Sunday, September 11, 2022

Five German News Stories

 1.  It will be page 2 news for a while, but it came out that the Swiss are planning up a nuke waste storage area near Niederglatt, which happens to be only a mile from the German border.  

The Swiss operate four nuclear power plants.....which produce somewhere between 40 and 50 percent of the nation's power.  

Yeah, the Germans will probably get all upset by this.

2.  A piece from N-TV news this morning gave the warning that winter tires will be escalating on cost shortly (raw materials issue).  

3.  Minister of Finance (Lindner, FDP) gave an interview yesterday.  The FDP will push for fracking to be authorized again.  Greens will put up a bitter fight over this idea.

4.  Friday came with an interview via NPR....with Francois-Regis Mouton (EU Affairs Director for the International Association of Oil and Gas Producers).

So he had a pretty dismal view of the next five years.  He says....Europe won’t have a stable natural gas situation. The alternatives path?  It will eventually catch up.....but not in 2023, 2024 or 2025.  

This statement will bother the political establishment because they have to continually deal with state and national voting, and you don't want to face a angry general public in an election.

5.  We are three weeks from Oktoberfest starting up, and there's worry that Covid will take off in terms of statistics around this time. 

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