The British economy has been collapsing, largely due to high energy costs, as I’ve written, and those, in turn, have everything to do with the Western economic warfare against Russia which has backfired. For the same reason, a new depression also haunts Europe. Moreover, the German-Russian Nord Stream 2 project (now gone) , against which Washington campaigned so heavily, could have avoided the current energy crisis in Europe. This is a geoeconomic and geopolitical crisis which serves American interests quite well. In today’s plight, energy, economy, geopolitics and industry issues are all intertwined.
To sum it up, the current US-backed conflict in Ukraine and its economic and energy outcomes has proved itself disastrous not only to Kiev and to Ukrainians, but also to the EU and the UK, as well as the West itself. Europe cannot afford to decouple from Russia energetically and cannot easily separate from the US-led NATO’s structure, even when American geopolitical goals collide with the continent’s interests. This is Europe’s main sovereignty contradiction and its great drama today.Gas Prices to Remain High in Europe While LNG Imports Reached Their Upper Limit – Global ResearchGlobal Research – Centre for Research on Globalization