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Weekly Comic: Russia Puts the Squeeze on Europe's Gas
Economy 2 hours ago (Jun 21, 2022 12:26PM ET)
Investing.com -- Europe’s economic war with Russia over Ukraine has taken a sharp turn for the worse. It will take a miracle to stop it deteriorating further – and to protect the rest of the world from the fallout.
Over the last week, Russia has steadily turned off the gas taps to Europe, its biggest customer for the last 40 years. Germany has seen its supplies cut by 60%, Italy by 50%, France by 100%.
Europeans are planning on starving people as a negotiating tactic. This is the west's approach to peace? letting their economies collapse until they cannot feed themselves before dealing with reality? Fight Putin or concede, but these vain attempts to drag it out or pretend that Russia hasn't already won will just inflict more suffering on I moment populations.