Draghi On the Way Out in Italy

Draghi On the Way Out in Italy

Italian Prime Minister Mario Draghi is out. He tendered his resignation to President Sergio Mattarella. Mattarella is refusing for now. There will be another confidence vote. It shouldn’t matter. As is always the case with Italian politics, the story is always far murkier than the headline. The headline is Five Star Movement (M5S) leader Giuseppe…

Meet the New Boss; Putin Reroutes Critical Hydrocarbons Eastward Leaving Europe High-and-Dry

Meet the New Boss; Putin Reroutes Critical Hydrocarbons Eastward Leaving Europe High-and-Dry

“Rejection of Russian energy resources means that Europe will become the region with the highest energy costs in the world. This will seriously undermine the competitiveness of European industry which is already losing the competition to companies in other parts of the world…. Our Western colleagues seem to have forgotten the elementary laws of economics,…

US and Europe are Ripping Off All of Africa’s Gas

US and Europe are Ripping Off All of Africa’s Gas

Following Washington’s Russophobic instructions, European politicians are touring the world in search of free gas to reduce dependence on Russia. And they have identified Africa as the key region in this regard. The countries of the Arab world are less actively considered by the Europeans, understanding that they are not eager, if it is to…

Germany’s Economic Minister Warned of Unrest If Russian Gas Is Immediately Cut Off

Germany’s Economic Minister Warned of Unrest If Russian Gas Is Immediately Cut Off

Up until this point, it was considered to be nothing more than so-called “Russian propaganda” for anyone to make such a prediction, but now it’s literally the official position of the German government itself. Federal Minister for Economic Affairs and Climate Action Robert Habeck confirmed Russian assessments that Germany’s immediate cutoff of that country’s gas…

Oil and Gas Failure and Humiliation of Washington

Oil and Gas Failure and Humiliation of Washington

Despite the conflict in Ukraine and sanctions against Russia initiated by Washington, Russian gas is flowing to Europe in maximum volumes, European media outlets stress.  At Mallnow, the point of arrival of the Yamal-Europe pipeline in Germany, supplies, which were interrupted for a few days after the start of Russia’s military special operation in Ukraine…