Russia Turns Off the Gas? Let the Chaos Begin
My New Channel:
https://www.youtube.com/channel/UCWx1ZkC9eM4khwdr7zplo8g
TOPICS AND TIMESTAMPS:
Here We Go 0:00
Russia Gas Cut Off? 0:10
Key Resource Are Disappearing 5:01
Food Scarcity 8:31
Russia's Gazprom has told customers in Europe it cannot guarantee gas supplies because of "extraordinary" circumstances, according to a letter seen by Reuters, upping the ante in an economic tit-for-tat with the West over Moscow's invasion of Ukraine.
The Russian state gas monopoly said in a letter dated July 14 that it was retroactively declaring force majeure on supplies from June 14. The news comes as Nord Stream 1, the key pipeline delivering Russian gas to Germany and beyond, is undergoing 10 days of annual maintenance scheduled to conclude on Thursday. read more
The letter added to fears in Europe that Moscow may not restart the pipeline at the end of the maintenance period in retaliation for sanctions imposed on Russia over the war in Ukraine, heightening an energy crisis that risks tipping the region into recession.
Known as an "act of God" clause, force majeure is standard in business contracts and defines extreme circumstances that release a party from their legal obligations. The declaration does not necessarily mean that Gazprom will stop deliveries, rather that it should not be held responsible if it fails to meet contract terms.
—————————————————————————————————
💵 HOW TO MAKE MONEY ON AMAZON - FREE eCOURSE: 💵
👉 http://TheAmazonGPS.com 👈
—————————————————————————————————
LOOK THROUGH MY BOOKS! http://books.themoneygps.com
MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU
SUPPORT MY WORK: https://www.patreon.com/themoneygps
PAYPAL: https://goo.gl/L6VQg9
—————————————————————————————————
T-SHIRTS: http://merch.themoneygps.com
—————————————————————————————————
Sources Used in This Video:
http://bit.ly/TheMoneyGPSSources2022
—————————————————————————————————
The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It's simply data that is generally not found through conventional means.
#recession #inflation #investing
Music Provided by Skip Fearless
Graphics: https://foundation.app/@Haptic404
https://www.instagram.com/haptic404/
-
12:45
The Money GPS
7 months ago $0.08 earnedAmericans Now DRAINING Retirement Accounts to Pay Medical Bills
4551 -
1:28:51
Russell Brand
4 hours agoBREAKING: JULIAN ASSANGE IS FREE, what does it really mean? With Neil Oliver - Stay Free 393
101K193 -
1:59:59
The Charlie Kirk Show
3 hours agoAssange Goes Free + Biden's Economy | Mitchell, Moore | 6.25.24
34.7K28 -
49:24
Ben Shapiro
2 hours agoEp. 1991 - Is It Too Late To Stop World War III?
28.7K31 -
1:52:21
Mostly Sports With Mark Titus and Brandon Walker
22 hours agoMostly Sports with Mark Titus & Brandon Walker Presented by Jägermeister | EP 196 | 6.25.24
28.6K1 -
2:37:09
Side Scrollers Podcast
4 hours agoDr DisRespect Controversy Explodes, "Non-White" Transgender Knife Throwing Game | Side Scrollers
17.4K3 -
1:05:02
The Rubin Report
4 hours agoNeuralink Patient Makes Joe Rogan Go Quiet with Never-Before-Told Experiment Details
41K40 -
1:28:54
Benny Johnson
4 hours ago🚨FBI ADMITS STAGING & TAMPERING With Evidence in Trump Raid 'Crime Scene Photo' | Jack Smith JAIL?
72.3K87 -
2:00:47
LFA TV
8 hours agoPFIZER SUED BY 5 STATES! | LIVE FROM AMERICA 6.25.24 11am EST
44.5K70 -
1:00:34
The Dan Bongino Show
6 hours agoThey're Preparing For Violence (Ep. 2277) - 06/25/2024
429K1.54K