Nord Stream-2

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 …

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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

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European companies back out of Nord Stream 2

Eighteen companies have terminated their participation or are in the process of withdrawing, following U.S. sanctions threats. The U.S. has only imposed sanctions on one company, but has threatened to "take further action." So …

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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 …

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Allies worried Joe Biden shaky on Nord Stream 2 pipeline

Axios published today a summary of Western politicians' reactions to the current U.S. activity in relation to pressure on Russia's pipeline project Nord Stream 2. The big picture, according to the article, is that Europe is now unhappy …

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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 …

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West changes its mind on global sanctions against Russia?

The U.S. is likely to hold off sanctioning any German entities for now over the Nord Stream 2 gas pipeline from Russia, according to four people familiar with the matter, as the Biden administration seeks to halt the project without antagonizing …

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