Buggery Bollocks Boris Brexit. Russian gas cuts threaten to shutter Germany industry Amid rising tensions between Moscow and the west over the war in Ukraine, Russia has already drastically reduced its exports of gas to Europe’s largest economy. Berlin now fears a winter gas crisis that could paralyse industry and leave millions freezing in their homes. All eyes are on Nord Stream 1, the pipeline linking Russia directly to Europe via the Baltic Sea. Gazprom, Russia’s state-controlled gas giant, reduced NS1’s capacity by 60 per cent in June, and last Monday shut it down completely for routine maintenance. In normal circumstances, this lasts just 10 days. But the fear in Berlin is that NS1 will not come back into operation as scheduled this Thursday. A protracted cut-off beyond this week will stymie Germany’s plans to stock up its gas in storage ahead of the heating season. The resulting shortage means “companies will either have to reduce their gas consumption or curb production”, said Jörg Rothermel of the VCI, the trade body for the German chemicals industry, which is the country’s third-largest behind automotive and machinery. Should flows cease completely, most economists expect the eurozone’s economic powerhouse to experience a severe fall in output. No gas this winter would, according to analysts at Swiss bank UBS, trigger a “deep recession” with almost 6 per cent wiped off GDP by the end of next year. The Bundesbank has warned that knock-on effects on global supply chains would “increase the original shock effect to two-and-a-half times the size”. https://www.ft.com/content/07df3f2e-6991-4842-a047-41f2b6fb853d
Well they may be completely ****ed but at least Ursula von der Leyen is leading the way Globally for non reliance on fossil fuel. Putin hasn't even cut anyone off yet they sanctioned him .
When king Gammon James O'brien asks his brain dead listeners to name one good thing about Brexit the list gets longer by the day .
If it wasn't for the funny clips of him people post on here, I wouldn't even know who the dickwad was. He's like all the ****wits of his ilk, whining 'not that' but not daring to offer anything of substance as an alternative.
Given the lower case O and T in Home Office and Treasury, and the reference being a Freedom of Information number, I think it's more than reasonable to assume it's bollocks.
Well it's pretty clear the lockdowns, Sunak printing zillions of pounds and the money we blew on tests and vaccines has been proven to have wrecked our economy. It's someone's fault/evil plan
That's one hell of a leap for your obviously fake letter. Hanlon's razor: "never attribute to malice that which is adequately explained by stupidity".
I just find it incredibly hard to imagine that literally hundreds of people, possibly thousands, at the higher echelon of British power, are all stupid... and that stupidity is replicated all over the first world countries.
Have a think about the middle and upper managers you've come across, and what their logistical and people skills are, and make a rough estimate of how many you'd feel confident about making key decisions. Those sort of posts tend to be filled by people either looking for a short term stepping stone to climb the ladder, or people that have put on the dead man's shoes to bump up their pension. It means many of those key posts are held for a relatively short term, by people looking to do what's best for them in the short term. They rarely look too deeply into problems.
Seems a coincidence that nearly ALL of the politicians from all over the World destroying their own countries with lockdowns, covid fear porn and green bullshit are listed on the World Economic Forum website and regularly attend their Davos meetings. Probably over thinking it and they are ALL just as daft as a brush .