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Uniper ends financing of Nord Stream 2 pipeline

Germany’s Uniper acting as the financial partner of the Nord Stream 2 gas pipeline project does not plan to finance it in the future, the company’s top manager said at an online press conference on Thursday. "We can …

US sanctions against Russia have gone stale

Since 2014, Russian and American diplomacy has been defined by economic sanctions. This has become the default, expected option for U.S. policymakers—but Russia has refused to concede, repent and ask for forgiveness, Modern Diplomacy, Belgian platform for assessing and evaluating complex international issues that are often outside the boundaries of mainstream Western media and academia, writes. The U.S. had hoped Russia would experience just enough economic hardship that they would revert their course, retract their reunification with Crimea, and end any involvement in Eastern Ukraine. Almost seven years later, there is no evidence to suggest that Russia has any intention of buckling under the pressure and denying its national interests

Munich Re stops insuring Nord Stream 2

 A subsidiary of Germany’s Munich Re will no longer insure the Nord Stream 2 pipeline from Russia to Europe amid the fear of sanctions by the U.S. government. The U.S. has been threatening sanctions against European companies …

Munich Security Conference brings trans-Atlantic's Fantastic Four back together

Donald Trump's four years as US president shook the trans-Atlantic relationship. On Friday, the Munich Security Conference brings together Biden, Merkel, Macron and Johnson for an event that could help to rebuild ties, Deutsche Welle reports. Organizers of the Munich Security Conference are facing the challenge of how to squeeze their annual get-together of top global security officials and policymakers into a special event constrained by the COVID pandemic. The multi-day conference that has taken place in Munich every February since 1963 is, for now, an online event, scheduled to wrap up after just about three hours on Friday

U.S. to unveil Nord Stream 2 pipeline report today

 The Biden administration is expected to name as early as Friday the companies it believes are helping build Russia’s Nord Stream 2 pipeline, five sources said, a move that could eventually prompt sanctions on the nearly completed …

Germany plans to extend lockdown until March 14

Germany plans to extend restrictions to curb the spread of the coronavirus until March 14, a draft agreement for talks between Chancellor Angela Merkel and leaders of the 16 federal states on Wednesday showed. The number of new daily …

Fortuna vessel resumes work in Danish waters

Russia's vessel Fortuna has begun laying pipes in the waters of Denmark after successfully completing preparatory work for the resumption of the construction of the Nord Stream 2 gas pipeline, the operator of the pipeline, Nord Stream 2 AG, …