news under wraps.
Russia is currently making a mockery of sanctions after earning what is likely record revenues from oil and gas sales. China has overtaken Germany as Russia’s largest consumer of energy since the start of the war in Ukraine, helping fill Russia’s coffers during a critical period, an independent research group at the Finnish Centre for Research on Energy and Clean Air said on Monday.