Interesting to see the 2021 look forwards. All we have is good conversation and a look at the tea leaves. Lisa is going to talk about jobless claims and all the rest of it, but i want to look at the granularity. Is a pandemic ago stock, and there is the reality which i believe you mentioned yesterday. I cant remember which property you mentioned it on. You know what . Retail is really struggling. Jonathan this is the story. A stock like macys has done pretty well over the past week, but that is the difference between the ketchup trade the catchup trade and a durable trade. I think that is the story for hours. T couple of we got to get through the next couple of months. Tom i mean, it is a comedy. But this is not funny. In south australia, you can now not walk your dog because of pandemic fears. Talk ofes of the macro the Bloomberg New Economy Forum and the realities that lisa has been talking about here day by day. That gets your attention. Jonathan and initial jobless claims will get
More expensive and uncompetitive products construction of north stream to began last year as of november 29th seen more than 80 percent of the pipeline was built its launch a shuttle for 2020 the 2 lines of north stream and north stream 2 from russia to germany are currently bin laden and the baltic sea total capacity is expected to be 55000000000 cubic meters of gas play yet some of europes Biggest Energy firms are involved in construction of north stream to the pipeline it will pass through territorial waters and Economic Zones of the Russian Federation Finland Sweden denmark and germany according to the russian side the north stream 2 construction project complies with International Law and there is no legal basis for it suspension therefore it argues opponents of the project are using illegal tools that threaten the Global Economy moscow has repeatedly stated that north stream to is an absolutely commercial and competitive project germany has also repeated lists. That no stream to
To influence the sovereign decisions of europe we are holding negotiations with the United States meanwhile the german parliaments kmita chief on economy and energy told r. T. That the lane is ready to respond to any sanctions imposed by washington and the u. S. Is unhappy that we are not buying their gas they want to boost their own trade and thats why they are imposing sanctions on Companies Involved in building the pipeline firstly american liquefied natural gas is obtained through fracking which makes its unacceptable for germany secondly it is much more expensive than rushing gas the natural gas we get from russia is high in demand and due to falling production in europe demand has only increased so we plan to import more of it this is why north stream 2 is so important because russia of north stream 2 will be completed even if u. S. Sanctions are imposed on project participants that was announced by kremlin spokesperson to me trip is called he noted that the u. S. Actions violate
Than to stand that the sanctions will not be able to stop north streams construction as its already near completion germany is already preparing to tell a true measures top officials slammed the bill. Congress has indeed decided to impose sanctions we are against extraterritorial sanctions not only those adopted yesterday but we also have the same problem with the sanctions against iran there is no other option left for us but to hold very decisive talks to show that we are not accepting these sanctions we believe that is unacceptable as it is an attempt to influence the sovereign decisions of europe we are holding negotiations with the United States meanwhile the german parliaments kmita chief on economy and energy told r. T. That berlin is ready to respond to any sanctions imposed by washington and the u. S. Is unhappy that we are not by ny gas they want to boost their own trade and thats why they are imposing sanctions on Companies Involved in building the pipeline firstly american
As an attempt to counter the countrys Energy Project and promote americas own economic interests are. Reports from moscow. On tuesday the u. S. Senate approved the National Defense authorization act for next year its a record 768000000000. 00 military budgets more than 700000000. 00 has been allocated to contain russia among other things its obliges the administration to impose sanctions on russia. Gas pipelines and approves military aid to ukraine the white house opposes the construction of north stream to believing that the protractor will give russia leverage over the Foreign Policy of European Countries plus it promotes its liquefied natural gas and the pipeline is completed. Would make europe even more dependent on Russian Energy would generate billions of dollars for putin billions of dollars that would fund the Russian Military aggression but even in the us then to stand that the sanctions will not be able to stop north streams construction as its already near completion germany