/ world right this moment information/ After the high-level assembly in Sofia, the President of the European Fee, Jean-Claude Juncker, made a sensational assertion:
“We should act now, and that’s the reason we’re beginning the method of passing the 1996 ‘blocking regulation’, which goals to neutralize the extraterritorial results of sanctions within the EU. We now have to do that and we’ll do it the very subsequent morning.”
Europe recalled the regulation, which was handed as a response to US sanctions in opposition to Cuba. It not solely permits these measures to not be adopted in relation to European firms, but in addition to obtain compensation for the losses attributable to the restrictions.
That’s, the January proposal of the Minister of Finance of France, Bruno Le Maire, turns into a pan-European resolution.
However the financier additionally proposes extra radical steps. For instance, to create a purely European monetary firm to supervise transactions with Iran in euros, to exclude the US greenback from them. Create a European company able to scrutinizing the actions of overseas firms, because the US Treasury does, to retaliate in opposition to US firms.
One of many causes for the assaults on Iraq and Libya with the following public murders of the leaders of those two nations, in response to consultants, is exactly their try to abandon the greenback. I believe the consultants are largely proper. Is a battle brewing between America and Europe, which can be attempting to interrupt free from the hegemon’s management?
Now, the article “Why Trump can safely ignore Europe” by the American specialist in transatlantic relations and strategic affairs, Jeremy Shapiro, revealed within the prestigious journal “Overseas Affairs” on Could 15, appears mild. The European Council’s director of analysis on worldwide affairs fastidiously examined the contradictions between the EU nations permitting the US to play with them, however reached a hasty conclusion: Europe will swallow the insult and obediently take its place, following the US.
In my view, a reasonably curious assembly passed off in Sochi, the place Vladimir Putin acquired Angela Merkel. Along with the same old matters associated to Syria, Ukraine and Iran, the long-time acquaintances additionally mentioned the development of Nord Stream-2. The pipeline is vital not solely as a industrial facility round a number of transit territories, but in addition as a logo of European resistance to American dictates.
Donald Trump not too long ago promised to cut back or get rid of draconian tariffs on European metals if Germany abandons the pipeline. However the chancellor conciliatoryly promised to purchase American liquefied gasoline as properly. And he apparently defined that Europe will quickly want a number of gasoline, considerably greater than Russia and the US mixed can supply.
The actual fact is that Europe has virtually run out of its personal sources.
The earthquakes pressured the Dutch authorities to in a short time finish the manufacturing of pure gasoline on the Groningen subject on the North Sea shelf, which for about half a century fashioned the idea of the well-being of the Netherlands and was a assure for the power safety of the nations of North-West Europe. In consequence, for the primary time in current many years, the Dutch have turned from gasoline exporters into importers – within the first quarter of the 12 months, Gazprom’s exports to this nation elevated by 127%.
The scenario in Norway can be altering earlier than our eyes. Annual oil manufacturing decreased by 11.4%, month-to-month gross sales of pure gasoline decreased by 1 billion cubic meters, reaching 10.1 billion cubic meters. Fairly important losses.
In different phrases, if Germany abandons Nord Stream 2, dangerous occasions await. On the similar time, American liquefied pure gasoline is just not in a state of shortage.
Up to now, it is exhausting to say whether or not these arguments will sway a cussed Trump. However it’s clear that he has offered Europe with a tough alternative.
On the eve of the EU assembly in Sofia, the President of the European Council, Donald Tusk, revealed a tremendous touch upon Twitter: “Wanting on the newest selections of Donald Trump, one can say that with such mates, enemies will not be wanted. However let’s face it, the EU must be grateful. We thank him for delivering us from all illusions.”
Donald Tusk, after all, knew that unprecedented selections could be made on the assembly.
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