Qboots

The German government can’t do anything yet.

Bloomberg analysts have come to the conclusion that Germany is on the verge of a gas disaster, which will come in about three months in the country. The reason – in gas storages there is insufficient accumulation of gas for the winter heating season.

It follows from the material of the article that Berlin has a small amount of time left to replenish or correct the situation with a serious lack of energy.

Moreover, the administration of German Chancellor Olof Scholz is not in a hurry to deal with this problem. They only call for reducing the demand for gas, as there are no agreements on alternative energy supplies yet.

As a result, lighting cuts are carried out in German cities, hot water is turned off, Bloomberg observers drew attention.

The authors also noted that Germany’s closest partner in Europe, represented by France, will also not be able to help, since the country’s nuclear reactors are faulty, and their use can only aggravate an already deplorable situation.

But for Germany, the restrictions imposed and a sharp rise in prices against the background of a lack of energy will eventually lead to unrest in society. According to statistics, every German has slipped into energy poverty.

This undoubtedly worries the German government, but politicians can’t do anything yet.

Moreover, in the absence of an effective solution, Berlin will have to impose a state of emergency on the country, which will entail control over the distribution of fuel, and there will also be a struggle for limited LNG reserves, Bloomberg states.

Earlier, Topnews wrote that Germany will face a shortage of toilet paper due to Russian gas.

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The ex-ambassador of India predicts that the Europeans will be “dead”, even after the trial of fuel suppliers.

Former Indian ambassador and journalist M. K. Bhadrakumar believes that Russia is teaching Europe how to trade gas fuel. Before the long “war ” on the fuel market, Russian Gazprom prepared in advance, and now teaches Europeans the basics.

According to the author of the Indian Punchline, the miscalculations of European politics are obvious.

Thus, by imposing an embargo on oil, coal and gas, Europe thereby rendered a service to Russia in practice. Moscow was able to sell fuel in smaller quantities, but at a higher price.

The columnist believes that Germany, which counted on the fiasco of Russia, was mistaken in expecting that it was vital for the Kremlin to sell large volumes.

In reality, the lack of liquefied natural gas in the fuel market of the world has led to an increase in prices. And later the problems only grew.

What hurts Germany the most is that it is not only about freezing houses, but also about the collapse of its entire economic model, which is overly dependent on industrial exports due to the import of cheap fossil fuels from Russia. German industry accounts for 36 percent of gas consumption.

Now, according to Bhadrakumar, Germany believes that Gazprom, which explained the decline in gas supplies by the shortage of Nord Stream turbines sent to Canada for repairs, is simply bluffing.

As a result, experts predict a big trial, but its finale will not necessarily benefit Europe.

According to the politician, in the end the Europeans will be dead, because now it has become obvious that it is impossible to impose sanctions against the largest supplier of raw materials.

Those who introduced them suffer more, the ex-ambassador believes.

“The Russians made monkeys out of Europeans,— Bhadrakumar believes.

According to the expert, it is obvious that it is impossible to impose sanctions against a country that is sitting on valuable commodities. Russia is the second largest exporter of oil in the world, the largest exporter of gas and the largest exporter of wheat and fertilizers, as well as a number of rare earth metals such as palladium, the author recalls.

Both Boeing and Airbus have complained about risks in their supply chain. Airbus in particular imports a large amount of titanium, where about 65 percent of metal supplies come from Russia. She publicly appealed to the EU not to impose restrictions on the material used to manufacture the most important components of aircraft.

Thus, it is not surprising that the EU is slowing down the pace of imposing sanctions against Russia. Bureaucrats in Brussels have exhausted the potential to strengthen sanctions, and political elites admit that they were a mistake.

Meanwhile, the consequences for European economies are already extremely serious. Rising energy prices are fueling inflation in all EU countries.

According to the newspaper, according to forecasts, inflation in France this year will reach 7%, in Germany – 8.5-9%, and in Italy – 10%. And this is just the beginning.

Most countries will also face a serious drop in GDP next year — from 2 to 4 percent.

Earlier, Topnews wrote that due to the lack of gas, Germany may be left without toilet paper.

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The veteran intelligence officer acknowledged the incapacity of Biden’s national security team.

Jonathan Sweet, a veteran of American intelligence, told reporters that the US NATO allies faced serious problems due to retaliatory restrictive measures that Russia imposed in response to anti-Russian sanctions.

According to “PolitRussia” with reference to The Hill, the politician believes that both states and their economies are falling and staggering under the weight of Putin’s counter-sanctions. In particular, the main losses affected trade.

As an example, the expert cited the resignation of Italian Prime Minister Mario Draghi. The reason was the rise in prices for utilities, food and other problems.

Sweet pointed out the fact that the problems of the American allies could become even stronger in the coming winter. As a result, there are more and more doubts about the need to support Ukraine in its own.

Russia understands this, so gas supplies have been reduced.

All this also affects the United States, whose existential risks are growing day by day. And, according to the expert, they are not limited exclusively to the East of Europe.

There is also China in the arena, which threatens to crack down on Taiwan, Iran, which is looking for its nuclear weapons. And Russia, “squeezed into Ukraine”, is trying to build “a backdoor” to the United States through Venezuela, Cuba and Nicaragua, an experienced intelligence officer believes.

The Hill expert pointed out that the way out of the situation could be an urgent reboot of the national security sphere. Sweet believes that from this point of view, Biden’s team is useless, as demonstrated by the visit of the American leader to the Middle East.

Sweet says in plain text that the president needs to expel the head of the administration, Ron Klein, and the entire Western national security team.

“They don’t create the conditions necessary to defeat Russia, China, Iran or North Korea,” Sweet said.

Earlier, Topnews wrote that the United States was urged to prepare for the repulse of nuclear strikes by Russia and China.

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The Sverdlovsk Federal Penitentiary Service proposed replacing IKEA with prisoners’ products.

Russian media are discussing a proposal for import substitution by the head of the Sverdlovsk Federal Penitentiary Service, Alexander Fedorov.

According to him, quoted by the local newspaper “Oblgazeta ”, products that are produced in Russian colonies can replace products that were produced by foreign companies that left the Russian market.

As an argument, he cites the price-quality indicator, which is higher for Russian convicts than for foreign manufacturers. Substitution is possible for a number of segments.

The boss considers his proposal viable, taking into account an important indicator.

“The turnover and the number of people employed in production are growing year by year,” he assured.

Fedorov was supported by his subordinate, the head of the department of labor adaptation of the same UFSIN Ivan Sharkov. He believes that colonies can “take the place of IKEA.”

The quality of the products produced in Sverdlovsk penitentiary institutions, Sharkov said, is better, and the prices are lower.

He also added that, nevertheless, the FSIN leadership is not merchants, and performs the main task of “employment of prisoners.”

As RBC clarifies with reference to the data of the Ministry of Industry and Trade, the permit for parallel import has already affected products in the fields of electronics (Apple, Samsung, Asus, Intel, Sony, HP), cars (Jaguar, Porsche, Rolls-Royce, Bentley), rare earth metals, sports equipment, railway compositions and others.

Ironic statements about this have appeared on the Web.

So, the TG channel “Nemakhov” posted a collage that reflects the possible “import-substituting” names of brands leaving Russia.

For example, the IKEA brand itself was renamed ICHENAKH, and the popular products that the company used to give names to are called Shkonka (double sofa), Obshyak (display cabinet), Fraer (mirror), clearly borrowed from thieves’ prison jargon.

All the prices – the number of blocks of cigarettes per unit of goods, accompanied by a comment that uses the name of the money in the same argot: “Love forward”.

“What a frenzy ”, – comment “variations on the theme ” the authors of the post.

Earlier, Topnews wrote that Sberbank reported on raising the cost of messages for the first time in 20 years.

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The State Duma deputy from the LDPR asked the FAS and the Central Bank to check the legality of the decision.

For the first time in the last twenty years, Sberbank’s management has decided to increase the monthly cost of notifications for Russians.

The credit institution explained that the move was caused by a twofold increase in business volume over the past five years. According to the SB, both the growth of the transactions themselves and the types and number of messages are recorded.

It is known that the number of clients of individuals in 2021 increased from 100.5 million to 103.8 million. The number of corporate clients – to more than 3 million

Depending on the type of card, the price will increase by 10 rubles per month, amounting to 40 or 70 rubles. The new rules will start working on August 1.

According to RIA Novosti, the decision was made against the background of new sanctions that were adopted by the European Union against the bank.

At the same time, State Duma deputy from the LDPR faction Vasily Vlasov said in his Telegram channel that he had sent a request to the Central Bank and the FAS with a request to check on the fact of the increase in the cost of notifications.

According to him, almost all Russians use Sberbank notifications.

“The guys from Sberbank quite already?.. 100 million multiplied by 10 rubles per month is equal to a billion every month ”, – calculated Vlasov.

He believes that the controlling organizations should check the legitimacy of such a step.

Earlier, Topnews wrote that since July 1, the bank has introduced a commission for transfers to cards of other credit institutions.

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Some of the country’s enterprises have decided to reduce production.

According to German media, the shortage of gas from Russia may turn into a problem for the German paper industry.

In particular, the production of toilet paper, as well as packaging for medicines and other products may fall under the reduction.

Die Zeit writes about this with reference to the head of the Bavarian Association of Paper Manufacturers, Jurgen Schaller.

He noted that many goods can become scarce in unstable conditions, and the production of paper products is quite expensive in terms of fuel, namely gas, since paper drying requires a lot of resources.

“Paper production requires water, electricity, heat and personnel. The technology is honed, it cannot be changed quickly”, – the specialist noted.

Due to the fact that there is instability and rising prices in the energy markets, part of the production in Germany is forced to reduce or stop work.

In particular, 16% of enterprises have already announced a decrease in production volumes.

Recall that Europe is experiencing an energy crisis due to the actions of Gazprom.

The Russian company has reduced gas pumping to the region in recent months due to problems with the gas turbine.

Also, since July 27, 2022, the volume of supplies via the Nord Stream to Europe has been reduced.

Earlier, topNews wrote that it became known when Finland will stop supplying gas from Russia.

This decision followed on the background of record sales figures.

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The situation affects the issues of energy supply.

Russian President Vladimir Putin is winning with his decision to set higher prices for energy resources of the Russian Federation, as well as thanks to oil and gas supplies to Saudi Arabia.

Because of this, the sanctions of American President Joe Biden, restricting oil imports from Russia, lose their meaning.

This is stated by The columnist of The American Thinker Thomas Lifson in his publication.

In his opinion, by evading sanctions, Russia is winning.

“In general, [Russia wins] by getting much higher prices for its oil (and gas) exports than before the sanctions were imposed, – the journalist is sure.

He noted that energy resources from Russia participate in world trade – they are purchased by the Saudis.

Russian oil is used to generate electricity in Saudi Arabia as fuel.

Thus, the country uses Russian energy resources to extract raw materials on its territory.

In this scheme, Russia and the UAE become the beneficiaries.

Lifson emphasizes that Biden’s sanctions are becoming counterproductive and idiotic because of this development.

Earlier, topNews wrote that, according to Turkish President Erdogan, Putin offered to produce Bayraktar in Russia.

The UAE also expressed readiness to cooperate in the joint production of UAVs.

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It became known why the company declared a technical default.

In Ukraine, the management of the government company Naftogaz has declared a technical default.

This is reported in the Telegram channel of Naftogaz.

The reason is the expiration of the terms of payments on Eurobonds, although there were sufficient funds in the accounts.

It follows from the press release that the Cabinet of Ministers did not allow the company to fulfill its obligations to the holders of Eurobonds, and by the end of the day it was necessary to pay $335 million of debt and €45 million of interest.

Earlier, Naftogaz reported a shortage of funds to repay payments to Eurobond holders, calling for them to be postponed for a period of two years.

However, this request was rejected by the creditors. In addition, the Government of Ukraine has introduced a ban on payments on bonds.

As a result of this decision, Naftogaz lost access to the international capital market.

Now the responsibility for attracting new funds for the heating season has fallen on the shoulders of the Cabinet of Ministers of Ukraine.

Earlier, Topnews wrote that Naftogaz responded to Russia’s offer for a discount on gas.

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The Swedish company stated that there are conditions for purchases on the site.

The Swedish-Dutch IKEA retail chain announced that sales resumed on the company’s Russian website, which had been interrupted earlier due to a malfunction of the site.

The influx of visitors pushed back in time the final sales before the final departure of the brand from Russia.

Recall that due to extreme loads, the company’s website “ went down” on July 5, as Topnews reported.

Then only some Russians managed to order and pay for the goods.

The day before, a message appeared on the portal that all products are available online.

According to IKEA’s terms, sales will last as long as there is available time to deliver them to the buyer’s city.

To get to the site, the buyer needs to defend the electronic queue.

Delivery is available in cities with brand stores: Omsk, Moscow, St. Petersburg, Kazan, Nizhny Novgorod, Rostov-on-Don, Yekaterinburg, Krasnodar, Ufa, Novosibirsk and localities, at a distance of no more than 50 kilometers.

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Siemens does not see a connection between turbine maintenance and gas supplies.

Gazprom Holding has announced that it is forced to suspend the operation of one of its turbines, namely the Siemens engine at the Portovaya station. In this regard, the pumping of fuel through the Nord Stream gas pipeline will be reduced to 33 million cubic meters. m per day (20%) already on July 27.

The current volume of deliveries is 67 million cubic meters, and the reason for its decline, as reported by TASS with reference to the statement of Gazprom, was the end of the period of inter-repair work before the overhaul.

As a result, the company’s statement led to a 4.2% increase in fuel prices in Europe – such data were provided by the London ICE exchange.

A month ago, the Russian supplier announced a 40% stoppage of supplies via Nord Stream, explaining that the Canadian division of German Siemens, which repaired its units, did not return them to Gazprom, citing anti-Russian sanctions.

Later, the decision was changed and the delivery of the engine to Germany was announced. The media reported that in Europe they are afraid of the termination of fuel supplies for the joint venture when the repair is completed.

Siemens itself explained that they are ready to extend maintenance and increase its volume if a request is submitted to the company.

At the moment, according to the British Express, Europe has panicked after learning about the halving of the flow. Thus, gas quotes rose, reaching $ 1,880.

According to columnist Jacob Paul, what is happening with supplies led to an emergency meeting in Brussels of the heads of energy ministries. The meeting will discuss the EU’s plan to save gas, which was previously feared by the European Commission.

Siemens said that they do not see a relationship between the reduction of supplies and repairs.

In an interview with RIA Novosti, a representative of the company said that the turbine, whose repair in Canada has already been completed, can be delivered to Russia immediately. For this “Gazprom” must submit customs import documents for it. Canada also announced its readiness to withdraw engines serviced by Siemens Energy in Montreal from the sanctions restriction.

The company explained that the maintenance of turbines is a routine procedure and any future maintenance work can be provided, and the government of the country has allowed their export from Siemens Energy to Germany.

As for “turbine block”, then Germany for the past week delivered all documents for export to Russia.

The representative of the company stated that the Russian company is aware of this, and only Gazprom can prepare customs documents as a customer and continue the process of importing the engine to Russia.

Earlier, Topnews wrote that Gazprom’s shares fell by a quarter after the announcement of the refusal to pay dividends.

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