He couldn’t have prevented the years of low oil prices and cheap gas that gutted oil company profits. (For example, Exxon’s profit dropped from $32.5 billion in 2014 to $7.8 billion in 2018, and the company lost $22.4 billion in 2020.) That was engineered by Saudi Arabia to kill off the [...]
Archive for the ‘Europe’ Category
Putin likely will survive; what should America do?
The Russian people are being forced to live in a dreamland, whether they want to or not, in which Putin’s aggression against Ukraine is a “sacred” duty of “defending the Motherland” and those supporting Ukraine are “international terrorist gangs.” Moreover, [...]
Head of British military sees war clouds over Europe
“The new head of the British Army warned soldiers that they must prepare ‘to fight in Europe once again,'” AOL News reported on Sunday, June 19, 2022 (read story here). Gen. Patrick Sanders, on his first day in office, seemed to foresee a wider war when he spoke of a need “to[...]
Author Boris Pahor dies at 108
Boris Pahor (photo, left), a prominent Slovene writer, has died at age 108 (see story here). Pahor (bio here) was “one of the most important” Slovenian-language authors of the 20th century. His best-known work, an autobiographical novel titled “Necropolis,” recounts the 15 mo[...]
What’s the U.S. strategy in Ukraine?
I’d say we don’t have one, for the simple reason we aren’t at war. It’s not a U.S. or NATO “proxy war,” either. We’re not at war with Russia, period. So supplying Ukraine with weapons isn’t what I’d call a military strategy. It’s military a[...]
Can Cyprus replace Russia as Europe’s natural gas supplier?
Before the sanctions, Europe imported nearly 40% of its natural gas supply from Russia, in part via pipelines through Ukraine. The invasion is making European leaders rethink their economies’ dependence on Russian gas. But the idea of cutting the energy cord with Russia isn’t new.[...]