ZAPORIZHZHIA, Ukraine—As UN inspectors sought to avert a nuclear disaster on Ukraine’s frontline, the West and Russia wounded each other’s economies, with Moscow keeping its main gas pipeline to Germany shut on Saturday while threatened with price caps on oil exports. Russia’s state-controlled energy giant Gazprom blamed a technical fault in the Nord Stream 1…
Russia, West Step Up Energy War as Risk of Nuclear Disaster Haunts Ukraine
Gazprom Piping Gas to Europe via Ukraine After Nord Stream Stoppage
September 3, 2022
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Business & MarketsenergyEuropeGasGazpromGold and CommoditiesMarketsNordstreamRussiaRussia-Ukraine WarStoppageUkraineWorld
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Russia’s Gazprom said it would ship 42.7 million cubic meters (mcm) of natural gas to Europe through Ukraine on Saturday, hours after it announced that flows through the Nord Stream 1 pipeline to Germany would not resume as planned. Flows via the Sudzha entry point were up slightly compared to the 41.3 mcm Gazprom sent…
Ukraine, Russia Trade Blame Over Nuclear Plant as UN Experts Investigate
ZAPORIZHZHIA, Ukraine—Ukraine and Russia traded accusations over each others’ actions around the Zaporizhzhia nuclear power plant on Friday as a team of inspectors from the UN nuclear watchdog tried to check the safety of the facility and avert a potential disaster. Ukraine’s state nuclear company said the International Atomic Energy Agency (IAEA) mission had not…
Russian Banks Lost $25 Billion in First Half, Central Bank Tells RBC
Russia’s banks lost a combined 1.5 trillion rubles ($24.95 billion) in the first six months of 2022, a top official at Russia’s central bank said on Friday in an interview with the RBC business daily. It is the first time the regulator has disclosed banking sector earnings since Russia sent troops into Ukraine in February….
Gazprom Head Says ‘Sanctions Confusion’ Means Siemens Cannot Service Nord Stream 1: Interfax
September 1, 2022
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Business & MarketsCompaniescrisisenergyEuropeGasGazpromGold and CommoditiesMarketsNordstreamRussiaRussia-Ukraine WarsanctionsSiemensUkraineWorld
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MOSCOW—Gazprom Chief Executive Alexei Miller on Wednesday said Western sanctions mean Siemens Energy is unable to carry out regular maintenance on equipment for the Nord Stream 1 natural gas pipeline, Interfax news agency reported. Periodic replacement of some equipment, such as turbines, is needed to ensure the smooth transport of gas. Its state of repair…
British National Killed in Action While Volunteering as Medic in Ukraine
A British national has been killed while volunteering as a medic in Ukraine. In a GoFundMe set up to bring his body home, Craig Mackintosh’s sister Lorna revealed that he had been killed in Ukraine on Aug. 24. She said that her brother, from Thetford, Norfolk, had lost his life “in the line of duty”….
Russian Economy Shows Resilience Six Months After Ukraine Invasion, but Challenges Persist
As Russia’s invasion of Ukraine enters its seventh month, the economy of the Russian Federation has shown some measure of resilience in the face of Western sanctions. However, the future remains uncertain for the Russian Federation, with sanctions from the Western bloc taking their toll on the lives of ordinary Russian. In the days and…
Former Alaska Governor Sarah Palin Loses; ‘Special Master’ Hearing in Trump Case Today | NTD Good Morning
Will a ‘Special Master’ be appointed to oversee the review of documents seized in the FBI raid at former President Trump’s home? A U.S. District Judge is hearing arguments today. Former Alaska Governor Sarah Palin’s attempt to resurrect her political career fell short. A Former Democratic State lawmaker defeated her in a special election for…
India-Arab-Israel-Mediterranean Corridor to Europe: A Historical Idea That’s Ripe for Implementation Again
Commentary As the Russian invasion of Ukraine enters its seventh month, and the war in Donbas and Kherson turns into a prolonged meatgrinder, the world is waking up to a costly reality. For the first time in many decades, a multipolar world order is emerging with a Moscow–Beijing alliance. This is leaving the rest of…
The Ongoing Wealth Transfer to Ukraine
Commentary The Biden administration and its congressional allies continue to transfer U.S. wealth and treasure to Ukraine with no end in sight. This includes lethal aid in the form of weapon systems and nonlethal aid in generic categories such as refugee assistance, energy security, anti-corruption activities, and logistics support. Let us examine the topic in…
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