Europe’s Suicide on the Altar of War: Increased Military Spending and Rising Energy Prices – Centre for Research on Globalization

In Bulgaria, the defense minister, deemed untrustworthy, was deposed by NATO order and replaced by Bulgaria’s ambassador to NATO. In Hungary, where general elections are held on April 3rd, Prime Minister Orbán opposes the country’s involvement in the escalation of war against Russia, refusing to supply arms to Ukraine, and declares that Hungary wants to increase imports of Russian gas. Conversely, the left declares that, if it goes to government, it will adopt sanctions on Russian gas supplies and send arms to Ukraine.

Meanwhile, the U.S. and the European Union have formed a joint task force to reduce Russian gas supplies to Europe and replace it with U.S.-supplied liquefied natural gas. However, this is much more expensive than Russian gas and has very volatile prices. Hence the colossal increase in energy expenditures in Italy and Europe, which prepare for a disastrous economic crisis.

Europe’s Suicide on the Altar of War: Increased Military Spending and Rising Energy Prices – Global ResearchGlobal Research – Centre for Research on Globalization