(Natural News) German banks are preparing for a possible influx of companies defaulting on their loans as the country faces a looming energy shortage. Quoting several high-ranking banking officials, Bloomberg reported that financial institutions in the European nation are expected to put aside extra funds. This, it added, sought to tackle a potential spike in […]

(Natural News) For the second day in a row, Russia’s Gazprom, a majority state-owned supplier of natural gas, has reduced export flows of the fossil fuel to Germany. Combined with the first cut, Germany is now receiving only 40 percent of the normal amount of Russian natural gas through the Nord Stream 1 pipeline, all […]

(Natural News) Gazprom has cut off gas supply to Denmark’s Orsted, as well as to Shell Energy for its contract to supply gas to Germany. The Russian gas producer announced the move Wednesday, June 1, citing the companies’ failure to make payments in rubles. It was an obvious response to recent statements by European Union (EU) leaders […]

(Natural News) Once again, the same European Union that always turns to the United States whenever a crisis arises on the continent is now undermining U.S. efforts to starve Russia for cash and thereby limit Vladimir Putin’s ability to continue his invasion of Ukraine. According to multiple reports, after initially agreeing to boycott Russian natural […]

(Natural News) The Ukrainian government has just made a move that is sure to disrupt Europe and move the continent closer to a third world war than at any time since the last global conflict ended. Citing “force majeure” — that is, a common clause in contracts that frees both parties from liability or obligation […]

(Natural News) Economic fallout between Russia and the rest of Europe worsened on Saturday after a Russian energy giant decided to cut off natural gas to the continent that flowed through a major pipeline. The action by Gazprom to shut down the Yamal-Europe pipeline, a crucial artery for energy flows, came just a day after […]

(Natural News) Saddam, Gaddafi, Iran, Venezuela – they all tried but couldn’t do it. But Russia is on a different level altogether. (Article by Pepe Escobar republished from TheCradle.co) The beauty of the game-changing, gas-for-rubles, geoeconomic jujitsu applied by Moscow is its stark simplicity. Russian President Vladimir Putin’s presidential decree on new payment terms for energy products, […]