Germany Economic Slowdown and Energy Crisis

Chris Nheu · 2022-08-17T01:30:23.810Z

Discussion highlights Germany's likely economic slowdown due to Rhine River shipping troubles and rising electricity costs. Comments analyze the impact of sanctions, EU crude price caps at $60/barrel, and uncertainty regarding winter energy supplies.

The Most Important Thing

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Chris Nheu

·4 years ago

shared a chat session in group #The Most Important Thing

Drought related disruptions on Europes waterway the Rhine may knock half a percentage point off Germany’s growth this year. I’m wondering how it will impact the stock market. 

D J
German year-ahead electricity rose as mu...
🫣 bbc.com/news/world-europe..
www.bbc.com
Nord Stream 1: Russia shuts major gas pipeline to Europe
European countries dismiss claims the pipeline needs repairs, saying the move is linked to Ukraine.

Jerome Cody
It’s going to be a cold winter....
Turns out I was entirely wrong? ssaurel.medium.com/winter..
ssaurel.medium.com
Winter Is Coming in Europe, and There Is Too Much Gas.
The basic laws of the market take over from time to time.

D J
Turns out I was entirely wrong? https:...
Will the efficacy of sanctions increase over time? Are there still more options in the sanction arsenal? foreignpolicy.com/2022/12.. #ScholER
foreignpolicy.com
Sanctions on Russia Are Working. Here’s Why.
The Kremlin’s ability to wage war is already constrained, but the worst is yet to come.

David took a screenshot of this post

Sam Mendoza
On Friday, EU countries agreed to cap the price of Russian crude at $60/barrel. The cap sets a max purchasing price on Russian oil to hurt the Kremlin’s income, which is fueling its war on Ukraine. As of today, the EU will also ban seaborne imports of Russian oil (though pipelines will keep flowing). The cap might not be very effective, though, since China and India, the biggest buyers of Russian oil, don’t seem inclined to support it. Meanwhile, Russia has said it won’t sell oil to countries who implement a cap. That could exacerbate the winter energy crunch.

Embed post to a webpage :

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Germany Economic Slowdown and Energy Crisis

Chris Nheu

D JGerman year-ahead electricity rose as mu...🫣 bbc.com/news/world-europe..www.bbc.comNord Stream 1: Russia shuts major gas pipeline to EuropeEuropean countries dismiss claims the pipeline needs repairs, saying the move is linked to Ukraine.

Jerome CodyIt’s going to be a cold winter....Turns out I was entirely wrong? ssaurel.medium.com/winter..ssaurel.medium.comWinter Is Coming in Europe, and There Is Too Much Gas.The basic laws of the market take over from time to time.

D J
German year-ahead electricity rose as mu...
🫣 bbc.com/news/world-europe..
www.bbc.com
Nord Stream 1: Russia shuts major gas pipeline to Europe
European countries dismiss claims the pipeline needs repairs, saying the move is linked to Ukraine.

Jerome Cody
It’s going to be a cold winter....
Turns out I was entirely wrong? ssaurel.medium.com/winter..
ssaurel.medium.com
Winter Is Coming in Europe, and There Is Too Much Gas.
The basic laws of the market take over from time to time.