1. Germany announced this morning, with Russian troops now in the Ukraine...that the certification process for Nord Stream II....is suspended. Length of the suspension is unknown.
The current operating gas line from Russia into Germany (since the 1970s)? Still functional, but for the past few weeks....a marginal amount of gas has been moving.
2. Economics Minister Habeck (Greens) says that the gas prices in Germany will likely escalate. How much? Unknown. This morning....I noted E10 gas at 1.78 Euro per liter locally.
3. Oddly enough, Erdogan of Turkey has openly criticized the Russian move.
4. Poland is asking for the eastern front to be 'beefed-up'.
5. There's a UEFA soccer issue brewing. Mid-March, Poland was supposed to play a game against Russia....in Moscow. UEFA claims there is no issue.....I should note here....GAZPROM is a sponsor of UEFA, and this probably is drawing a lot of negativity. Odds of the game continuing but being held in a non-Europe site? I'd give it high odds.
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