Connect with us

World

Germany is preparing for the end of Russian gas. It could be as early as Monday – Economics

Published

on

Russia’s main gas pipeline to Europe, the Nord Stream gas pipeline, will be shut down for ten days for maintenance starting July 11, but Germany is already bracing for the possibility that Vladimir Putin will seize the opportunity to immediately shut off the supply.

The German government has an emergency plan that includes rationing and bailouts of companies, but according to Bloomberg, the consequences of this will most likely mean a deep recession in Europe’s largest economy with consequences for the entire continent.

“Are we concerned? Yes, we are very concerned. It would be naive not to worry,” Christian Kuhlmann, CEO of German chemical giant Evonik Industries AG, told the agency.

More than a third of Germany’s gas comes from Russia, and the Kremlin could use that advantage to avenge sanctions imposed by Europe after the war in Ukraine.

“Russia has a limited number of assets that it can use. They are trying to make the most of the remaining tools,” says Olga Khakova, Deputy Director of the Atlantic Council’s Global Energy Center.

Germany gradually prepared its 80 million citizens for the opportunity to face hardship. Chancellor Olaf Scholz even compared the current situation to the peak of inflation in the 1960s and 1970s and warned that it was not something that could be overcome quickly.

The impact of the lack of energy is already beginning to be felt: Munich has lowered the temperature of public swimming pools, Cologne has reduced the intensity of street lighting, and Hamburg plans to supply hot water only at certain times of the day.

See also  Russia will study the possibility of exchanging prisoners from the Azov battalion - Obozrevatel

The Scholz government is trying to speed up legislation that would allow him to buy stakes in struggling energy companies like Uniper to buy them out. Uniper, Germany’s largest buyer of Russian gas and the main state supplier, warned on Friday that it was running out of cash.

Klaus-Dieter Maubach, CEO, says the company will soon have no choice but to start using gas reserves, raise prices for consumers and cut supplies.

The government has already promised to intervene. “We will not allow systemically important companies to go bankrupt and, as a result, sink the global energy market,” Economy Minister Robert Habek said in response to Uniper warnings.

To avert a crisis, Germany will also backtrack on its environmental commitments by reopening coal-fired power plants to generate electricity, allowing the country to cut its gas use for power generation by 52% over the next 12 months, according to Bloomberg estimates.

If Germany decides to declare a “state of emergency”, the regulator can now control distribution. Homes and critical structures such as hospitals are protected, but the industry may be facing limited supplies and consumers may have to lower the temperature of heaters and water heaters.

Germany’s goal is to fill warehouses by 90% by November. At the moment they are 63%, and with the suspension of Nord Stream, this value should decrease, which will give the country only 86 days to reach its goal.

The German Government is well aware of the difficulties of achieving this goal. “It was a serious mistake to let Germany become so dependent on one country for energy supply, and that country was Russia. This dependence on Russian gas has been built over decades and we are trying to change that in months,” Habek lamented.

See also  The oldest man in France has died. I was 112 years old

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

World

The Russian army announced the destruction of 45,000 tons of Ukrainian weapons sent by NATO

Published

on

“In the city of Voznesensk, Mykolaiv region, an arsenal was destroyed, which stored 45,000 tons of ammunition supplied to the Ukrainian army by NATO,” said Russian Defense Ministry spokesman Igor Konashenkov, quoted by EFE.

According to the Russian authorities, the country’s aviation inflicted more than 300 casualties among Ukrainian defenders.

“Consequences of the attack of the Russian Air Force on the temporary deployment of units of the 72nd mechanized brigade in an agricultural company in the city of Artemovsk (Russian name Baimut, in Donetsk) numbering up to 130 military personnel and eight pieces of equipment and armored vehicles. were destroyed,” Konashenkov said.

He added that “after a strike with high-precision missiles” on the 95th Airborne Assault Brigade of the Armed Forces of Ukraine in the city of Dzerzhinsk (Toretsk, in Russian, in Donetsk), up to 70 servicemen were destroyed, three artillery pieces and three vehicles were destroyed.

The Ministry of Defense also added that in the Yarkovsky district in eastern Ukraine, the Russian Air Force shot down more than 100 personnel of the 3rd brigade of the National Guard of Ukraine on the territory of a thermal power plant.

“Due to heavy losses, the Zelensky regime [presidente ucraniano] is taking steps to strengthen troops in the Donbass,” Konashenkov said.

According to a Russian official, this forced the Ukrainian authorities to send newly mobilized civilians to the front, who made their debut as part of the 72nd mechanized brigade in the city of Bila Tserkva, south of Kyiv.

Continue Reading

World

Monkeypox: national tourist was the first case identified in the Azores and traveled to Porto before lockdown ends – News

Published

on

The Regional Health Authority said in a statement that “the case was discovered in the municipality of Ponta Delgada on the island of San Miguel and the local health delegation immediately took all the procedures indicated in this context.”

The man claimed to have had “contact in Ponta Delgada, with family members and with his partner residing in San Miguel (tested negative in the last few hours)”, with the Ponta Delgada Health Delegation “determining home isolation” in both cases and physical distancing from other people until all injuries are healed.”

“The person who tested positive was notified of the result on Friday evening, but reported that he had already traveled, also on Friday, from Ponta Delgada to Porto, from where he would soon return to Paris, the city where he officially lives and works. “, – reports the regional health authority, adding that the man has been in San Miguel since July 26.

The regional health authority notified the national authorities of the case so that they could follow it up in the north of the country.

The number of confirmed cases of monkeypox virus infection in Portugal has risen to 710, of which 77 were detected in the last week, the Directorate General of Health (DGS) said.

All regions of continental Portugal and the autonomous region of Madeira reported cases of human infection with monkeypox virus, of which 509 (82.5%) were in the Sanitary Region of Lisbon and Vale do Tejo.

Of the many cases reported to the Epidemiological Surveillance System, the majority are in the 30 to 39 age group and are male, according to the DGS, with four female cases now, two more than a week old.

See also  Russia will study the possibility of exchanging prisoners from the Azov battalion - Obozrevatel

The presence of the monkeypox virus in Portugal was first detected three months ago on May 3rd, DGS recalls in a weekly report with data collected up to August 3rd.

Portugal continued on August 2, according to WHO, in the group of 10 most affected countries in the world: the United States of America (5,175), Spain (4,298), Germany (2,677), Great Britain (2,546), France (1,955). , Brazil (1369), the Netherlands (879), Canada (803), Portugal (633) and Italy (479).

Continue Reading

World

Ukraine: UN agency ‘extremely concerned’ about risk of ‘nuclear holocaust’ – Newsroom

Published

on

“I am extremely concerned about yesterday’s explosions [sexta-feira] the largest nuclear power plant in Europe, highlighting the very real risk of a nuclear catastrophe that threatens public health and the environment in Ukraine and beyond,” Grossi warned in a statement released in Vienna, believing that “we are playing with fire.”

Moscow and Kyiv today accused each other of compromising the safety of Europe’s largest Zaporskaya nuclear power plant.

Grossi recalled that, according to the Ukrainian authorities, there was no damage to the reactors and no radiation release, but there were damages to other parts of the nuclear power plant.

The head of the UN nuclear energy agency considered endangering a nuclear power plant “completely unacceptable” and argued that military strikes against it were “playing with fire” and could have “potentially catastrophic consequences.”

“I strongly and urge all parties to provide maximum deterrence in the vicinity of this critical six-reactor nuclear facility,” he wrote.

Grossi again offered the IAEA the opportunity to conduct an on-site verification and “prevent the situation from getting further out of control.”

In June, the IAEA director expressed his readiness to visit the Russian-controlled plant, but Ukraine sharply criticized these plans, saying that the trip of the Argentine UN representative could be interpreted as legitimizing the Russian occupation.

The diplomat insisted that the mission was “decisive” to stabilize the situation at the nuclear power plant.

President of Ukraine Volodymyr Zelensky, through a video message, accused Russia of “recreating an extremely dangerous situation for the whole of Europe”: “they bombed the Zaporskaya nuclear power plant twice.”

See also  Mass protests in Poland in defense of EU membership - News

Moscow, which has controlled the facility almost since the early days of its military campaign in Ukraine, disputed the claims, calling Kyiv, for its part, a promoter of “nuclear terrorism.”

“Ukraine’s attacks on nuclear facilities can be qualified under international law as acts of nuclear terrorism,” Russian Senator Konstantin Kosachev said on the Telegram social network.

Pro-Russian authorities in the Zaporizhia region, partly occupied by the Russian army, yesterday accused Ukrainian forces of shelling the nuclear power plant and damaging power lines and industrial buildings at the plant.

The attack led to the closure of one of the nuclear units after a power outage.

Continue Reading

Trending