Iranian Supreme Leader Ayatollah Ali Khamenei declared on Tuesday that had Russian President Vladimir Putin not “taken the initiative” in Ukraine, the NATO alliance would have launched a war with Russia over Crimea, which Kiev claims as its own land. Speaking alongside Putin in Tehran, Khamenei stated that “as regards …
Read More »Russian gas embargo would dent Italy’s GDP – analysis
An embargo on Russian gas could lead to a serious shortage of fuel crucial for Italy’s industrial and service sectors, according to a study published on Saturday by the association of Italian industrialists Confindustria. “A possible blocking of natural gas imports from Russia, Italy’s main supplier in recent years, could …
Read More »Former Russian president reveals what ‘sanctions’ would mean for the world
Sanctions that the western nations have been continuously imposing against Russia since the start of its military operation in Ukraine only further erode the existing system of international institutions and the authority of the UN, Russia’s former president, Dmitry Medvedev, has said in a Telegram post on Friday. Initially, the word …
Read More »German industry would collapse without Russian gas – association
The backbone of the German economy – its industry – could “collapse” should Berlin decide to impose an embargo on Russian gas, the president of the country’s industry association has warned. Appearing on the Maybrit Illner political talk show on Thursday, Siegfried Russwurm, the president of the Federation of German Industries (BDI), …
Read More »German trade unions explain what would happen without Russian energy
Germany will see its major industries like steel, chemicals and paper shut down in a matter of weeks if it’s left without gas, oil and coal from Russia, the country’s top industrial unions have said. The heads of IG Metall, IGBCE and IG Bau unions held a joint press-conference in …
Read More »Gas payments in rubles would backfire on EU sanctions – experts
The switch to rubles for gas payments, announced earlier this week by Russian President Vladimir Putin, would force the European Union to circumvent its own anti-Russia sanctions if it wants to keep the gas flowing in, Germany’s Der Spiegel reported, citing economy experts. According to Düsseldorf economist Jens Südekum, in …
Read More »Experts warned for decades that NATO expansion would lead to war: Why did nobody listen to them?
Russia’s military offensive in Ukraine has been underway for a month now. It has already led to a global economic crisis stemming from disruptions in supply chains and rising energy prices. And although the beginning of the hostilities came as a surprise to the whole world, the current state of affairs …
Read More »Ukraine says any deal with Russia would be put to a referendum
While hinting at progress in talks with Russia, Ukrainian President Volodymyr Zelensky said on Monday that any “historic” compromises his negotiators agreed upon would be subject to approval by the entire country in a referendum. “I explained to all the negotiating groups: when you talk about all these changes, and …
Read More »Leading experts warned NATO expansion would lead to conflict. Why did no one listen?
Russia’s invasion of Ukraine has provoked serious backlash around the world, particularly in the Western world – an understandable reaction against a war of aggression in violation of international law. However, it’s also true that this outcome had been predicted by the world’s foremost foreign-policy experts for decades. Specifically, experts …
Read More »Leonid Gankin: War between Russia & Ukraine would be a nightmare
In the hours following Moscow’s recognition of the Donetsk and Lugansk People’s Republics, analysts have been scrambling to predict what the fallout will be for the country, and for the world. Cutting virtually all ties with the West and seeing its economy crippled by sanctions are both apparently on the …
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