Germany considers seizing Russia companies

[khansaheeb]

Germans have no guts to do so.

China must be panicking

Arabs must be panicking

 

[northeast]

No, they are desperate to get money. They give up all german infraatructure. Oil plants, pipelinesystems and gas storage facilities. Government in germany planned to nationalize it so it was lost for Gazprom anyways. Gazprom Germania had assets worth 23 billion €. All gone now because Putin.

You don't get it,do you? It is a threatening that they will cut off the gas supply anytime they want if germany do anything funny. Those 23 billion is gonna be useless anyway, for both of german and russia,it is a sink cost.

 

[Trango Towers]

Rubles is worthless my friend. Putin trying to pop up the currency by manipulating the market. The real value is $1 to 150 rubles.

And the dollar is not manipulated? Please when you post at least think what yiu are typing

 

[Apollon]

You don't get it,do you? It is a threatening that they will cut off the gas supply anytime they want if germany do anything funny. Those 23 billion is gonna be useless anyway, for both of german and russia,it is a sink cost.

Its not useless. Its the german gas storage facilities and oil plants. German operators use them now.

 

[beijingwalker]

Germany needs Russia way more than the other way around, roughly half of Germany's energy supply comes from Russia, If Germany is a machine, Russia is their engine.

 

[Apollon]

Germany needs Russia way more than the other way around, roughly half of Germany's energy supply comes from China, If Germany is a machine, Russia is their engine.

What? German energy supply comes from China? Dude you get detached from reality.

 

[beijingwalker]

What? German energy supply comes from China? Dude you get detached from reality.

typo, Russia

 

[qwerrty]

typo, Russia

 

[Georg]

Germany needs Russia way more than the other way around, roughly half of Germany's energy supply comes from Russia, If Germany is a machine, Russia is their engine.

Germany needs nothing from Russia that it cant get elsewere, but no more addidas dress for the russian gangster in da hood ... no more Mercedes, Maybach, AMG, Brabus, BMW, Audi for the Oligaches...no more 600million € yachts build for Pudding and his friends no more daily stuff for daily life in russian supermarkets. no more hightechparts for the pussy weak russian economy etc... Russia is a sinking ship that is close to dive under water... and China and India cant help Russia to stop this

 

[Apollon]

typo, Russia

Math is funny. Yes 40% of german gas supply come from Russia...but only 16% of german energy is gas. So those 40% are 40% from 16%. Which can be replaced in one or 2 years.

 

[Georg]

Math is funny. Yes 40% of german gas supply come from Russia...but only 16% of german energy is gas. So those 40% are 40% from 16%. Which can be replaced in one or 2 years.

finaly someone with little brain here

 

[beijingwalker]

finaly someone with little brain here

The little brain failed to grasp the whole picutre.

Few other western economies are as dependent on Russian energy as Germany: 55% of the natural gas, 52% of the coal and 34% of mineral oil used in the country comes from Russia

Boycott of Russian gas and oil ‘could cause mass poverty in Germany’​

German economic and energy minister Robert Habeck gives press conference. Photograph: Michael Kappeler/AP

Philip Oltermann in Berlin

Mon 14 Mar 2022 09.51 EDTLast modified on Mon 14 Mar 2022 13.37 EDT

Germany has warned that an immediate boycott of Russian gas and oil supplies could hurt its own population more than Vladimir Putin, bringing mass unemployment and poverty.
“If we flip a switch immediately, there will be supply shortages, even supply stops in Germany,” the economic and energy minister Robert Habeck told public broadcaster ARD on Sunday, as Europe’s largest economy intensely searches to diversify its energy supplies in the medium term.

The Green party politician predicted “mass unemployment, poverty, people who can’t heat their homes, people who run out of petrol” if his country stopped using Russian oil and gas.

Few other western economies are as dependent on Russian energy as Germany: 55% of the natural gas, 52% of the coal and 34% of mineral oil used in the country comes from Russia, for which it pays hundreds of millions of euros daily, financially supporting the war machine currently devastating Ukraine.

Habeck said his government was working hard to ensure Germany would be in a position to give up Russian coal by the summer, and to phase out Russian oil by the end of the year, but that a short-term ban on Russian gas could leave his country exposed.

“With coal, oil and even gas we are step by step in the process of making ourselves independent”, the former Green party co-leader said. “But we can’t do it in an instant. That’s bitter, and it’s not a nice thing morally to confess to, but we can’t do it yet.”

The US, which imported roughly 8% of its crude oil needs from Russia in 2021, announced a ban on Russian oil with immediate effect last week, while the UK announced it would phase out Russian oil imports by the end of the year.

Since the start of the war in Ukraine, the German chancellor, Olaf Scholz, has u-turned on a number of foreign policy red lines, consenting to deliver lethal weapons to Ukraine, supporting cutting Russia off from the Swift payment system, and freezing the completed but not yet functional Nord Stream 2 pipeline underneath the Baltic Sea.

But the centre-left leader has said his hands are tied when it comes to banning Russian energy. “Currently there is no other way to secure Europe’s supply with energy to generate heat, for mobility, for power supply and for industry,” Scholz said last week.

Depending on the predictions of various thinktanks and economic institutes, an immediate stop in Russian gas deliveries could shrink Germany’s GDP by as little as 0.1 or as much as 5.2 percentage points.

In an open letter, a number of prominent German scientists, writers and activists have urged the government to take the bold step of cutting itself loose from Russian energy. The Christian Democratic Union party of the former chancellor Angela Merkel has proposed shutting down the Nord Stream 1 pipeline while allowing gas imports via other routes.

Germany’s left-liberal government, meanwhile, is trying to buy time in order to fill up its gas reserves, which were undersupplied by Russian energy companies last year and are largely depleted at the end of the winter.

In its search for alternative sources of energy, short-term solutions are also hard to come by. Simplifying the process whereby new wind and solar farms are to be authorised was one of the promises of the “traffic light” government’s coalition deal, but construction alone will take time.

Building port terminals for liquefied natural gas (LNG), as Germany has now vowed to do in the towns of Brunsbüttel und Wilhelmshaven, usually takes at least five years.

“Can’t do is a highly problematic statement”, energy expert Claudia Kemfert told ARD. “Because the likely challenge we are facing is that we have no choice but to can do”.

Boycott of Russian gas and oil ‘could cause mass poverty in Germany’

Minister warns an immediate stop to supplies could hurt Germany’s population more than Putin

www.theguardian.com

 

[beijingwalker]

Without stable, cheap Russian energy supplies, how can Germany compete with China in manufacturing in the future?

 

[Apollon]

The little brain failed to grasp the whole picutre.

Boycott of Russian gas and oil ‘could cause mass poverty in Germany’​

German economic and energy minister Robert Habeck gives press conference. Photograph: Michael Kappeler/AP

Philip Oltermann in Berlin

Mon 14 Mar 2022 09.51 EDTLast modified on Mon 14 Mar 2022 13.37 EDT

Germany has warned that an immediate boycott of Russian gas and oil supplies could hurt its own population more than Vladimir Putin, bringing mass unemployment and poverty.
“If we flip a switch immediately, there will be supply shortages, even supply stops in Germany,” the economic and energy minister Robert Habeck told public broadcaster ARD on Sunday, as Europe’s largest economy intensely searches to diversify its energy supplies in the medium term.

The Green party politician predicted “mass unemployment, poverty, people who can’t heat their homes, people who run out of petrol” if his country stopped using Russian oil and gas.

Few other western economies are as dependent on Russian energy as Germany: 55% of the natural gas, 52% of the coal and 34% of mineral oil used in the country comes from Russia, for which it pays hundreds of millions of euros daily, financially supporting the war machine currently devastating Ukraine.

Habeck said his government was working hard to ensure Germany would be in a position to give up Russian coal by the summer, and to phase out Russian oil by the end of the year, but that a short-term ban on Russian gas could leave his country exposed.

“With coal, oil and even gas we are step by step in the process of making ourselves independent”, the former Green party co-leader said. “But we can’t do it in an instant. That’s bitter, and it’s not a nice thing morally to confess to, but we can’t do it yet.”

The US, which imported roughly 8% of its crude oil needs from Russia in 2021, announced a ban on Russian oil with immediate effect last week, while the UK announced it would phase out Russian oil imports by the end of the year.

Since the start of the war in Ukraine, the German chancellor, Olaf Scholz, has u-turned on a number of foreign policy red lines, consenting to deliver lethal weapons to Ukraine, supporting cutting Russia off from the Swift payment system, and freezing the completed but not yet functional Nord Stream 2 pipeline underneath the Baltic Sea.

But the centre-left leader has said his hands are tied when it comes to banning Russian energy. “Currently there is no other way to secure Europe’s supply with energy to generate heat, for mobility, for power supply and for industry,” Scholz said last week.

Depending on the predictions of various thinktanks and economic institutes, an immediate stop in Russian gas deliveries could shrink Germany’s GDP by as little as 0.1 or as much as 5.2 percentage points.

In an open letter, a number of prominent German scientists, writers and activists have urged the government to take the bold step of cutting itself loose from Russian energy. The Christian Democratic Union party of the former chancellor Angela Merkel has proposed shutting down the Nord Stream 1 pipeline while allowing gas imports via other routes.

Germany’s left-liberal government, meanwhile, is trying to buy time in order to fill up its gas reserves, which were undersupplied by Russian energy companies last year and are largely depleted at the end of the winter.

In its search for alternative sources of energy, short-term solutions are also hard to come by. Simplifying the process whereby new wind and solar farms are to be authorised was one of the promises of the “traffic light” government’s coalition deal, but construction alone will take time.

Building port terminals for liquefied natural gas (LNG), as Germany has now vowed to do in the towns of Brunsbüttel und Wilhelmshaven, usually takes at least five years.

“Can’t do is a highly problematic statement”, energy expert Claudia Kemfert told ARD. “Because the likely challenge we are facing is that we have no choice but to can do”.

Boycott of Russian gas and oil ‘could cause mass poverty in Germany’

Minister warns an immediate stop to supplies could hurt Germany’s population more than Putin

www.theguardian.com

Poverty in Germany is like upper middle class in China...

That said thats the prize one has to pay while doing business with dictators. It was Germany that was often too close to Russia. Now it pays the price. The boycott will come anyways. If things escalate the pipelines will get destroyed either by Poland or Ukraine. So it is what it is.

 

[beijingwalker]

Poverty in Germany is like upper middle class in China...

That said thats the prize one has to pay while doing business with dictators. It was Germany that was often too close to Russia. Now it pays the price. The boycott will come anyways. If things escalate the pipelines will get destroyed either by Poland or Ukraine. So it is what it is.

China's cost of living is much cheaper, so poverty in Germany is the same as poverty in China. and I prefer believing German ministers over a random Greek guy in PDF about Germany.