They should thank them that this is one step closer to saving the planet. They always are concerned about climate change, well no need to worry now when you don't have any fossil fuel.
@@98091238, You’re pretty ignore ant eh? Russia supplies 40% of Germany’s natural gas. About 40% of Germany’s natural gas is used to heat people’s homes. If Germany cuts off the natural gas to everyone’s homes, then industry will have all the gas that they need. If people get cold, they can wear long johns and a jacket. When they sleep they can use more blankets. People live outside in the snow for fun. It’s called “camping”. They don’t freeze to death when they wear proper clothes and use a proper sleeping bag. Also, the wimps who can’t handle a cold winter can easily buy a nice modern efficient clean burning wood stove that can burn firewood and coal. Germany has plenty of coal. But obviously you’re too stew pid to use your brain to come up with solutions. You’d rather whine, complain, and cry like a baby.
Hahaha 🤪 now they’ll need everything to build windmills and solar panels! Where’s that going to come from ? Mining ⛏!! Going to have to dig up the earth now for ingredients 🤨
People's reasoning amazes me sometimes. Each country must do what it needs to do to get desired result. If Russia cuts the gas completely it's them that's gotta deal with consequences, EU declared to reduce gas dependence from Russia they should deal with the consequences of their decisions as well. Fact that west sanctioned everything Russia except gas is clear indication that Russia got them by the balls in regards to gas, so why shouldn't they try to sway things their way? Secondly, If it's hard for Russia to trade gas with China and India because of the distance and absence of streams, same applies to Europe in relation to turning to US as alternative... Everyone must be prepared to take their losses. The one with less losses is the eventual winner.
It's already over the relationship between Russian and EU, so what Russia has to lose if they cut the gas completely? Nothing! Putin knows Europe gonna cut the comercial relation with russia and now he's just playing with EU. Putin it's already selling gas to others coutries, EU can buy gas from someone else but first will be a harsh winter and will take YEARS to construct another tabulation. Russia is the one holding the cards
@@nihil303 I agree, and what I am saying is everyone must accept and deal with the consequences of their decisions and stop moaning and complaining about what's unfolding.
Well, gas pipelines from Russia to China aren't that difficult to build. In fact there's a few already and more are on the way. On the other hand, a pipeline underneath the Atlantic is impossible, so there's no light at the end of the tunnel as far as the EU is concerned. Geography trumps everything else.
So, tells us, what do you think is happening? You insinuate that maybe that is not true, could you please enlighten us and tell us your versions of the facts and who (if anyone) is winning?
@@TheAllMightyGodofCod no one really knows. If we see Russia taking Odessa then they are winning, if we see Ukraine take back some Russia controlled territory then Ukraine is winning. But we won't know about that for a while.
1. ruSSia drastically cut gas supplies last fall - well before Feb24th and sanction. It's an indisputable historic fact. This was their plan. 2. Yes it's common sense to expect agreements to be honored. EU didn't attack anyone so logically they should not be sanctioned
@@MrNeversweat Haha, there are reasons why Russia only go for non NATO countries. They know they only have nukes as a wild card and they know that they will get some in return if they use that card. Russia has always focused on small nations that are easily overpowered and they have still managed to get humiliated like in Chechnya because they always underestimates them and overhypes themselves. USSR was way more powerful and up to date militarily than Russia, and they became a part of the long list of empires that have been broken by the Afghan mountains. Small dog barks loud...
@@jebbo-c1l Putin to EU : There's a winter storm coming, Mr. EU. You and your friends better batten down the hatches, because when it hits, you're all gonna wonder how you ever thought you could live so large and leave so little for the rest of us.
@@jebbo-c1l Yeah, The EU can always depend on the Yanks & Poms to save their economy! You must have gone to Trump University to come to that conclusion!
I concede I have ZERO unique powers to read the minds in the Kremlin OR Brussels and other capitals. But from where I sit, there is too much delusion in the West. The creation of the impression that Europe was doing Russia a favour by buying her gas is another form of hubris. Its clear to any observer that the cheap fuel from Russia was good for Europe. This was a mutually beneficial agreement. Russia is looking elsewhere as is Europe. Russia new markets and possibly reduced profit margins at least in the short term, BUT for Europe its diminished supplies and higher costs for the short and long term. It doesn’t look like there is another magic source for gas for Europe that can be achieved at comparable costs. So the “weaning ourselves off Russian gas” is simply a declaration for “paying more for fuel in future” which not only increases productions costs for Europe, thus making her products less competitive, but also diminished quality of life for Europeans due to increased consumer costs. Geography demands that good and secure relations for Russia and Europe is good for both. May sense prevail. 🙏🏿
maybe this is the kick in A2 they need to start learning other ways to cook and heat their houses. That will help them in the long run. gas is a fossil fuel and this needs to be phased out anyway
What you miss though is that simultaneously, the Euro has dropped to on par with the American dollar. even with products costing 50% more from original price they are 100% cheaper for international buyers. Europe can survive this gas crisis and is still connected to the rest of the world. Putler is finding it to be a lot harder.
as usual DW is busy talking into a echo chamber. i am shocked that no one in EU even questioned the possibility of Russia halting gas supply in retaliation for the economic sanctions by EU. Now Germany has to source LNG from other sources and it will be 2026 before the infrastructure is build to supply LNG in sufficient quantity to making ban on Russian gas feasible. But Germany is going to have to suffer significant drop in industrial production which will make the current economic situation that much more worst for the next few years.
Mistakes were definitely made but the pain of reworking eu energy will still be less than being a bunch of russian vassal states because you gave putin control of your energy. The quickest way out includes helping ukraine win …. so why still dragging feet.
Question: Is it not because Germany had cheap and abundant gas from Russia that it developed its economy and living standard? I wonder how in western narrative they push the word "dependence" instead of "economic choice".
Economic choice that helped to produce cheaper VW, AUDI, BMW, Opel, than competitors Toyata, Ford etc. Not anymore as Germans forgot thanks to what and whom they managed to develop that far.
it is because of European money (for gas) that Russia has gdp similar to Moldova. take European money away and Russia has per capita gdp similar to Mozambique.
Germany is wondering how high the cost will go... when describing the sanctions on Russia didn't they describe them in the beginning as going to keep increasing until Russian economy crumbles. Might be what to expect.
Except the Russian economy is not crumbling. The IMF reported that the expected 15% GDP contraction is now down to 6% and will be revised in the Fall. The Russian Central Bank slashed interest rates to 8% from 9.5% in July, 100bps more than expected. Stats show that since late May, weekly inflation in Russia went to 0%, and hovers between 0-0.3%, and has dipped into deflation. Also, ideal weather is leading to RECORD crops. The ruble is still at a five year high. Its not crumbling. The SCO and BRICS just agreed to trade in national currencies and finished setting up mechanisms for it. The EU is the one auto-sanctioning itself and facing dire situations. The gas prices are up 400%. But the worst is the upcoming food crisis. This summer's harvest was 215% more expensive to produce because of fertilizer, seed and diesel increases in cost, but 30% has been lost due to the droughts.
The sanctions on Russia already totally destroyed their car manufacturing and flight industry. They are just able to buy food and have to save on anything else.The growth of three decades was destroyed already and that was just the beginning. Russians are starting to plunder chips from washing machines for their war machinery. Sanctions work slow but bone crushing.
@@ObeySilence The flight industry is down because they can't get Boeing and Airbus parts. The car industry is still running, but they don't produce airbags, so that is an issue. Food is normal as is everything else. I don't think that you realize much. Little has changed in Russia except the first 2 months of the war was harder, then it all normalized. Weekly inflation is down near zero since late May. And weather was ideal, so crops are expected to break all records. I cannot speak for the chips situation.
The US & UK intel services assured the EU that sanctions would work quickly. They massively underestimated the strength of the Russian economy. Whoops!
@@ObeySilence lol. You should save stories like that to tell your family as you huddle around the fire this winter. Stories will be good to fill the quiet time after someone asks "do we have any food?"
EU slammed Russia 🇷🇺 with hundreds of sanctions and its obviously not affecting Russia. However Russia slammed EUROPE with one sanction and Europe is getting choked already and suffocating 😂😂😂
it s obviously affecting it, russian troll, to the extent that russia had to stole all the planes that were on russia soil because it can t replace them herself and the same is with all the other technological things russia need because that country doesn t produce anything at all, and it will only get worse for russia in the near future
If Russia cuts off the gas, EU's appointed women administrators who never accomplished anything in life will go hysterical and hyperventilate, then faint.
And I thought USA said not to worry, they'll provide the necessary via LNG albeit at much higher prices. EU - start thinking independently. In the meantime Europe buys over $90 billions in March-July, nearly twice what it did in previous years.
You wouldn't have had to worry only if Trump was the President because he would've gave Europe as much gas as it wanted albeit not at a deceptively captive price to control the EU like they let Russia do, but at a reasonable market rate, And 90 Billions for the entire supply for spring ain't that big of deal, in America 1 state in the USA uses that CA, NY, TX, FL, Etc, a month... I wish everyone good luck with your $1000 energy bills!!
@@Crmson117 32000 ships a day ? that's hard to believe... but if true then enjoy $1000 energy bills but let's just forget about all that and just say Slava Ukraine!! all day long 🤷♂️
@@tonyjay508 Germany uses 8.6 billion cubic meters of gas a day and those cargo ships hold about 266,000 cubic meters a piece so that takes 32,330.8 LNG tankers. It needs to come from a pipeline, like from Denmark.
lol ...funny ( new cold war ) ... almost as funny ( German engineering ) ... Ukraine is reporting 155 track artillery is junk ...fancy brochure suppose to shoot 10 rounds a minute .. new spec 100 rounds a day ...lol ...lol Ukraine just bought 100 from Germany ..lol
I have no hot running water for 2nd year and room temperature in winter around 19 degrees C, no problem with that I didn't even get cold. Actually my hot running water has room temperature as boiler is let powerless and cold water going in has in winter about 9 degrees C.
Those increased costs will have to be added to the cost of manufacture. The Products made with high cost energy will not be competitive with products made by others in low cost energy countries.
Germany isn't exactly a middle income country. The things being manufactured there aren't really competing 1:1 with the countries that won't be impacted.
@@DBZHGWgamer Balance of Trade Germany is dependent on Exports made with Cheap Russian gas. when the energy costs rise 10x there will be far fewer exports and fewer jobs etc.
@@enriquelaroche5370 Again, the things being exported aren't competing with products from China or India. They're competing largely with other European countries or with Japan and South Korea a who have also placed sanctions on Russia and are experiencing increasing energy prices due to the increase in demand for oil and gas from Europe. They aren't affected at the same rate, but they also aren't getting cheap Russian gas.
@@DBZHGWgamer not exactly but over a very short time Germany will become that middle income country. This could destroy the German story as a manufacturing powerhouse,rest assured more competitors will arise in the east and fast too.
AGREED..THE WINTERS WILL BE COLD, DARK AND FULL OF TERRORS (Game of Thrones). VLADIMIR PUT IN IS THE KING OF THE NORTH. THIS CHANNEL IS BIASED AND OUT OF TOUCH. GET RID OF URSHULA VANDERLICKMY BUM.
@@RUTHLESSambition5 deep down, i am sure the knew, that russian oil is not a viable long term solution. Buying from the enemy is not generally a good idea.
German politicians are very smart to help US corrupted proxy war to destroy its own economy and wellbeing. Also helping US economy by buying their far and expensive gas!
Oh it's gonna be much worse for Russia without German money, Germany still has lots of money to buy gas elsewhere, Russians can't eat gas and they can't sell gas without pipelines and a customer. Also Germany is part of Europe, the other countries will help with gas and whatever they need to keep their industries afloat.
They knew this was coming and chose to ignore it, being energy independent is more important now than ever but that’s not the agenda wasn't europe supposed to cut off their imports months ago on their own accord?
What is your problem? This is the major concern In Germany, this is a German channel even called Deutsch Welle... Were you expecting them to do 2 pieces a day about the Brazilian pre election situation?
@@TheAllMightyGodofCod Warum erklärst du deinen Ausländerhass nicht auf Deutsch. Ich bin Deutsch. Ich verstehe, dass es ein Problem ist. Aber darauf herumkauen zweimal am Tag, macht jetzt keinen Unterschied mehr.
Finland has no problem meeting the EU commission's proposed targets in gas consumption reduction. We haven't bough any Ruzzian can for a several months and have thus reduced it's usage by far more than mere 15 %. Germany needs to take all the measures into play. Bring back coal and phased out nuclear power.
Germany has for years worked as communist agent for Russia and China all so that their automakers can sell more cars in china. CPEC, Nord pipeline is prime example of surrendering country critical infra to autocratic countries.
Most coal plants in Germany were converted to gas and retrofits back to coal take time. It would be using mothballed plants if they still exist (most were demolished). Also, most coal used in Germany (45.3%) came from Russia and it is banned as of August 1st. Nuclear is still being phased out at end of 2022 since most uranium came from Russia and Khazastan, and that will also be banned. There is NO way out. Reduced gas usage in summer is normal (that is why NS1 is shut down every year in July for maintenance) because there is no cold, no schools, many people are on vacations and longer days means less electricity usage. However, the time is usually used for storing for increased gas consumption in winter, and Germany is way behind. Less than 40% of the storage has been done. Storage is usually near 92% by end of August and this won't happen. Finland is a completely different situation than Germany.
These EU countries should reconsidered their options at their strategists. It didn't surprise me about what the Russians did to EU gas supply. What was surprising to me, was that, why did the Russians take so long to finally do it. To me, the Russians should have cut off EU gas supply, back in February, when the sanctions started rolling in. About the strategists, instead of announcing to the whole world(Russia) that EU was gonna build up the storage tanks. Well, why not do it quietly and not tell Russia, what you were going to do?. Let me give an example, if someone is to panic-buy, you don't tell the retailers that you are panic buying, and just do it strategically. The minute the retailers know that you are panic-buying, they put a limit on how much u could buy(even if they have plenty in their inventory, they still put a limit on you). For months, these so-call analysts, projected, what Russia might do, why not, quietly, build up the reserve, instead of talking about it. If you are going on vacation and you announce your vacations on social media, don't be surprised that your home is broken into, while you are gone. I'm just saying.
@@ibramblebush nobody can replace EU in russian budget, and Russia haven t find any new partner either, russian didn t cut gas because russia needs EU money to survive, but now is trying anything to force EU to surrender
EU countries other than Germany made new contracts with other gas providers for the next years. Imports of Russia gas will go down from 30 to 10% just this winter, Germany could only reduce by half.
There is a lot of speculation about Nord Stream 1 turbines. However Siemens is located in Germany where you are and you could easily interview them. For example, Gazprom has complained ten letters have been sent to Siemens who is responsible for the turbines. Is this true? Interview Siemens so we can cut to the chase. Everyone's time (and money) is being wasted with speculation when the source is right there in Germany.
I think it's very naive for the European countries to apply sanctions against Russia and not to expect any retaliations. A dark and cold winter is coming. 😉😉😉
Nah, with china and india burning so much fossil fuel….. The last few winters have been too mild. Germany is affected the most since they had the closest ties with russia. Almost feels as if being friends with russia is a bad idea 😅. Other EU countries who kept distance to russia arent affected as much. A dark and cold winter is coming for russias friend i guess 😉
@@bigboss337 Serbia, Hungary and Belarus have 3 times cheaper energy from Russia. And it is said, that they will have 12 times cheaper during the winter. It will be nice and worm for good people! ❤️💙🤍
@@Serbo-Greek I wouldn't call fascist sympathizers good people, supporting rape and murder of children just to get cheap gas is definitely not a position i would put myself in no matter if it made me broke or not. I guess we are still way far off from being able to call Europe as a civilized continent.
I think that Putin deosn't mind, if the sactions last as long as possile. In fact Russia is doing well, selling its fossel fuel to China and India among others and developing new economical partnerships and Europe is destroying itself..
So the EU nations and US think it was wise to have prices go up for all thier citizens because it is important for Ukraine to be a part of NATO. What is the problem they have with Russia since they were doing so much trade and buying Russia oil and gas over the many years. Why couldn't they just get along rather supporting a proxy war against Russia and yet expect to have Russian oil and gas. Very smart leaders that really care for thier countries and citizens, carry on you all will drive world prices up higher. They also have the ball to say the cost will be passed on to the consumers because those rich companies and corporations will be bankrupt so sad. This is all a deliberate act to reset by rise prices worldwide. Something else is going on a master plan of the elites to own more and be richer that all.
No, what is important is not to have Russia invading a neighbour for territory. Why get along when all we need is a little hardship to break Russia beyon repair. BTW, "Rick Smith", your username fools nobody.
@@stream2watch really break Russia ask Trump what he thinks about Putin. You have no idea what is happening because you haven't read the whole thing I wrote or understand what is my point. I suggest you read and understand first before running your mouth.
@@ricksmith5256 "I suggest you read and understand first before running your mouth." Pretty complicated. Your syntax is that of a person that has flunked high school. How about you start expressing yourself like an educated person would, instead?
Bye Bye Putin. He was getting $800 million a day from energy sales to Europe. China and India cannot nor have the capability to replace it. War is expensive and Russia will not have the money to fight this war nor pay their soldiers. Russian soldiers are already griping about not being properly supplied and "bonus" pay that they are not getting. The Russian people will suffer and hopefully they get rid of Putin.
if it s just cold showers we ll survive but russia is already getting back to the 90 s, EU will advance , we ll replace fosil energies, you need western technology, you won t have it anymore, prepare for a new life of 90 s nostalgy
@@cozethugo4674 That is a tradition in a lot of Northern countries. Finland does this as well, Sweden also. Even in Canada, the polar bear swim is still a tradition in many places.
@@Feyser1970 The IMF just issues stats, and the sanctions are having not even 1/3 of the expected effects. In fact, many things have improved. Inflation is near zero since the start of June. Interest rates were slashed to 8%, 100bps lower than expected and are BELOW pre-war levels. The expected 15% contraction was revised to 6% and may be as low as 2-4%. The ruble is at a five year high. There is some Western things that need replacements like airbags for car that they can get from Asia and parts for Airbus and Boeing aircraft. The Russians will likely respond by building more Sukhoi commercial jets. A lot of tech can be had from China or India which produces tech for the West. In the EU, energy is 400% up. France is scrambling for LNG because half of nuclear plants are down. Macron told the industry to retrofit the boilers from gas to oil. Plus, harvest in the EU was 215% more expensive to produce because of diesel costs, seed and fertilizer prices increases and 30% of crops were lost due to the droughts and fires. So, food could triple in price by the Fall. And, if industry has no energy, mass layoffs. Believe me, its not looking fun.
The European Union cannot ban Russian natural gas, as the step would harm EU members more than Russia, Austrian Chancellor Karl Nehammer warned on Thursday, as cited by Austrian media outlets. “Sanctions must hit those against whom they are directed more, but not harm those who decide them,” Nehammer told the Austria Press Agency. “Austria’s position is that an embargo on gas is impossible. Not only because Austria depends on Russian gas, but the German industry also depends on it, and if it collapses, the Austrian industry will also collapse, and we will face mass unemployment,” Nehammer said.
@@artjomsrimdjonoks2938 Latvia has continued to buy Russian natural gas even after refusing to adhere to Moscow’s ruble payment demand, the head of Latvian gas company Latvijas Gaze has told the news outlet Delfi. British-crewed ships have participated in transporting Russian crude oil to Asia, The Independent revealed on Friday, claiming that the “small part” they play in the chain indicates “huge holes” in the Western sanctions on Moscow. Wake up this oil and fuel embargo is a farce. If Russian oil is taken off the market the global economies would collapse and there would be riots and these governments would be overthrown.
Lol no. Russias enonomy is about to never get on their feet again. The negative effects on Europe are just low to medium. You get used to cold, not such a big deal.
If you taught this didnt affect you its because your expectations from life are minimum ,Russia has always been affected by sanctions ,your cities are old ,buses remained from sovied era ,teens on crocodile die right and left ,alcoholism is rampant ,prostitution galore ,age median of the engineers in your military industry is amongst the highest ,bright youth run outside on the first occasion ,people do not give birth and the life expectancy is low ,corruption is endemic ,30 years ago you were the second superpower ,right now you are struggling in a flat country with a 4th of your population and 10th of your military ,yeah Ivan everything is fine ,good sleep
I always try to find the bright side of the problem, and the truth is, EU is lucky that Russia didnt wait a few more years to invade Ukraine, by which time the Green deal, Nordstream 2 and EU's dependence on russian gas would be on a completely different level. EU basically wants to very rapidly transition from fosil fuel and nuclear to renewables, but scaling up renewables to that extent will still take decades, so the middle ground would be to use russian gas in the meantime even for creating electricity (it would replace all coal and nuclear plants), because it is more environmentally friendly to burn gas rather than coal and gasoline. Nordstream 2 should have more than doubled the import of russian gas this year. If Russia started gas blackmailing in the middle of the transitioning pediod when EU would be completely dependent on gas, it would result in a true economic catastrophy. Right now EU can kinda survive without russian gas, some countries worse than other, but the economy does not collapse. If this happened 5-10 years in the future, when EU and especilly Germany wanted to use gas to produce electricity in gas burning plants, we would not only lose heating during winter, but the electricity itself would be in jeopardy and therefore also super expensive. I personally think that if Russia waited and invaded Ukraine in like 2027-2030, EU would not even be able to apply any drastic sanctions because no gas would mean a total collapse of EU as even electricity availability would be cut way down.
One thing I think you both miss is that this war is being led by one old man who is dictator of Russia and he maybe, doesn't think he has 5-7 years to wait. But yes, it was a serious error on his part. Laughably terrible if it wasn't so heartbreakingly destructive.
Utter bs you are misreading the situation, the results for gas shortage are going to be catastrophic at this point for Germany and the entire EU. Yours is only a wishful thinking from school boys.
Russia: Due to EU sanction, we don't have parts to fix our pipeline so we will reduce your gas ... to 0% EU: No worry, we will live like animals, naked and no showers.
Pathetic appeasers of Russian behavior are the lowest of creatures, some internal reforms, sacrifices & fortitude, cooperation, and innovation will be able to create a better outcome.
That's how the Russians will live, without the gas income. À propos, before Putin got mad jealous about Ukraine and made the fateful mistake of invading it, the EU countries relied on Russian gas for only 40% of their needs. The Germans will take cold showers and dress warmer, but they won't go hungry, like the Russians.
@w surfer you do know that we are very, very, very open minded in Europe and we do love to go nudist style, even with cheap russian gas, right? About living like animals, you live like an animal, I live like an animal, we all live like animals because we are animals. Humans are animals. That said, I hope you live in a much better place than Europe because I wish you well but if you don't, if you by any chance live in a worst place.... Come and move to the EU! We welcome you and then, if you are comfortable with that, you might go nude to our wonderful nudist beaches, you might love it!
@@peabase The Russians won't go hungry unless their society completely collapses, they have plenty of agricultural resources... but their agriculture efficiency & profitability will likely be degraded, the quality/variety of grocery store options might be diminished. Russia will face many consequences for their vile behavior, but basic necessities are less likely to be an issue, even if those sectors degrade... then again corrupt autocratic regime might starve population to sell to foreigners...
I sense that you want to rub that into Merkel's face... with very good reasons. How did UK like Germany pulling out of weapons support commitment suddenly after the gas "turbine" issue?
Lol yet they claim NATO and EU has never been this united. I will give it until the half of december then Germany will be forced to mend this with Putin for gas.
Maybe you forgot that Germany was fighting pretty much all the big world powers in WW2 simultaneously. Had it been only Ruzzia, it would've been an easy victory.
I think it's worth noting that Russia does not have to cut off supply completely for there to be problems this winter. If they do, we are guaranteed a recession and rationing in Europe 2022/23 at a minimum.
You are right, and I believe they won't do it for 2 reasons, maybe more: 1st - it's there style. Destabilise. They like to play cat with a mouse, attacking, then giving hope they will not attack... And then when you had time to breath a bit and recover a bit, attack again and repeat. 2nd- if they do, they have no one else to sell their gas and they risk that we find alternatives and then we won't buy it again. I think nobody is expecting Europe to go and begg Russia for gas and like... Say "please let me have it and I promise I will support you ever!" That want happen. If gas is cut, the EU will find alternatives and once it does... It is game over for russian gas
Most countries in Europe have reduced Russia gas imports by 2/3 already and are filling gas reserves right now. Next year we will use even less gas from Russia. You keep mistaking Europe with Germany.
FIRST, Russia is NOT cutting gas. There are now 3 compressors of 5 that are offline on NS1 due to Siemens turbines issues - either absent for repairs and not returned due to sanctions, or others that were found damaged during the maintenance in July. The Russians can do nothing. Apparently Siemens found another turbine with issues so it may be down to 1 compressor in August. The reason for Nordstream 2 was to prevent this scenario but Scholz doesn't want to open it. The Russians did nothing. Yamal-Europe was shut down by Poland, who reversed the flow to get Russian gas from Germany at a cheaper price and Ukraine shut down one of its two pipelines in May for unclear reasons, mostly political. The EU did this to itself - stop blaming the Russians for its own stupidity. The EU is in MAJOR trouble. Gas is one thing, but Germany is looking at ZERO energy. Coal plants were retrofitted to gas and reconversion would take time. Most coal (45%) came from Russia which is banned as of August 1st and so was uranium. So, the 3 plants will likely close at the end of 2022. PLUS, what people haven't yet been told, is that this summer's harvest was 215% more expensive to produce than 2021 because of fertilizer/seed/diesel price increases and droughts have caused so far a 30% crop loss. This should come into effect near October/November with massive price increases for food. If Germany tanks, the whole EU will go down the toilet. France is in MAJOR trouble. 29 or its 56 reactors are down due to lining issues. Macron is scrambling for LNG and a floating LGN plant. He told industry in the south of France to convert boilers to oil instead of gas. Uniper, Germany's main gas company, failed and had to be bailed out. EDF (Énergie de France), is close to bankruptcy with billions in debt. The EU is looking at a major depression, not just a recession.
@@motherstar1 The ENTIRE EU industry and life is built on gas for heat, cooking, electricity, etc. You can't just cut overnight without infrastructure.
The EU says it will cut gas imports from Russia by two-thirds within a year, but has stopped short of a total ban. To help reach its goal, member states have agreed to cut gas usage by 15% over the next seven months.26 juill. 2022. Now Russia is doing it first and it's now unacceptable.
Yeah I'm sure China sees Russia leveraging all of Europe with gas and thinks "that looks like a safe bet.. let's invest billions to put our balls in a Russian vice grip". Plus China is currently having a banking and housing crisis. Look it up. Chinas little economic miracle is running into a roadblock called REALITY.
Power of Siberia 1 is already online since 2019. Power of Siberia 2 is expected for 2030 at the latest. 5 LNG stations for gas to China were also opened in 2019.
No - they offered Nordstream 2 as an alternative to the technical problems on Nordstream the first week of June. Germany is doing this to itself. Why, is not clear. Nordstream had 3 of 5 compressors down due to turbine issues. Ukraine cut 1 of the 2 pipelines for no reason, and Poland cut Yamal-Europe to reverse-flow it and buy gas from Germany, so that they could get a better price and Uniper could make a profit since they get Russian gas at a discount. The Russians did their job. The EU are self-mutilating and lying.
Russia's main exports are basic commodities such as food and energy, while europe's majority of their economy is manufacturing. in a complete halt of trade, Russia will loose the supplier for luxury whil europe looses the supplier of energy.
He was dead wrong. The US wanted to break the win-win business relationship between EU and Russia as the mutually beneficial arrangement will prosper both EU and Russia. The US instigated the Ukraine war. Without US evil machination, what is wrong with EU depending on Russian oil? What is wrong with the whole world depending on Saudi oil?
EU will suffer for a while but this will incentivize the search for energy alternatives and at the end will be positive for the EU strength, Russia will just be keeping selling commodities EU will advance technologically because of the need of survival
EU was not going to survive even before the American sanctions. In the coming winter the freezing Europeans will meet the starving Africans who will speed up their extinction.
Exactly. Of course it will hurt the EU is the short to mid term. Whenever you introduce a sudden change, there will be an amount of pain related to it, but the transition into renewables will be much faster now than it would've been while we had the excuse of using Ruzzkie supplied gas.
Euro was indirectly backed by Russian resource and commodities when Russia accept it as trade currency, by kicking Russia out of SWIFT, Russia cannot accept Euro as payment, also since all those sanction, Euro become useless for Russia, before Beijing Olympic, China and Russia was signed a huge deal and use Euro for payment, that is what make Euro strong, now Euro lose it is status backed by Russian's resource and commodities, what is Euro good for? The USD is backed by OPEC oil, the Rubles is backed by Russian resource and commodities, Chinese Yuan is backed by half-finish/finished commodities, Euro backed by what?
@@ashleylittle6776 Exactly. This is actually the golden opportunity to speed up the transition into renewables and domestic sources. Things will speed up a lot when you absolutely have to.
Nobody speaks about opportunity for Russia to keep the gas, invest it in feralizer production and have total control over fertiliser market as all other countries will have too high gas price and will shut down fertiliser production, while Russia is prepared to multiply fertalizer production. Its a huge asset in international negotiations.
@@jeremygibbs7342 of course they will maintain the level of export at highest possible price as it is now. We in Europe do not have any alternative. Liquefied gas is 3-5 times the price and infrastructure capacity is less than 10% of what is needed. Nobody will invest in expanding it as nobody knows if Russia will again traditionally dump the prices so much that nobody will be able to resist it, in order to be competitive world wide. But having absolute global monopoly on fertilizer is ultimate asset for geopolitical negotiations. Gasprom actually owns a huge percentage of industry world wide, as they can sell gas to themselves at best prices. Nobody can compete them, as nobody will be able to compete in food production without them. We also know that farmers are pretty strong interest group in western societies. Look whats happening in Netherlander over fertilizer nitrogen taxation.
Pay Russia for the energy. Unblock the accounts where payments.are deposited It's ridiculous that the EU wants Russian energy but refuses to pay for it.
we saw the solidarity during covid when Germany and Austria treated french ill people when french hospital were overthrown , and russian troll doesn t have the news correctly either, that was Italy intercepting czech mask that were sent by China but stolen and smuggled by criminals, EU will prevail and will be stronger
@@Feyser1970 also proving yourself being a fool because eit was italian masks, not Czech ones, headed for Italy, not for Czechs, being illegally smuggled and stopped by Czech police.
Keep on telling yourself that. It just shows that you have not understood the situation. Meanwhile, load shedding will still be a fixture in your country.
Why are you showing images of London when you are talking about Europe,,,, we (Britain) left that eu sh it show 2 +years ago. Not cuts in Britain, plenty of gas and electricity here
That's right, RS just cuts off gas supply to latvia for its contract violations. Now the german government is weighting on the decision of starting up the Nord Stream II to make up for the mistakes it has blindly made to follow the poor anti RS policy of EU.
I don’t think people would have been showering to the extent they do if it was £10 a shot. Maybe it’ll take that sort of pricing to stop the showering madness. Although showering costs me nothing because I don’t indulge, something is costing me a lot ..maybe boiling water for cups of tea or my fridge maybe in need of brushing down at the back. A decent electric blanket copydexed to a duvet will need to be brought into play and living in a very small well drought-proofed room come the winter.
I do similar things in USA. If it is very cold, I limit how many rooms I use. and obstruct airflow between with blankets. i also sometimes do as much as possible from the couch or bed and under blankets. Hopefully I will start working from home soon, and by winter will be able to do that more than I do now.
In Finland, I'm going to keep on living the same way I have for many years. Absolutely nothing is going to change. I'll take cold showers only after sauna.. every day.
Russians are told from all TV channels that people in Europe are rich, they live for fun... And I read the comments and see how people complain that they can't pay the usual utility bills... I did not think that rich people have such problems =)
Europe needs a cultural revolution. Europe needs to put the past behind them and stop looking at Russia as a threat. Russia has been under severe debilitating sanctions for years. They are used to it. Their economy is a mere 5% of the western world. They can afford to be decoupled from the west; they can lose all the energy revenues and they will still survive.
At last check, Germany has some perfectly good nuclear plants sitting on the sidelines. Bring those back online and that will solve most of their supply issues.
lol... Germany is shutting down three more. I think you underestimate the self-righteousness of urban Germans toward decommissioning nuclear plants. Germans will rather fire up their coal plants.
The MAJOR problem is that Germany imported its uranium from Russia and Khazakstan. Most were decommissioned and cannot be brought back online. The last 3 could be extended if new uranium sources are found.
Over the last yr n a half I've built an off grid power system for my house. It has cut my energy bill considerably. It could help those who can afford to do it quickly. Itll sure be cheaper than the bills coming during the winter. Hopefully it won't be as long as a winter as predicted
As hot as it is said to be in EU, maybe it won't be so cold of a winter? Who makes the predictions on how cold it will be? Predictions in USA on how winter will go are often wrong. hopefully winter will be very mild in Germany and Europe
@@motherstar1 The problem is fluctuations due the Earth's axis and air masses being less stable. A 2 week polar vortex on the EU with no gas would be deadly. Thousands would die from cold.
In my opinion This video reminds me of the thousand of jailed journalists in vietnam so far such as Tran Huynh Duy Thuc , Pham Chi Dung , Nguyen Tuong Thuy , Pham Chi Thanh , Can Thi Theu , Le Dinh Luong , Truong Minh Duc , Nguyen Trung Ton , Pham Van Troi , Hoang Duc Binh , Tran Anh Kim , Pham Van Diep and the new green environmentalist Nguy Thi Khanh.
The US & UK intel services assured the EU that sanctions would work quickly. They massively underestimated the strength of the Russian economy. Whoops!
Why didn't Germany listen to the warning from Donald Trump in 2018 about not being overexposed to Russian energy instead of just laughing at him? I'm just glad that we left the eu, thank god for brexit.
Because what Donald Trump said in 2018 is pure greed from the American side! It wouldn't help Europe with their economy development! The cost of production in EU is ridiculously expensive, the only way to keep all their industrial sector stay in Europe, they need cheap energy, can the US LNG, nuclear power, or other alternative energy as cheap as Russian energy? If not then what it is the point for throwing BS around?
@@rmdomainer9042 if it's an important message, it shouldn't matter who delivers it. Would you ignore a clown if he told you to get out of the way of an oncoming bus?
@@Drobium77 If he was acting all clownish about it, yes. It is also not plausible that the Donald has an actual personal opinion on the matter. Dude's an empty vessel.
Kind of curious to how much power France produces with nuclear power. I know they have the most nuclear power plants out side of the US, maybe they can export some of that power to Germany.
No as a Russian living in France for more than 10 years, I can tell you we have a problem with summer heat, and subsequent decrease in cooling capacity for the stations ( water for cooling of reactors comes from rivers, mostly Rhône), so we can't use our nuclear power plants for more than 60% of nominal capacity, not even dreaming about energy export.
Ironically Ukraine is about to boost electricity exports to EU by at least x2.5 (it's up there with France in terms of nuke power output). But natural gas (as a chemical) is often required in manufacturing. Anyway, market will rebalance and it'll work out in the end.
It will work out in the end. German manufacturers' products becoming too expensive for the market to buy. American and Asian producers getting bigger market shares.
@@sergeyb8 Ukraine can’t do this, you can place a bet on it that Russia will blow up the infrastructure on September 1st, just before the game of thrones begin
One thing to remember is that if Pukin furns off tbe gas he has lost his leverage. This "energy weapon" of his can only be used once and aftef that its useless Catch my drift?
That and Russian income flows & reputation will be further weakened... but Europe should have prepared more prudently a long time ago. Some of the infrastructure aiming towards obnoxious eastern enablers, should be sabotaged, weakening Russia & those back alley hypocrites.
@@assertivekarma1909 Hi from Russia.. Income flows? China alone eats everything we provide. Emerging markets need gas, not greenies. Reputation? How to say... hunter dont care what his prey thinks. You put too much attention to soft power. Soft power maybe works well in good times. Now everybody needs more tangible things - food, energy, weapons... We can cover all. And you? Who will need your overpriced goods tomorrow...
@@ObeySilence he's got Europe where he wanted dude .. isn't it common sense now that Europe is bearing the brunt of its own sanctions? In all honest opinion Russia will do ok without Europe. Whatever technology the west have will be acquired from China or through third countries. Remember north Korea and Iran have survived sanctions for ages
Not all EU countries are dependant on russian gas, mostly germany and few other countries in continental europe. France, UK, Spain, the Nordics arent affected as much. Germany had the closest ties with russia and they got screwed. Feels almost as if being close friends with russia is a bad idea 😅. And the haters are cheering for a cold winter lol. They want russias closest friend in the EU to suffer 😅, funny bunch of ppl
EU should be thankful to Russia for helping them achieve their target to get off dependence on Russian gas.
at the cost of Germany's economy?
They should thank them that this is one step closer to saving the planet. They always are concerned about climate change, well no need to worry now when you don't have any fossil fuel.
@@98091238, You’re pretty ignore ant eh?
Russia supplies 40% of Germany’s natural gas. About 40% of Germany’s natural gas is used to heat people’s homes. If Germany cuts off the natural gas to everyone’s homes, then industry will have all the gas that they need. If people get cold, they can wear long johns and a jacket. When they sleep they can use more blankets.
People live outside in the snow for fun. It’s called “camping”. They don’t freeze to death when they wear proper clothes and use a proper sleeping bag.
Also, the wimps who can’t handle a cold winter can easily buy a nice modern efficient clean burning wood stove that can burn firewood and coal. Germany has plenty of coal.
But obviously you’re too stew pid to use your brain to come up with solutions. You’d rather whine, complain, and cry like a baby.
Yes.
You're typing from US I guess
Dont worry, Russia is doing a 'special green energy operation'.
🤣🤣🤣🤣👍
Hahaha 🤪 now they’ll need everything to build windmills and solar panels! Where’s that going to come from ? Mining ⛏!!
Going to have to dig up the earth now for ingredients 🤨
People's reasoning amazes me sometimes. Each country must do what it needs to do to get desired result. If Russia cuts the gas completely it's them that's gotta deal with consequences, EU declared to reduce gas dependence from Russia they should deal with the consequences of their decisions as well.
Fact that west sanctioned everything Russia except gas is clear indication that Russia got them by the balls in regards to gas, so why shouldn't they try to sway things their way?
Secondly, If it's hard for Russia to trade gas with China and India because of the distance and absence of streams, same applies to Europe in relation to turning to US as alternative...
Everyone must be prepared to take their losses. The one with less losses is the eventual winner.
It's already over the relationship between Russian and EU, so what Russia has to lose if they cut the gas completely? Nothing! Putin knows Europe gonna cut the comercial relation with russia and now he's just playing with EU. Putin it's already selling gas to others coutries, EU can buy gas from someone else but first will be a harsh winter and will take YEARS to construct another tabulation. Russia is the one holding the cards
@@nihil303 I agree, and what I am saying is everyone must accept and deal with the consequences of their decisions and stop moaning and complaining about what's unfolding.
Who cares about Russia at this point ?
Yes, very well put.
Well, gas pipelines from Russia to China aren't that difficult to build. In fact there's a few already and more are on the way. On the other hand, a pipeline underneath the Atlantic is impossible, so there's no light at the end of the tunnel as far as the EU is concerned. Geography trumps everything else.
But why to worry ! Europe, The West and Ukraine is winning in every front. That's what you tell everyday..
So, tells us, what do you think is happening? You insinuate that maybe that is not true, could you please enlighten us and tell us your versions of the facts and who (if anyone) is winning?
Nobody tells that.
There is a thing called honour ,dont expect everybody to understand
@@TheAllMightyGodofCod no one really knows. If we see Russia taking Odessa then they are winning, if we see Ukraine take back some Russia controlled territory then Ukraine is winning. But we won't know about that for a while.
Last time I checked Kiev was not Russian controlled, Russia is embarrassing on the global stage watching from Australia.
As long as this gas shortage doesn’t hurt people of USA and the economy, that should be fine for Germans 🤔🤔🤔
Exactly. That's the price of limited sovereignty.
US economy is hurt bad.
@@Maplelust US economy is hurt by their own oligarchs. It is harvest time.
@@MetaView7 eh.
First they put sanctions and then they beg to support them by providing gas ... funny how european thinks
1. ruSSia drastically cut gas supplies last fall - well before Feb24th and sanction. It's an indisputable historic fact. This was their plan.
2. Yes it's common sense to expect agreements to be honored. EU didn't attack anyone so logically they should not be sanctioned
Well said
I don't think that they think.
They are lucky this is putin
Medvedev would have cut ages ago
@@MrNeversweat Haha, there are reasons why Russia only go for non NATO countries. They know they only have nukes as a wild card and they know that they will get some in return if they use that card. Russia has always focused on small nations that are easily overpowered and they have still managed to get humiliated like in Chechnya because they always underestimates them and overhypes themselves. USSR was way more powerful and up to date militarily than Russia, and they became a part of the long list of empires that have been broken by the Afghan mountains. Small dog barks loud...
Hypocrisy was invented by the west
Europe: unleashes the most severe sanctions in history.
Russia: turns down gas flow to 40%
Europe: That’s not fair.
Nobody with half a brain...
so true!
Wasn't that a technical problem in maintenance of the pipelines? Whatever, we made contracts to buy gas from other countries.
@@eaman11 LOL contracts. It sounds like the EU has nothing to worry about.
@@jonathanjacob5453 Do you think that Spain, France, Nord Europe have ever cared about Russian gas?
EU sanctions Russia to in and out. But cries when Russia strikes back
lol who is crying? Russia at the very bare minimum deserves these sanctions and the EU will overcome any consequences
@@jebbo-c1l Putin to EU : There's a winter storm coming, Mr. EU. You and your friends better batten down the hatches, because when it hits, you're all gonna wonder how you ever thought you could live so large and leave so little for the rest of us.
@@jebbo-c1l Yeah, The EU can always depend on the Yanks & Poms to save their economy! You must have gone to Trump University to come to that conclusion!
Didn't the Europeans claim that they can move away from Russian gas months ago?
nope
Years.
I thought it was the West that implemented sanctions on Russia gas... 😂😂😂
Lol
I concede I have ZERO unique powers to read the minds in the Kremlin OR Brussels and other capitals. But from where I sit, there is too much delusion in the West. The creation of the impression that Europe was doing Russia a favour by buying her gas is another form of hubris. Its clear to any observer that the cheap fuel from Russia was good for Europe. This was a mutually beneficial agreement. Russia is looking elsewhere as is Europe. Russia new markets and possibly reduced profit margins at least in the short term, BUT for Europe its diminished supplies and higher costs for the short and long term. It doesn’t look like there is another magic source for gas for Europe that can be achieved at comparable costs. So the “weaning ourselves off Russian gas” is simply a declaration for “paying more for fuel in future” which not only increases productions costs for Europe, thus making her products less competitive, but also diminished quality of life for Europeans due to increased consumer costs. Geography demands that good and secure relations for Russia and Europe is good for both. May sense prevail. 🙏🏿
maybe this is the kick in A2 they need to start learning other ways to cook and heat their houses. That will help them in the long run. gas is a fossil fuel and this needs to be phased out anyway
@@motherstar1 I don't see any other way besides building a lot more nuclear power stations.
there is no sense until Russia pulls out of its insane imperialist war
This is the most sensible post I have read. Thank you!
What you miss though is that simultaneously, the Euro has dropped to on par with the American dollar. even with products costing 50% more from original price they are 100% cheaper for international buyers.
Europe can survive this gas crisis and is still connected to the rest of the world. Putler is finding it to be a lot harder.
as usual DW is busy talking into a echo chamber. i am shocked that no one in EU even questioned the possibility of Russia halting gas supply in retaliation for the economic sanctions by EU. Now Germany has to source LNG from other sources and it will be 2026 before the infrastructure is build to supply LNG in sufficient quantity to making ban on Russian gas feasible. But Germany is going to have to suffer significant drop in industrial production which will make the current economic situation that much more worst for the next few years.
Sometimes you´ll pay a price. And I think this price is worth when getting Russia back to cavemen times.
Mistakes were definitely made but the pain of reworking eu energy will still be less than being a bunch of russian vassal states because you gave putin control of your energy. The quickest way out includes helping ukraine win …. so why still dragging feet.
We talked about that at lenght - in February.... So no echo chamber, but the state of affairs today.
2026 lol ...by 2026 they wont need the amount of gas that it needs today any longer...
based comment.
Question: Is it not because Germany had cheap and abundant gas from Russia that it developed its economy and living standard?
I wonder how in western narrative they push the word "dependence" instead of "economic choice".
Economic choice that helped to produce cheaper VW, AUDI, BMW, Opel, than competitors Toyata, Ford etc.
Not anymore as Germans forgot thanks to what and whom they managed to develop that far.
No because they are not into the production of cheap goods. They build Mercedes and BMW, not FIAT.
it is because of European money (for gas) that Russia has gdp similar to Moldova.
take European money away and Russia has per capita gdp similar to Mozambique.
@@tedcrilly46 Take russian gas away from european wealth for last 30 years, and you will have the right data about european economy.
Germany is wondering how high the cost will go... when describing the sanctions on Russia didn't they describe them in the beginning as going to keep increasing until Russian economy crumbles. Might be what to expect.
Except the Russian economy is not crumbling. The IMF reported that the expected 15% GDP contraction is now down to 6% and will be revised in the Fall. The Russian Central Bank slashed interest rates to 8% from 9.5% in July, 100bps more than expected. Stats show that since late May, weekly inflation in Russia went to 0%, and hovers between 0-0.3%, and has dipped into deflation. Also, ideal weather is leading to RECORD crops. The ruble is still at a five year high. Its not crumbling. The SCO and BRICS just agreed to trade in national currencies and finished setting up mechanisms for it.
The EU is the one auto-sanctioning itself and facing dire situations. The gas prices are up 400%. But the worst is the upcoming food crisis. This summer's harvest was 215% more expensive to produce because of fertilizer, seed and diesel increases in cost, but 30% has been lost due to the droughts.
The sanctions on Russia already totally destroyed their car manufacturing and flight industry. They are just able to buy food and have to save on anything else.The growth of three decades was destroyed already and that was just the beginning. Russians are starting to plunder chips from washing machines for their war machinery. Sanctions work slow but bone crushing.
@@ObeySilence The flight industry is down because they can't get Boeing and Airbus parts. The car industry is still running, but they don't produce airbags, so that is an issue. Food is normal as is everything else. I don't think that you realize much. Little has changed in Russia except the first 2 months of the war was harder, then it all normalized. Weekly inflation is down near zero since late May. And weather was ideal, so crops are expected to break all records. I cannot speak for the chips situation.
The US & UK intel services assured the EU that sanctions would work quickly.
They massively underestimated the strength of the Russian economy. Whoops!
@@ObeySilence lol. You should save stories like that to tell your family as you huddle around the fire this winter. Stories will be good to fill the quiet time after someone asks "do we have any food?"
EU slammed Russia 🇷🇺 with hundreds of sanctions and its obviously not affecting Russia. However Russia slammed EUROPE with one sanction and Europe is getting choked already and suffocating 😂😂😂
it s obviously affecting it, russian troll, to the extent that russia had to stole all the planes that were on russia soil because it can t replace them herself and the same is with all the other technological things russia need because that country doesn t produce anything at all, and it will only get worse for russia in the near future
If Russia cuts off the gas, EU's appointed women administrators who never accomplished anything in life will go hysterical and hyperventilate, then faint.
Brilliant, dude. pmsl
Russia sanctioning EU 😂😂😂
Welcome to DW Close Up where the camera is much closer to everybody than normal
Lol, sure,obviously so
And I thought USA said not to worry, they'll provide the necessary via LNG albeit at much higher prices. EU - start thinking independently. In the meantime Europe buys over $90 billions in March-July, nearly twice what it did in previous years.
You wouldn't have had to worry only if Trump was the President because he would've gave Europe as much gas as it wanted albeit not at a deceptively captive price to control the EU like they let Russia do, but at a reasonable market rate,
And 90 Billions for the entire supply
for spring ain't that big of deal,
in America 1 state in the USA
uses that CA, NY, TX, FL, Etc, a month...
I wish everyone good luck with your $1000 energy bills!!
@@tonyjay508 doubt it. trump is a nationalist.
It would take over 32,000 LNG tankers to provide Germany with gas for a single day. 700 of those ships exist. It's not a price thing.
@@Crmson117
32000 ships a day ?
that's hard to believe...
but if true then enjoy $1000 energy bills
but let's just forget about all that and
just say Slava Ukraine!! all day long 🤷♂️
@@tonyjay508 Germany uses 8.6 billion cubic meters of gas a day and those cargo ships hold about 266,000 cubic meters a piece so that takes 32,330.8 LNG tankers. It needs to come from a pipeline, like from Denmark.
They lie so much they end up believing their lies... poor journalism
Can you point out specifically where they lie?
which lies are those? bet you won't answer.
@@ObeySilence well if it's a journalism from America, than you bet your butt all of it is
Cold showers and a new cold war. Actually the prospect of a new cold war is a cold shower.
lol ...funny ( new cold war ) ... almost as funny ( German engineering ) ... Ukraine is reporting 155 track artillery is junk ...fancy brochure suppose to shoot 10 rounds a minute .. new spec 100 rounds a day ...lol ...lol Ukraine just bought 100 from Germany ..lol
Maybe practice taking 2 minute hot showers. It's not going to be easy but might be necessary.
I have no hot running water for 2nd year and room temperature in winter around 19 degrees C, no problem with that I didn't even get cold.
Actually my hot running water has room temperature as boiler is let powerless and cold water going in has in winter about 9 degrees C.
Just use rags and a bar of soap. You shouldn't shower each day anyway.
Why dont you share your bed, bathub and kitchen with your neighbour?
Those increased costs will have to be added to the cost of manufacture. The Products made with high cost energy will not be competitive with products made by others in low cost energy countries.
Germany isn't exactly a middle income country. The things being manufactured there aren't really competing 1:1 with the countries that won't be impacted.
@@DBZHGWgamer Balance of Trade Germany is dependent on Exports made with Cheap Russian gas. when the energy costs rise 10x there will be far fewer exports and fewer jobs etc.
@@enriquelaroche5370 Again, the things being exported aren't competing with products from China or India. They're competing largely with other European countries or with Japan and South Korea a who have also placed sanctions on Russia and are experiencing increasing energy prices due to the increase in demand for oil and gas from Europe. They aren't affected at the same rate, but they also aren't getting cheap Russian gas.
@@DBZHGWgamer So there will be the world of $2.00 a gallon gas and the west with $10.00 a Gallon Gas. welcome to the new world.
@@DBZHGWgamer not exactly but over a very short time Germany will become that middle income country. This could destroy the German story as a manufacturing powerhouse,rest assured more competitors will arise in the east and fast too.
That's a man talk wow impressive well when you spent billions of euros to serve Ukraine instead of your own citizens that's going to be a mess really.
EU enjoyed putting pressure on Russia for years. Now the tide has changed. EU is enjoying the boomerang effect🙄
AGREED..THE WINTERS WILL BE COLD, DARK AND FULL OF TERRORS (Game of Thrones). VLADIMIR PUT IN IS THE KING OF THE NORTH. THIS CHANNEL IS BIASED AND OUT OF TOUCH. GET RID OF URSHULA VANDERLICKMY BUM.
It doesn't matter imperialist putinist. It's irrelevant. Europe will support Ukraine to the end.
Cope fascist.
The EU has had years to prepare for this so there's nothing to worry about.
They spent years getting addicted to Russian oil
Sure dude???
Germany never prepared they are in panic now with gas rationing
They had years to prepare but didn't
@@RUTHLESSambition5 deep down, i am sure the knew, that russian oil is not a viable long term solution.
Buying from the enemy is not generally a good idea.
German politicians are very smart to help US corrupted proxy war to destroy its own economy and wellbeing. Also helping US economy by buying their far and expensive gas!
America against Nord Stream 2 when there was no conflict in Ukraine
Germans must go through a very cold and dark winter for the sake of Ukraine... I applaud you Germans 👏👏👏👏👏👏👏👏
Oh it's gonna be much worse for Russia without German money, Germany still has lots of money to buy gas elsewhere, Russians can't eat gas and they can't sell gas without pipelines and a customer.
Also Germany is part of Europe, the other countries will help with gas and whatever they need to keep their industries afloat.
@@eaman11 General Frost is coming 😂
@@RUclipsisZionistTool And this year it won't be Russia to profit from it, same for the future.
@@eaman11 You clown
Hope these thoughts will warm you during cold winter nights. Still, you can use euros for your fireplace. ..
They knew this was coming and chose to ignore it, being energy independent is more important now than ever but that’s not the agenda
wasn't europe supposed to cut off their imports months ago on their own accord?
imports have been cut already, we are talking about a relatively amounts but when demand is high every little bit is hard to cut.
It seems they release yet another video on exactly the same topic twice a day... *yawn
What is your problem? This is the major concern In Germany, this is a German channel even called Deutsch Welle... Were you expecting them to do 2 pieces a day about the Brazilian pre election situation?
@@TheAllMightyGodofCod Warum erklärst du deinen Ausländerhass nicht auf Deutsch. Ich bin Deutsch. Ich verstehe, dass es ein Problem ist. Aber darauf herumkauen zweimal am Tag, macht jetzt keinen Unterschied mehr.
Listen the CIA is working as hard as it can!
Western media are getting desparate 🤭
Only thing is lacking down is Russia and China and India to get together.
Never going to happen. China is not Russia's ally nor is India
Isn't that close enough?
Finland has no problem meeting the EU commission's proposed targets in gas consumption reduction. We haven't bough any Ruzzian can for a several months and have thus reduced it's usage by far more than mere 15 %.
Germany needs to take all the measures into play. Bring back coal and phased out nuclear power.
Germany has for years worked as communist agent for Russia and China all so that their automakers can sell more cars in china. CPEC, Nord pipeline is prime example of surrendering country critical infra to autocratic countries.
But Fukushima!
Most coal plants in Germany were converted to gas and retrofits back to coal take time. It would be using mothballed plants if they still exist (most were demolished). Also, most coal used in Germany (45.3%) came from Russia and it is banned as of August 1st. Nuclear is still being phased out at end of 2022 since most uranium came from Russia and Khazastan, and that will also be banned. There is NO way out. Reduced gas usage in summer is normal (that is why NS1 is shut down every year in July for maintenance) because there is no cold, no schools, many people are on vacations and longer days means less electricity usage. However, the time is usually used for storing for increased gas consumption in winter, and Germany is way behind. Less than 40% of the storage has been done. Storage is usually near 92% by end of August and this won't happen. Finland is a completely different situation than Germany.
You buy lng gas fron novatek, not from gasprom. A huge difference, lol.
and thankfully, Finland's country and economy are of similar size to that of Germany's... wait...
These EU countries should reconsidered their options at their strategists. It didn't surprise me about what the Russians did to EU gas supply. What was surprising to me, was that, why did the Russians take so long to finally do it. To me, the Russians should have cut off EU gas supply, back in February, when the sanctions started rolling in. About the strategists, instead of announcing to the whole world(Russia) that EU was gonna build up the storage tanks. Well, why not do it quietly and not tell Russia, what you were going to do?. Let me give an example, if someone is to panic-buy, you don't tell the retailers that you are panic buying, and just do it strategically. The minute the retailers know that you are panic-buying, they put a limit on how much u could buy(even if they have plenty in their inventory, they still put a limit on you). For months, these so-call analysts, projected, what Russia might do, why not, quietly, build up the reserve, instead of talking about it. If you are going on vacation and you announce your vacations on social media, don't be surprised that your home is broken into, while you are gone. I'm just saying.
I think Russia used that time to find more partners to make up the losses from the EU.
Europe have to think about their position again, do they want to be vassal state forever?
Because the Russians need money to fund war, which is expensive. That is why the Russians were not putting restrictions, initially.
@@ibramblebush nobody can replace EU in russian budget, and Russia haven t find any new partner either, russian didn t cut gas because russia needs EU money to survive, but now is trying anything to force EU to surrender
EU countries other than Germany made new contracts with other gas providers for the next years. Imports of Russia gas will go down from 30 to 10% just this winter, Germany could only reduce by half.
There is a lot of speculation about Nord Stream 1 turbines. However Siemens is located in Germany where you are and you could easily interview them. For example, Gazprom has complained ten letters have been sent to Siemens who is responsible for the turbines. Is this true? Interview Siemens so we can cut to the chase. Everyone's time (and money) is being wasted with speculation when the source is right there in Germany.
Lol. So what? No one can force Russia supply more gas to Germany.
Maybe the truth’s not that convenient to their narrative
DW is fast becoming germany version of cnn.
Absolutely right!
@@harukrentz435 DW is the German government.
I think it's very naive for the European countries to apply sanctions against Russia and not to expect any retaliations. A dark and cold winter is coming. 😉😉😉
Unfortunately it will be cold for poor population. Those corrupted polititians, will be very warm planning how to blame Russia for everything.
Nah, with china and india burning so much fossil fuel….. The last few winters have been too mild. Germany is affected the most since they had the closest ties with russia. Almost feels as if being friends with russia is a bad idea 😅. Other EU countries who kept distance to russia arent affected as much. A dark and cold winter is coming for russias friend i guess 😉
@@bigboss337 Serbia, Hungary and Belarus have 3 times cheaper energy from Russia. And it is said, that they will have 12 times cheaper during the winter. It will be nice and worm for good people! ❤️💙🤍
@@Serbo-Greek yep and countries that kept russia at a safe distance that didnt become dependant on russian gas will be nice and warm too 😁.
@@Serbo-Greek I wouldn't call fascist sympathizers good people, supporting rape and murder of children just to get cheap gas is definitely not a position i would put myself in no matter if it made me broke or not. I guess we are still way far off from being able to call Europe as a civilized continent.
I think that Putin deosn't mind, if the sactions last as long as possile. In fact Russia is doing well, selling its fossel fuel to China and India among others and developing new economical partnerships and Europe is destroying itself..
see how that plays out in the next few years.
So the EU nations and US think it was wise to have prices go up for all thier citizens because it is important for Ukraine to be a part of NATO. What is the problem they have with Russia since they were doing so much trade and buying Russia oil and gas over the many years.
Why couldn't they just get along rather supporting a proxy war against Russia and yet expect to have Russian oil and gas.
Very smart leaders that really care for thier countries and citizens, carry on you all will drive world prices up higher.
They also have the ball to say the cost will be passed on to the consumers because those rich companies and corporations will be bankrupt so sad.
This is all a deliberate act to reset by rise prices worldwide. Something else is going on a master plan of the elites to own more and be richer that all.
No, what is important is not to have Russia invading a neighbour for territory.
Why get along when all we need is a little hardship to break Russia beyon repair.
BTW, "Rick Smith", your username fools nobody.
@@stream2watch really break Russia ask Trump what he thinks about Putin.
You have no idea what is happening because you haven't read the whole thing I wrote or understand what is my point.
I suggest you read and understand first before running your mouth.
@@ricksmith5256 "I suggest you read and understand first before running your mouth."
Pretty complicated. Your syntax is that of a person that has flunked high school.
How about you start expressing yourself like an educated person would, instead?
No problem, Europe has plenty of forests to burn till they start to freeze!
Bye bye Germany
Take cold showers, put more clothes on says the once great industrial country
Bye Bye Putin.
He was getting $800 million a day from energy sales to Europe. China and India cannot nor have the capability to replace it. War is expensive and Russia will not have the money to fight this war nor pay their soldiers. Russian soldiers are already griping about not being properly supplied and "bonus" pay that they are not getting. The Russian people will suffer and hopefully they get rid of Putin.
if it s just cold showers we ll survive but russia is already getting back to the 90 s, EU will advance , we ll replace fosil energies, you need western technology, you won t have it anymore, prepare for a new life of 90 s nostalgy
@@Feyser1970 it is not just cold ahower. everything will go down in germany. not in russia
@@cozethugo4674 That is a tradition in a lot of Northern countries. Finland does this as well, Sweden also. Even in Canada, the polar bear swim is still a tradition in many places.
@@Feyser1970 The IMF just issues stats, and the sanctions are having not even 1/3 of the expected effects. In fact, many things have improved. Inflation is near zero since the start of June. Interest rates were slashed to 8%, 100bps lower than expected and are BELOW pre-war levels. The expected 15% contraction was revised to 6% and may be as low as 2-4%. The ruble is at a five year high. There is some Western things that need replacements like airbags for car that they can get from Asia and parts for Airbus and Boeing aircraft. The Russians will likely respond by building more Sukhoi commercial jets. A lot of tech can be had from China or India which produces tech for the West.
In the EU, energy is 400% up. France is scrambling for LNG because half of nuclear plants are down. Macron told the industry to retrofit the boilers from gas to oil. Plus, harvest in the EU was 215% more expensive to produce because of diesel costs, seed and fertilizer prices increases and 30% of crops were lost due to the droughts and fires. So, food could triple in price by the Fall. And, if industry has no energy, mass layoffs. Believe me, its not looking fun.
I swear that with every video, inflation makes that tiny little table shrink down more.
Please. Get. A. Normally. Sized. Table!
👏👏
lol 😂
Hahahaha
The European Union cannot ban Russian natural gas, as the step would harm EU members more than Russia, Austrian Chancellor Karl Nehammer warned on Thursday, as cited by Austrian media outlets. “Sanctions must hit those against whom they are directed more, but not harm those who decide them,” Nehammer told the Austria Press Agency. “Austria’s position is that an embargo on gas is impossible. Not only because Austria depends on Russian gas, but the German industry also depends on it, and if it collapses, the Austrian industry will also collapse, and we will face mass unemployment,” Nehammer said.
EU can and should ban Russian natural gas.
Every dollar that is send into Russia is spent on weapons to destroy Europe.
It can't... Today. Today it can't. Wait a bit of time and tell me what will hsppen...
@@artjomsrimdjonoks2938 Latvia has continued to buy Russian natural gas even after refusing to adhere to Moscow’s ruble payment demand, the head of Latvian gas company Latvijas Gaze has told the news outlet Delfi.
British-crewed ships have participated in transporting Russian crude oil to Asia, The Independent revealed on Friday, claiming that the “small part” they play in the chain indicates “huge holes” in the Western sanctions on Moscow.
Wake up this oil and fuel embargo is a farce. If Russian oil is taken off the market the global economies would collapse and there would be riots and these governments would be overthrown.
Seems to solution is to denazify "Russian" oil 😉
Austria is not imminently dependant on Russian gas. It closed a deal last week to supply Bavaria with gas from its own storage facilities.
This whole interview was an echo chamber with no opposing opinion
When Europe imposed sanction on Russia from using euro and usd... That's not economic war guys
Didn’t USA promised Germany as much gas they need?
They don't have enough LNG terminals to receive the gas.
Yes, then Biden farted and said "Well, that takes care of that. "
Spending all our fortune for your insane LNG prices is not an option either.
I used to think that the side against which the sanctions are being imposed suffers more from sanctions, it turned out to be the opposite.
Ha, no.
Check new Yales report on ruzzian economy.
Both suffer. But the EU can find other sellers, or better, become independent of fossil fuels. Short term both suffer, long term Russia suffers.
@@Biru_to I am from Russia. Nothing changed hear, except... my salary became higher iif you count in euros. China and India buys all you used to buy.
Lol no. Russias enonomy is about to never get on their feet again. The negative effects on Europe are just low to medium. You get used to cold, not such a big deal.
If you taught this didnt affect you its because your expectations from life are minimum ,Russia has always been affected by sanctions ,your cities are old ,buses remained from sovied era ,teens on crocodile die right and left ,alcoholism is rampant ,prostitution galore ,age median of the engineers in your military industry is amongst the highest ,bright youth run outside on the first occasion ,people do not give birth and the life expectancy is low ,corruption is endemic ,30 years ago you were the second superpower ,right now you are struggling in a flat country with a 4th of your population and 10th of your military ,yeah Ivan everything is fine ,good sleep
I always try to find the bright side of the problem, and the truth is, EU is lucky that Russia didnt wait a few more years to invade Ukraine, by which time the Green deal, Nordstream 2 and EU's dependence on russian gas would be on a completely different level. EU basically wants to very rapidly transition from fosil fuel and nuclear to renewables, but scaling up renewables to that extent will still take decades, so the middle ground would be to use russian gas in the meantime even for creating electricity (it would replace all coal and nuclear plants), because it is more environmentally friendly to burn gas rather than coal and gasoline. Nordstream 2 should have more than doubled the import of russian gas this year. If Russia started gas blackmailing in the middle of the transitioning pediod when EU would be completely dependent on gas, it would result in a true economic catastrophy. Right now EU can kinda survive without russian gas, some countries worse than other, but the economy does not collapse. If this happened 5-10 years in the future, when EU and especilly Germany wanted to use gas to produce electricity in gas burning plants, we would not only lose heating during winter, but the electricity itself would be in jeopardy and therefore also super expensive. I personally think that if Russia waited and invaded Ukraine in like 2027-2030, EU would not even be able to apply any drastic sanctions because no gas would mean a total collapse of EU as even electricity availability would be cut way down.
With you 100%, we should be very thankful russia has misread the situation so devastatingly.
One thing I think you both miss is that this war is being led by one old man who is dictator of Russia and he maybe, doesn't think he has 5-7 years to wait.
But yes, it was a serious error on his part. Laughably terrible if it wasn't so heartbreakingly destructive.
Utter bs you are misreading the situation, the results for gas shortage are going to be catastrophic at this point for Germany and the entire EU.
Yours is only a wishful thinking from school boys.
Russia: Due to EU sanction, we don't have parts to fix our pipeline so we will reduce your gas ... to 0%
EU: No worry, we will live like animals, naked and no showers.
That'll show em
Pathetic appeasers of Russian behavior are the lowest of creatures, some internal reforms, sacrifices & fortitude, cooperation, and innovation will be able to create a better outcome.
That's how the Russians will live, without the gas income. À propos, before Putin got mad jealous about Ukraine and made the fateful mistake of invading it, the EU countries relied on Russian gas for only 40% of their needs. The Germans will take cold showers and dress warmer, but they won't go hungry, like the Russians.
@w surfer you do know that we are very, very, very open minded in Europe and we do love to go nudist style, even with cheap russian gas, right?
About living like animals, you live like an animal, I live like an animal, we all live like animals because we are animals. Humans are animals.
That said, I hope you live in a much better place than Europe because I wish you well but if you don't, if you by any chance live in a worst place.... Come and move to the EU! We welcome you and then, if you are comfortable with that, you might go nude to our wonderful nudist beaches, you might love it!
@@peabase The Russians won't go hungry unless their society completely collapses, they have plenty of agricultural resources... but their agriculture efficiency & profitability will likely be degraded, the quality/variety of grocery store options might be diminished. Russia will face many consequences for their vile behavior, but basic necessities are less likely to be an issue, even if those sectors degrade... then again corrupt autocratic regime might starve population to sell to foreigners...
It's not Europe, it's mostly germany with this problem. We here in the UK have plenty of oil/gas from the north sea & LNG so we'll be fine.
I sense that you want to rub that into Merkel's face... with very good reasons. How did UK like Germany pulling out of weapons support commitment suddenly after the gas "turbine" issue?
Lol yet they claim NATO and EU has never been this united. I will give it until the half of december then Germany will be forced to mend this with Putin for gas.
So the energy poverty wasn't a thing in the UK? No choosing between heating or eating?
On the bright side, Germany is nearly meeting the Climate Change initiative they "encouraged" on others.
They are reintroducing coal
@@alinab6571 Germany sure likes to flip-flop on the Climate Change activism.
German mentality in WW2 is the same as today, no matter what they can never win over Russia
Maybe you forgot that Germany was fighting pretty much all the big world powers in WW2 simultaneously. Had it been only Ruzzia, it would've been an easy victory.
@@mutkaluikkunen3926 then try again this time mano y mano
@@Me-hz8rf Why not. Just allow Germany to rebuilt it's army to what it should be and then have a go.
I think it's worth noting that Russia does not have to cut off supply completely for there to be problems this winter. If they do, we are guaranteed a recession and rationing in Europe 2022/23 at a minimum.
You are right, and I believe they won't do it for 2 reasons, maybe more:
1st - it's there style. Destabilise. They like to play cat with a mouse, attacking, then giving hope they will not attack... And then when you had time to breath a bit and recover a bit, attack again and repeat.
2nd- if they do, they have no one else to sell their gas and they risk that we find alternatives and then we won't buy it again.
I think nobody is expecting Europe to go and begg Russia for gas and like... Say "please let me have it and I promise I will support you ever!" That want happen. If gas is cut, the EU will find alternatives and once it does... It is game over for russian gas
Most countries in Europe have reduced Russia gas imports by 2/3 already and are filling gas reserves right now. Next year we will use even less gas from Russia.
You keep mistaking Europe with Germany.
no, not if you actually start thinking for yourselves and learn hacks to cut or eliminate gas consumption.
FIRST, Russia is NOT cutting gas. There are now 3 compressors of 5 that are offline on NS1 due to Siemens turbines issues - either absent for repairs and not returned due to sanctions, or others that were found damaged during the maintenance in July. The Russians can do nothing. Apparently Siemens found another turbine with issues so it may be down to 1 compressor in August. The reason for Nordstream 2 was to prevent this scenario but Scholz doesn't want to open it. The Russians did nothing. Yamal-Europe was shut down by Poland, who reversed the flow to get Russian gas from Germany at a cheaper price and Ukraine shut down one of its two pipelines in May for unclear reasons, mostly political. The EU did this to itself - stop blaming the Russians for its own stupidity.
The EU is in MAJOR trouble. Gas is one thing, but Germany is looking at ZERO energy. Coal plants were retrofitted to gas and reconversion would take time. Most coal (45%) came from Russia which is banned as of August 1st and so was uranium. So, the 3 plants will likely close at the end of 2022.
PLUS, what people haven't yet been told, is that this summer's harvest was 215% more expensive to produce than 2021 because of fertilizer/seed/diesel price increases and droughts have caused so far a 30% crop loss. This should come into effect near October/November with massive price increases for food.
If Germany tanks, the whole EU will go down the toilet. France is in MAJOR trouble. 29 or its 56 reactors are down due to lining issues. Macron is scrambling for LNG and a floating LGN plant. He told industry in the south of France to convert boilers to oil instead of gas. Uniper, Germany's main gas company, failed and had to be bailed out. EDF (Énergie de France), is close to bankruptcy with billions in debt. The EU is looking at a major depression, not just a recession.
@@motherstar1 The ENTIRE EU industry and life is built on gas for heat, cooking, electricity, etc. You can't just cut overnight without infrastructure.
The longer the war, the higher the energy price...who will suffer more?
Have you tried stop sending weapons to kill Russians??
The EU says it will cut gas imports from Russia by two-thirds within a year, but has stopped short of a total ban. To help reach its goal, member states have agreed to cut gas usage by 15% over the next seven months.26 juill. 2022. Now Russia is doing it first and it's now unacceptable.
Dont be surprise China maybe able to complete the pipe in half the time frame
at least 15 years the quickest, troll
You do know that China is not going to buy as much gas you were selling to Europe, right? Not even close.
Yeah I'm sure China sees Russia leveraging all of Europe with gas and thinks "that looks like a safe bet.. let's invest billions to put our balls in a Russian vice grip".
Plus China is currently having a banking and housing crisis. Look it up. Chinas little economic miracle is running into a roadblock called REALITY.
Power of Siberia 1 is already online since 2019. Power of Siberia 2 is expected for 2030 at the latest. 5 LNG stations for gas to China were also opened in 2019.
Russia does not want Germany to squirrel away some gas for winter because the Germans might get even more obnoxious when they have enough gas.
🤣
But now Germany doesn't have to restrict it's weapon aid to Ukraine at all. Have to keep the positive sides in mind!
@@mutkaluikkunen3926 they are sending minimal amounts
No - they offered Nordstream 2 as an alternative to the technical problems on Nordstream the first week of June. Germany is doing this to itself. Why, is not clear. Nordstream had 3 of 5 compressors down due to turbine issues. Ukraine cut 1 of the 2 pipelines for no reason, and Poland cut Yamal-Europe to reverse-flow it and buy gas from Germany, so that they could get a better price and Uniper could make a profit since they get Russian gas at a discount. The Russians did their job. The EU are self-mutilating and lying.
Russia's main exports are basic commodities such as food and energy, while europe's majority of their economy is manufacturing.
in a complete halt of trade, Russia will loose the supplier for luxury whil europe looses the supplier of energy.
lose not loose,you re really low budget
You are mistaking Europe with Germany: other Europe countries don't rely on Russian gas like Germany.
@@Feyser1970 English is not my main language so I don't care so much about it unless I am writing a formal letter.
Dude, we can live without Gucci, Ikea, and McDonnald but we cant live without Energy. Let us see who will blink first.
Funny thing is Trump literally said years ago that Germany was too reliant on Russian energy and everyone got upset about it… the man was right🤷♂️
He was dead wrong. The US wanted to break the win-win business relationship between EU and Russia as the mutually beneficial arrangement will prosper both EU and Russia. The US instigated the Ukraine war. Without US evil machination, what is wrong with EU depending on Russian oil? What is wrong with the whole world depending on Saudi oil?
EU will suffer for a while but this will incentivize the search for energy alternatives and at the end will be positive for the EU strength, Russia will just be keeping selling commodities EU will advance technologically because of the need of survival
EU will suffer for a while?? EU is doomed and over. Bye bye EU. Please stay ignorant🤣🤣 We in Asia are laughing at you
I hope European countries take over Russia....
EU was not going to survive even before the American sanctions. In the coming winter the freezing Europeans will meet the starving Africans who will speed up their extinction.
Russian control over their own resources has to stop ... they have to take over Russia
Exactly. Of course it will hurt the EU is the short to mid term. Whenever you introduce a sudden change, there will be an amount of pain related to it, but the transition into renewables will be much faster now than it would've been while we had the excuse of using Ruzzkie supplied gas.
In this age and time....Money is not Everything. Oil and Gas are.
Euro was indirectly backed by Russian resource and commodities when Russia accept it as trade currency, by kicking Russia out of SWIFT, Russia cannot accept Euro as payment, also since all those sanction, Euro become useless for Russia, before Beijing Olympic, China and Russia was signed a huge deal and use Euro for payment, that is what make Euro strong, now Euro lose it is status backed by Russian's resource and commodities, what is Euro good for? The USD is backed by OPEC oil, the Rubles is backed by Russian resource and commodities, Chinese Yuan is backed by half-finish/finished commodities, Euro backed by what?
Giebels would be proud with this.
Export of gas and fuel will lead to enormous prices , Eu will not be able to compete with china and india any more, so long Eu.
You forget about USA as the main competitor of EU. USA has 30% cheaper oil, 40% coal, and at least 3times cheaper natural gas.
Here is the solution: German need to stop the sanctions and allow Nordstream 2!
No that is not a viable solution. All it does is kick the can down the road!
@@ashleylittle6776 Exactly. This is actually the golden opportunity to speed up the transition into renewables and domestic sources. Things will speed up a lot when you absolutely have to.
Nobody speaks about opportunity for Russia to keep the gas, invest it in feralizer production and have total control over fertiliser market as all other countries will have too high gas price and will shut down fertiliser production, while Russia is prepared to multiply fertalizer production.
Its a huge asset in international negotiations.
as Valuable as it is. it's one resource. If Putler makes his nation focus on only fertilizer he has doomed the nation more than he already has.
@@jeremygibbs7342 of course they will maintain the level of export at highest possible price as it is now. We in Europe do not have any alternative. Liquefied gas is 3-5 times the price and infrastructure capacity is less than 10% of what is needed.
Nobody will invest in expanding it as nobody knows if Russia will again traditionally dump the prices so much that nobody will be able to resist it, in order to be competitive world wide.
But having absolute global monopoly on fertilizer is ultimate asset for geopolitical negotiations.
Gasprom actually owns a huge percentage of industry world wide, as they can sell gas to themselves at best prices. Nobody can compete them, as nobody will be able to compete in food production without them. We also know that farmers are pretty strong interest group in western societies. Look whats happening in Netherlander over fertilizer nitrogen taxation.
Pay Russia for the energy. Unblock the accounts where payments.are deposited It's ridiculous that the EU wants Russian energy but refuses to pay for it.
but they don't want it. They want to get rid of it.
@@mutkaluikkunen3926 , then why is the EU all outraged that Russia is cutting off the flow? Not very logical in my opinion
How many days?
Putin playing the west like puppets
The west is going to have the last laugh, just in case you didn't get it :D
@@mutkaluikkunen3926 Yup selling gas to Europe
We saw the solidarity back in covid crise when Germany would confiscate trucks with facial masks heading to czech
we saw the solidarity during covid when Germany and Austria treated french ill people when french hospital were overthrown , and russian troll doesn t have the news correctly either, that was Italy intercepting czech mask that were sent by China but stolen and smuggled by criminals, EU will prevail and will be stronger
@@Feyser1970 also proving yourself being a fool because eit was italian masks, not Czech ones, headed for Italy, not for Czechs, being illegally smuggled and stopped by Czech police.
Now westerners will know what loadshedding is.
Not even close. The problem is only for industries but the population will be fine.
Keep on telling yourself that. It just shows that you have not understood the situation. Meanwhile, load shedding will still be a fixture in your country.
@@rmdomainer9042 Until the dependency is shed and it will be shed.
Why are you showing images of London when you are talking about Europe,,,, we (Britain) left that eu sh it show 2 +years ago. Not cuts in Britain, plenty of gas and electricity here
Given how hot it is now, perhaps there will be a silver lining in the global warming and the winter will not be so cold??? Hopefully...
When will Europeans discover wood stoves and firewood?
That's right, RS just cuts off gas supply to latvia for its contract violations. Now the german government is weighting on the decision of starting up the Nord Stream II to make up for the mistakes it has blindly made to follow the poor anti RS policy of EU.
Wäre ich Russe, hätte ich Deutschland schon vor 20 Jahren das Gas abgedreht.
I don’t think people would have been showering to the extent they do if it was £10 a shot. Maybe it’ll take that sort of pricing to stop the showering madness. Although showering costs me nothing because I don’t indulge, something is costing me a lot ..maybe boiling water for cups of tea or my fridge maybe in need of brushing down at the back. A decent electric blanket copydexed to a duvet will need to be brought into play and living in a very small well drought-proofed room come the winter.
sounds like a struggling, developing country to me. energy rationing is not first world.
I`m think the Germany people will forever remmber thier body odor when is no hot water to bathe
Germany people will have Crisis toilet paper.when not Russia gas Germany not toilet paper use
@@dungnguyen-vx2sc they were a pretty stinky foul smelling bunch even BEFORE the hot water rationing. Everyone hold your noses as you fly over Berlin!
I do similar things in USA. If it is very cold, I limit how many rooms I use. and obstruct airflow between with blankets. i also sometimes do as much as possible from the couch or bed and under blankets.
Hopefully I will start working from home soon, and by winter will be able to do that more than I do now.
🤔sanctions work ! And now .. how will Europe live without microchips too ? 🤭
Time to remember how to chop wood for the fire my dudes. See you in the lake for bath day!
I can see shortages of axes across European shops...
@@lukei6255 got mine already. I'm pretty sure they are in good supply tbh
In Finland, I'm going to keep on living the same way I have for many years. Absolutely nothing is going to change. I'll take cold showers only after sauna.. every day.
@@mutkaluikkunen3926 I presume cold sauna...
@@lukei6255 You presume wrong.
Russians are told from all TV channels that people in Europe are rich, they live for fun... And I read the comments and see how people complain that they can't pay the usual utility bills... I did not think that rich people have such problems =)
NATO bills started arriving.
you made the bed, you lie in it.
Europe needs a cultural revolution.
Europe needs to put the past behind them and stop looking at Russia as a threat.
Russia has been under severe debilitating sanctions for years. They are used to it. Their economy is a mere 5% of the western world. They can afford to be decoupled from the west; they can lose all the energy revenues and they will still survive.
Wait this dude is heating his appartment at those high temperature in Germany? and complains about paying 8x the price lol
At last check, Germany has some perfectly good nuclear plants sitting on the sidelines. Bring those back online and that will solve most of their supply issues.
Germans are fully indoctrinated. 90% of them is against nuclear and they'll argue with you all day why gas is better.
lol... Germany is shutting down three more. I think you underestimate the self-righteousness of urban Germans toward decommissioning nuclear plants. Germans will rather fire up their coal plants.
The MAJOR problem is that Germany imported its uranium from Russia and Khazakstan. Most were decommissioned and cannot be brought back online. The last 3 could be extended if new uranium sources are found.
I have some gas left in my b...I can supply anyone with summer discount.
The gentleman in the studio can't hide his negativity or hatred for Russia
The EU should have been rationing gas from February 24th. They are late.
“The EU” not, member states yes
Roseforres before commenting you should learn what the EU is and how it works...
But replying to your statement, better late than never.
Cutting. %gas is not good idea because how many days do. ? How many days people adjust this
Gee.....maybe this is something that they should have started doing FIVE MONTHS AGO. ❓️❔️❓️ 😒
Over the last yr n a half I've built an off grid power system for my house. It has cut my energy bill considerably. It could help those who can afford to do it quickly. Itll sure be cheaper than the bills coming during the winter. Hopefully it won't be as long as a winter as predicted
As hot as it is said to be in EU, maybe it won't be so cold of a winter? Who makes the predictions on how cold it will be?
Predictions in USA on how winter will go are often wrong. hopefully winter will be very mild in Germany and Europe
@@motherstar1 The problem is fluctuations due the Earth's axis and air masses being less stable. A 2 week polar vortex on the EU with no gas would be deadly. Thousands would die from cold.
In my opinion This video reminds me of the thousand of jailed journalists in vietnam so far such as Tran Huynh Duy Thuc , Pham Chi Dung , Nguyen Tuong Thuy , Pham Chi Thanh , Can Thi Theu , Le Dinh Luong , Truong Minh Duc , Nguyen Trung Ton , Pham Van Troi , Hoang Duc Binh , Tran Anh Kim , Pham Van Diep and the new green environmentalist Nguy Thi Khanh.
❤️❤️
@No-name he spams this on every video. Just ignore him
Poor fools!
The US & UK intel services assured the EU that sanctions would work quickly.
They massively underestimated the strength of the Russian economy. Whoops!
@@RiDankulous And the Yanks promised LPG and oil that is now not forthcoming. Whoops!
@@RiDankulous And it will be as good as over by year end.
Why didn't Germany listen to the warning from Donald Trump in 2018 about not being overexposed to Russian energy instead of just laughing at him? I'm just glad that we left the eu, thank god for brexit.
Because what Donald Trump said in 2018 is pure greed from the American side! It wouldn't help Europe with their economy development! The cost of production in EU is ridiculously expensive, the only way to keep all their industrial sector stay in Europe, they need cheap energy, can the US LNG, nuclear power, or other alternative energy as cheap as Russian energy? If not then what it is the point for throwing BS around?
Trump ? The guy suggest people inject bleach into their bodies?
We were laughing at him because he is a ludicrous clown.
If you have an important message, don't let the mad carnival barker tell it.
@@rmdomainer9042 if it's an important message, it shouldn't matter who delivers it.
Would you ignore a clown if he told you to get out of the way of an oncoming bus?
@@Drobium77 If he was acting all clownish about it, yes.
It is also not plausible that the Donald has an actual personal opinion on the matter. Dude's an empty vessel.
I'm Hungarian so I'm not worried at all. Our country already has enough gas reserve to last till next summer.
Fix their pumps and give them back. Then you can complain. No properly maintained gas utility is going to use faulty turbine pumps.
Oh, sorry, suddenly we have another technical problem! Lol
It's funny because if Germany stops maintaining them all the russian extraction sites will turn off.
Amagine coldest winter since 1943
War in Ukraine again
Kind of curious to how much power France produces with nuclear power. I know they have the most nuclear power plants out side of the US, maybe they can export some of that power to Germany.
No as a Russian living in France for more than 10 years, I can tell you we have a problem with summer heat, and subsequent decrease in cooling capacity for the stations ( water for cooling of reactors comes from rivers, mostly Rhône), so we can't use our nuclear power plants for more than 60% of nominal capacity, not even dreaming about energy export.
Ironically Ukraine is about to boost electricity exports to EU by at least x2.5 (it's up there with France in terms of nuke power output).
But natural gas (as a chemical) is often required in manufacturing.
Anyway, market will rebalance and it'll work out in the end.
It will work out in the end. German manufacturers' products becoming too expensive for the market to buy. American and Asian producers getting bigger market shares.
@@babblo1389 The problem RIP Europe (no sarcasm implied).
@@sergeyb8 Ukraine can’t do this, you can place a bet on it that Russia will blow up the infrastructure on September 1st, just before the game of thrones begin
... with people like aaron no wonder that germany is in situation that she is ...
One thing to remember is that if Pukin furns off tbe gas he has lost his leverage.
This "energy weapon" of his can only be used once and aftef that its useless
Catch my drift?
Leverage over what? Russia is not keen to even talk to EU and only trades with them not to hurt the common EU citizen.
That and Russian income flows & reputation will be further weakened... but Europe should have prepared more prudently a long time ago. Some of the infrastructure aiming towards obnoxious eastern enablers, should be sabotaged, weakening Russia & those back alley hypocrites.
@@felipe-vibor He makes the point it is one of Putins last cards. Not many cards left to play so that means we sorta got him where we wanted him.
@@assertivekarma1909 Hi from Russia.. Income flows? China alone eats everything we provide. Emerging markets need gas, not greenies.
Reputation? How to say... hunter dont care what his prey thinks. You put too much attention to soft power. Soft power maybe works well in good times. Now everybody needs more tangible things - food, energy, weapons... We can cover all. And you? Who will need your overpriced goods tomorrow...
@@ObeySilence he's got Europe where he wanted dude .. isn't it common sense now that Europe is bearing the brunt of its own sanctions? In all honest opinion Russia will do ok without Europe. Whatever technology the west have will be acquired from China or through third countries. Remember north Korea and Iran have survived sanctions for ages
Chess game is only interesting when the master makes the last more to finish Chess game
Does the EU have an emergency plan for sharing gas between countries, or is the EU just asking each country to turn down consumption?
Not all EU countries are dependant on russian gas, mostly germany and few other countries in continental europe. France, UK, Spain, the Nordics arent affected as much. Germany had the closest ties with russia and they got screwed. Feels almost as if being close friends with russia is a bad idea 😅. And the haters are cheering for a cold winter lol. They want russias closest friend in the EU to suffer 😅, funny bunch of ppl
They can share since the pipelines are connected with each other through europe.
@@bigboss337 it was a bad idea to betray Russia for Ukrainian regime. Unfortunately for germans Germany is a vassal country to USA.
They have many woods, Clean Coal to ensure green energy. So don't worry!
There is gas for the population even if Russia cut gas today. This talk is just about german industry and several other.
Replace Russia with the USA and the headline will be correct.