U.S.’s Blinken warned Germany’s Maas about Nord Stream 2 sanctions
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BRUSSELS (Reuters) – U.S. Secretary of State Antony Blinken said on Wednesday he had told his German counterpart that sanctions against the Nord Stream 2 natural gas pipeline were a real possibility and there was “no ambiguity” in American opposition to its construction.
Berlin has so far been betting the new U.S. administration of President Joe Biden will take a pragmatic approach to the project to ship Russian gas to Europe because it is almost completed, officials and diplomats have told Reuters.
Reiterating Biden’s concerns about the pipeline from Russia to Germany, Blinken said he told German Foreign Minister Heiko Maas on Tuesday in a private meeting that companies involved in the project risked sanctions, particularly at a point when construction might finish.
“I made clear that firms engaged in pipeline construction risk U.S. sanctions. The pipeline divides Europe, it exposes Ukraine and central Europe to Russian manipulation and coercion, it goes against Europe’s own stated energy goals,” Blinken told a news conference.
The Kremlin says Nord Stream 2, a $11 billion venture led by Russian state energy company Gazprom, is a commercial project, but several U.S. administrations have opposed the project and Europe has vowed to reduce its reliance on Russian energy.
The United States and eastern European Union countries such as Poland say Nord Stream 2 is part of Russian economic and political measures to manipulate European countries and undermine transatlantic ties.
“What I said (to Maas) was that we will continue to monitor activity to complete or certify the pipeline and if that activity takes place, we will make a determination on the applicability of sanctions,” Blinken said.
He said it was important to carry the message directly to Maas, “just to make clear our position and to make sure there is no ambiguity.”
Reuters reported on Feb. 24 that 18 companies recently quit work on the pipeline to avoid sanctions.
Asked about a possible compromise in which Germany’s energy grid regulator could be empowered to stop gas flowing if Russia crossed a line, Blinken declined to comment.
Last month, a former German ambassador to the United States floated the idea of a compromise between Washington and Berlin that would have given the completed pipeline a use as political leverage.
Triggers for what the former envoy, Wolfgang Ischinger, called an “emergency brake” might include a flare-up in violence between Ukraine and Russia, which annexed Ukraine’s Crimea peninsula in 2014, or if Moscow sought to undermine Kyiv’s existing gas transit infrastructure.
Reporting by Robin Emmott; Editing by Andrew Heavens and Edmund Blair
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Captain Alexander Mikhailovich Zuyev was a man with a lot of weight on his shoulders in the final years of the Soviet Union.
Here's What You Need to Remember: Zuyev was handed over to the United States, while his aircraft was returned to the Soviet Union. Naturally, the US wasn’t too happy about this, but the Turkish government wanted no trouble with its neighbors across the Black Sea.
How far would you go for freedom? Would you betray your own countrymen? Risk life and limb? Bake a cake?
Although it’s going to be hard to believe, a Soviet fighter pilot checked “all of the above” on his list of things to do before defecting to the United States- and the tale is so bizarre, it couldn’t be made up.
Born in 1961, Captain Alexander Mikhailovich Zuyev was a man with a lot of weight on his shoulders in the final years of the Soviet Union. Between a strained relationship with his wife (who was the daughter of the Air Division Chief-of-staff), a rejection letter from test pilot school and personal doubts about the Soviet Union’s communist system, he felt trapped and yearned to seek freer skies.
Zuyev had grown up a communist, raised by the system to be the model example of where a Soviet could go in life. Married to a high-profile woman and a top pilot in the MiG-29 Fulcrum, life was good- at least until he started to better understand the system itself.
In 1983, the Soviet Union shot down Korean Air Lines Flight 007, killing all 269 passengers aboard, including U.S. Congressman Larry McDonald. The Soviets not only initially denied shooting down the aircraft, and even sent trawler ships to scatter the wreckage in the Sea of Japan before sending divers. Later, the Soviets would claim the aircraft was misidentified as a U.S. surveillance plane.
Two years after the incident, Zuyev was informed by his friend -a radar technician- that Arctic gales had knocked out the radar on the Kamchatka Peninsula, and that local officials had lied to Moscow, claiming the radar was fixed.
“Some people lied to Moscow, trying to save their ass,” Zuyev would later say of the incident.
Zuyev also learned that the public evacuation of children from the towns affected by the Chernobyl reactor meltdown incident was delayed two weeks, while prominent party members and their families were allowed to flee within 48 hours.
“How would you feel?” he later said. “Would you feel like this is a fair system? Would you feel like you would be happy to defend this system?”
The final straw for Captain Zuyev, however, came with the Tbilisi Massacre, when 21 civilians in Soviet Georgia were killed by Soviet troops after they had staged an anti-Soviet protest.
“They were peaceful demonstrators,” he said. “I was shocked to the depths of my soul, by the brutal slaughter that the army inflicted on the defenseless people.”
When Zuyev was told he and his fellow pilots may be used against future demonstrations, he knew he didn’t have much time- he decided to embark on a very difficult, if not impossible, flight to defect to the United States through Turkey.
“I didn’t want to kill my people,” he said. “I was trained to defend them, but not to kill.”
Zuyev knew that if he tried to escape, his fellow pilots would probably try to shoot him down. To combat this, he baked a strawberry cake laced with tranquilizers and made up a story about his wife being pregnant to give them an excuse to celebrate.
“I decided to use a strawberry cake,” he said.
With all eighteen of his fellow pilots heavily sedated (so much so that they all had to be hospitalized afterward), Zuyev cut the telephone lines and made his way to the hangar, where he would take down a guard and take off with one of the stored MiG-29s.
However, he met his match at the hangar, in the form of a guard- a mechanic that Zuyev told he would relieve due to his “relief being late.”
The guard returned after finding the others asleep and confronted Zuyev.
“When I was in school, I was a wrestler,” he said. “Once, I won the championship. I was pretty confident that it would be so easy to tie him up. You won’t believe it but he was a wrestler too. He was pretty good.”
The two fought on the ground for some time before exchanging shots, with Zuyev hitting the guard several times and getting shot in the shoulder in the process.
Zuyev scrambled to the jet and attempted to start it, but nothing happened. At this moment, he was afraid that he would be shot for trying to desert.
“I thought, ‘This is it, this is really the end of my life,’” he later said.
Telling himself to “chill out,” he slowly began the start-up process once more and managed to take off.
Now airborne, Zuyev weaved low and fast between forests, hills, friendly airbases and an extensive air defense network before flying around 150 miles across the Black Sea.
As Turkish territories closed in on him, he landed the plane in Trabzon. When he stopped the aircraft on the tarmac, he waited for some time before a lone guard came out to see what was going on.
Zuyev’s first words were “Finally, I- an American!” In later interviews, he said those were the only words he knew how to say.
Fortunately, the guard spoke English and smiled with relief.
Zuyev was handed over to the United States, while his aircraft was returned to the Soviet Union. Naturally, the US wasn’t too happy about this, but the Turkish government wanted no trouble with its neighbors across the Black Sea.
Zuyev began working for the CIA and Department of Defense, and later revealed to the world the truth about KAL Flight 007.
Eventually, Zuyev settled down in San Diego, California. He was killed in a plane crash in 2001.
This article first appeared last year.
Image: Wikipedia
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Bet you've heard the endless narrative flowing from the White House to allies – ditch Russia's Nord Stream 2 energy pipeline to Europe! But hypocrisy is right around the corner: figures show that, when it comes to America itself importing oil from the 'designated enemy' – it's far less discerning and the US has imported a record amount of, you've guessed it, RUSSIAN oil.
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- Dominion called Powell and Giuliani's election claims "ludicrous, inherently improbable, and technologically impossible."
- The company is suing Fox News for defamation and seeking $1.6 billion in damages.
- Dominion accused Fox of giving Powell and Giuliani's claims airtime despite knowing they were lies.
- See more stories on Insider's business page.
Dominion Voting Systems said in a lawsuit against Fox News that GOP lawyers Sidney Powell and Rudy Giuliani's claims of election fraud were "ludicrous, inherently improbable, and technologically impossible."
The voting tech company is suing Fox News for defamation and seeking $1.6 billion in damages. In its complaint, Dominion noted that Powell and Giuliani repeatedly claimed the "election had been stolen by vote-flipping algorithms in Dominion machines that had been created in Venezuela to rig elections for Hugo Chavez," who has been dead since 2013.
"As Fox well knew, Powell and Giuliani were facially unreliable sources and their claims were ludicrous, inherently improbable, and technologically impossible," the complaint said. "Powell was and is such an obviously unreliable source - and her claims about Dominion were so inherently improbable and outlandish - that those very same lies resulted in Tucker Carlson publicly mocking her for failing to produce evidence to support them."
Powell is also the defendant in another $1.3 billion defamation lawsuit from Dominion. In a court filing last week, Powell's lawyers argued that the case should be dismissed because "no reasonable person" takes her seriously.
"Even assuming, arguendo, that each of the statements alleged in the Complaint could be proved true or false, no reasonable person would conclude that the statements were truly statements of fact," Powell's lawyers said.
Dominion's lawsuit against Fox News on Friday highlighted Powell's fall from grace as her conspiracy theories about the election became increasingly untethered from reality.
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- Bitcoin slid 7% on Thursday, pushing it near the $50,000 threshold, well off recent record highs.
- Analysts said the expiration of more than $5 billion in bitcoin options contracts may be causing volatility.
- The price of ether also fell, along with binance coin, polkadot, Cardano's ADA and Ripple's XRP.
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Bitcoin fell as much as 6.7%, to $50,440.17, on Wednesday as retail-investor interest slipped and the options market triggered volatility.
Bitcoin (BTC) is now down around 17% from the record high of $61,742.41 reached earlier in March. But it's still up roughly 672% over the last year.
Analysts suggested a key reason for bitcoin's fall was the more than $5 billion of options that expire on Friday, which is adding to volatility as investors close out their positions.
Options are contracts that let investors bet on which way the price will go, without having to trade the digital currency itself.
The unwinding of contracts and some investors trying to push the price lower to make money from their bets against bitcoin in the options market "have led to spot selling pressure into quarter end," Shane Ai, head of research and development at crypto exchange Bybit, told Insider.
He also said Tesla's announcement had started accepting bitcoin as payment - which saw the bitcoin price to spike above $57,000 - had caused some investors to sell their coins and make a profit.
After bitcoin's meteoric rise, a growing number of investors are predicting a fall to lower levels.
BlockTower Capital founder Ari Paul tweeted that bitcoin falling back to around $40,000 "is plausible and I'll likely be buying there." He said there were "too many people positioned for immediate upside continuation."
Bobby Lee, the founder of the crypto exchange BTCC, told CNBC that bitcoin could reach $300,000 before the "bubble" pops. "People should be aware that it could fall as much as 80% to 90% of its value from the all-time peak," he said.
Ether (ETH), the second biggest cryptocurrency, also slid around 6% to $1,614. Binance coin, polkadot, Cardano's ADA token and XRP were down between 3% and 13%.
Justin d'Anethan, head of exchange sales at Nasdaq-listed crypto firm Diginex, told Insider the recent sell-off in the stock market had likely spread to cryptocurrencies too.
"With concerns around the economic recovery, doubts about recent employment data and infection rates ticking up, investors seem to have transferred some of their equities holdings into cash. Crypto investors likely did the same," he said.
However, many bitcoin advocates have pointed to growing institutional interest as a reason bitcoin is unlikely to crash, as it has in the past. Visa, Morgan Stanley, and JPMorgan are some of the latest big names to get involved.
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