Page 29 of 37 FirstFirst ... 192122232425262728293031323334353637 LastLast
Results 701 to 725 of 920
  1. #701
    Thailand Expat helge's Avatar
    Join Date
    May 2008
    Last Online
    @
    Posts
    8,791
    Quote Originally Posted by bsnub View Post
    More utter crap. Zero fucking hedge in 2022? Give me a break.

    The German's gas reserves are full and Norway and America have stepped into fill the breach. There will be no energy shortage in the EU this winter. Just more of your fearmongering trash.
    This pearl has to be saved

  2. #702
    Thailand Expat David48atTD's Avatar
    Join Date
    Jan 2016
    Last Online
    @
    Location
    Palace Far from Worries
    Posts
    14,773
    ^ Nice to see you posting again helge

    Quote Originally Posted by OhOh View Post
    ^More from Reuters on the facts.

    Than ZH opinion
    More from Reuters on the facts ... Better than ZH opinion

    ... Exclusive: German utilities close to long-term LNG deals with Qatar, sources say | Reuters

  3. #703
    Thailand Expat OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Yesterday @ 09:18 PM
    Location
    Where troubles melt like lemon drops
    Posts
    25,220
    Quote Originally Posted by David48atTD View Post
    Better than ZH opinion
    ZH published stated "facts" from the Reuters report, with attribution. As do most media sources, with some opinions of their own.

  4. #704
    Thailand Expat David48atTD's Avatar
    Join Date
    Jan 2016
    Last Online
    @
    Location
    Palace Far from Worries
    Posts
    14,773
    Quote Originally Posted by OhOh View Post
    ZH published stated "facts" from the Reuters report, with attribution. As do most media sources, with some opinions of their own.
    So, better to post Reuters report than another media reporting their filtered observations of the original report, original 'facts'?

    Seems the more logical response to me.

    That way, there can be no implication of editorial bias.

  5. #705
    Thailand Expat OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Yesterday @ 09:18 PM
    Location
    Where troubles melt like lemon drops
    Posts
    25,220
    Quote Originally Posted by David48atTD View Post
    So, better to post Reuters report
    I agree.

    When I posted the article, the Reuters report was behind a pay wall. After a couple of days, they are more available.

  6. #706
    Thailand Expat harrybarracuda's Avatar
    Join Date
    Sep 2009
    Last Online
    @
    Posts
    89,234
    Quote Originally Posted by OhOh View Post
    ZH published stated "facts" from the Reuters report, with attribution. As do most media sources, with some opinions of their own.
    Zerohedge is a fucking load of shite, like your posts.

    Zero Hedge is a batshit insane Austrian school finance blog run by two pseudonymous founders who post articles under the name "Tyler Durden," after the character from Fight Club. It's essentially apocalypse porn. It has accurately predicted 200 of the last 2 recessions.
    Zero Hedge - RationalWiki

  7. #707
    In Uranus
    bsnub's Avatar
    Join Date
    Jun 2009
    Last Online
    @
    Posts
    30,094
    Quote Originally Posted by harrybarracuda View Post
    Zerohedge is a fucking load of shite, like your posts.
    The fact that that clown still quotes ZH in 2022 is utterly laughable.

  8. #708
    Thailand Expat OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Yesterday @ 09:18 PM
    Location
    Where troubles melt like lemon drops
    Posts
    25,220
    Prices "have to go down," says Scholz

    Status: 24.09.2022

    Germany is in the midst of an energy crisis. Due to the enormous prices, many deal with the topic of heating differently than usual. What are you saying? Should we turn up the heating already? We asked. Here is your voice.

    "The Chancellor has promised a quick remedy in view of the high energy prices. Especially people with little money and energy-intensive companies must now be helped. There is also good news.

    Bundeskanzler Olaf Scholz has promised a swift implementation of the planned further relief due to the high energy prices. "The legislative machine has started and will very, very quickly organize the necessary support," said the SPD politician in his weekly video message published on Saturday .

    It is about support for households, families and for those who earn little money – but also for companies that now have high energy bills and do not know how to continue to maintain their business.

    With a view to the prices for electricity, heat and gas, Scholz affirmed: "They are too high, and they have to go down." In the case of electricity, a change in the "market design" should ensure this. A commission has been set up on gas prices and there are talks with the European Union and with all those who export gas to Europe and Germany.

    The Chancellor referred to precautions already taken to ensure the supply of coal, oil and gas and that the electricity supply would continue to function. Today you can say: "We will probably get through."

    "We have to do everything we can to avoid getting into employment issues"

    Energiekrise: Die Preise „mussen runter“, sagt Scholz - WELT

    Lots of promises and words. Unfortunately, for his citizens, he ends with:

    "We will probably get through."

    Hardly a Churchillian speech.

    The eight hurdles to clear:

    1. A swift implementation of the planned further relief

    2. Legislative machine has started

    3. Quickly organize the necessary support

    4. A change in the "market design"

    5. Should ensure this.

    6. A commission has been set up

    7. There are talks with the European Union

    8. And with all those who export gas to Europe and Germany.

    A failure at any one of the hurdles, may be enough to cause his "winning horse" to stumble and throw its jockey.

    His citizens may do more than just throw away their worthless betting slips.

    Let's hope, for his and the German citizen's sakes, he is successful.
    Last edited by OhOh; 26-09-2022 at 08:31 PM.
    A tray full of GOLD is not worth a moment in time.

  9. #709
    Thailand Expat harrybarracuda's Avatar
    Join Date
    Sep 2009
    Last Online
    @
    Posts
    89,234
    The simplest solution is that the war criminal stops blackmailing Germany and the rest of Europe.

    (Well realistically the simplest solution is for one of his generals to put a bullet between his eyes before he gets any more stupid ideas).

  10. #710
    Thailand Expat David48atTD's Avatar
    Join Date
    Jan 2016
    Last Online
    @
    Location
    Palace Far from Worries
    Posts
    14,773
    Quote Originally Posted by David48atTD View Post
    So, better to post Reuters report
    Quote Originally Posted by OhOh View Post
    I agree.

    When I posted the article, the Reuters report was behind a pay wall. After a couple of days, they are more available.
    Fair enough, I understand the logic.

  11. #711
    Chinese spy sabang's Avatar
    Join Date
    Feb 2006
    Last Online
    Today @ 09:00 AM
    Location
    BackinOz
    Posts
    39,501

    Leading economies sliding into recession as Ukraine war cuts growth, OECD finds

    Impact of energy and inflation crises worse than forecast, with Europe most directly exposed to fallout of Russian invasion


    The world’s leading economies are sliding into recession as the global energy and inflation crises sparked by Russia’s invasion of Ukraine cut growth by more than previously forecast, according to the Organisation for Economic Co-operation and Development (OECD).

    A dependency on expensive gas for heavy industry and home heating will plunge Germany, Italy and the UK into a long period of recession after global growth was projected by the OECD to slow to 2.2% in 2023 from a forecast in June of 2.8%.

    With the global economy needing to grow by about 4% to keep pace with rising populations, the OECD said incomes per head would be lower in many countries.

    OECD’s interim chief economist, Álvaro Pereira, said the world was paying a steep price for the Ukraine war and Russia’s decision to restrict access to gas supplies more tightly than was forecast in June.

    He said governments would need to encourage households and businesses to reduce their consumption of gas and oil to help weather a difficult winter.
    Pereira also supported the determination of central banks to reduce inflation by raising interest rates. “We need to reduce demand, there is no doubt about that. And monetary and fiscal authorities need to work hand in hand to achieve it,” he said.

    China’s growth rate is expected to drop this year to 3.2% – its lowest since the 1970s – causing a large decrease in trade with neighbours South Korea, Vietnam and Japan, dragging down their capacity to grow.

    A recovery in China next year to 4.7% will be weaker than expected, the OECD said, as Beijing wrestles with a property market and banking sector weighed down by huge debts.

    However, the Paris-based policy forum was most alarmed by the outlook across Europe, which is most directly exposed to the fallout from Russia’s war in Ukraine.

    The OECD forecast that UK GDP growth would be flat in 2023. However, this projection does not take into account the measures announced in the chancellor Kwasi Kwarteng’s mini-budget on Friday.

    The OECD forecast a drop in growth in the eurozone from 3.1% this year to only 0.3% in 2023, meaning that many countries in the 19-member currency bloc will spend at least part of the year in recession. A recession is defined as two straight quarters of contraction.

    France could escape a recession if it grows by 0.8% next year as predicted by the OECD, but will suffer along with other European countries after the downgrade in GDP growth since June of 1.3 percentage points.

    Russia will shrink by at least 5.5% this year and 4.5% in 2023. Berlin’s dependence on Russian gas before the invasion means the German economy will shrink by 0.7% next year, down from a June estimate of 1.7% growth.


    The OECD warned that further disruptions to energy supplies would hit growth and boost inflation, especially in Europe, where they could knock activity back another 1.25 percentage points and increase inflation by 1.5 percentage points, pushing many countries into recession for the full year of 2023.

    Global output next year is projected to be $2.8tn (£2.6tn) lower than the OECD forecast before Russia attacked Ukraine – a loss of global income equivalent to the UK economy.

    “The global economy has lost momentum in the wake of Russia’s unprovoked, unjustifiable and illegal war of aggression against Ukraine. GDP growth has stalled in many economies and economic indicators point to an extended slowdown,” the organisation’s secretary-general, Mathias Cormann, said.

    A review of the outlook for the US found that while it is likely to grow slowly this year and be in recession for part of 2023, it was less dependent than other countries on energy from Russia or other sources, allowing for a strong recovery in 2024.

    The OECD forecast that the world’s biggest economy would slow from 1.5% growth this year to only 0.5% next year, down from June forecasts for 2.5% in 2022 and 1.2% in 2023.

    World Bank officials have called on central banks to refrain from competitive rate hikes that will push the global economy into recession and harm the economies of developing countries the most.

    Nevertheless, the OECD said further rate hikes were needed to fight inflation, forecasting that most major central banks’ policy rates would reach at least 4% next year.

    Leading economies sliding into recession as Ukraine war cuts growth, OECD finds | Business | The Guardian

  12. #712
    Thailand Expat harrybarracuda's Avatar
    Join Date
    Sep 2009
    Last Online
    @
    Posts
    89,234
    Quote Originally Posted by sabang View Post
    the global energy and inflation crises sparked by Russia’s invasion of Ukraine
    I think sabang's two tiny little brain cells are just starting to work it out...

  13. #713
    Im bored AF Backspin's Avatar
    Join Date
    Oct 2019
    Last Online
    @
    Posts
    9,867
    There was an act of sabotage on German/Russian infrastructure. Nord stream 1 and 2. This was days after Putin said he was open to filling NS2.

    If you cant figure this one out then nobody can help you


    https://www.aljazeera.com/favicon_aje.ico

  14. #714
    Im bored AF Backspin's Avatar
    Join Date
    Oct 2019
    Last Online
    @
    Posts
    9,867
    Quote Originally Posted by harrybarracuda View Post
    The simplest solution is that the war criminal stops blackmailing Germany and the rest of Europe.

    (Well realistically the simplest solution is for one of his generals to put a bullet between his eyes before he gets any more stupid ideas).
    September 17th

    Putin tells Europe: if you want gas then open Nord Stream 2

    Putin tells Europe: if you want gas then open Nord Stream 2 | Reuters

  15. #715
    Thailand Expat harrybarracuda's Avatar
    Join Date
    Sep 2009
    Last Online
    @
    Posts
    89,234
    Oh look skiddy is back. I wonder whose opinion he's copying now?

  16. #716
    Im bored AF Backspin's Avatar
    Join Date
    Oct 2019
    Last Online
    @
    Posts
    9,867
    Quote Originally Posted by harrybarracuda View Post
    Oh look skiddy is back. I wonder whose opinion he's copying now?
    I'm copying Reuters. The same Reuters who reported that Putin wanted to open NS2 to help with the gas shortage in Germany.

    And then a few days later , nord stream 1 and 2 was damaged. Hmmmmm

  17. #717
    Im bored AF Backspin's Avatar
    Join Date
    Oct 2019
    Last Online
    @
    Posts
    9,867
    Who Will Rid Me of This Meddlesome Gas Pipeline? | National Review



    "Sometimes it takes a little while, but the Corner gets results, even in matters of geopolitical energy. Way back in February 22, under the headline, “Nice New Pipeline You’ve Got There. Shame If Something Happened to It,” I wrote of the Nord Stream 2 pipeline:

    Still, halting the certification process is a temporary stop; the pipeline is still there, constructed, waiting to be used. It is not difficult to envision a scenario where the German government finds some excuse to reopen the certification process and start using the pipeline, after issuing the appropriate pro forma objections to Putin’s actions

  18. #718
    Im bored AF Backspin's Avatar
    Join Date
    Oct 2019
    Last Online
    @
    Posts
    9,867

  19. #719
    Thailand Expat David48atTD's Avatar
    Join Date
    Jan 2016
    Last Online
    @
    Location
    Palace Far from Worries
    Posts
    14,773
    Quote Originally Posted by Backspin View Post
    I'm copying Reuters. The same Reuters who reported that Putin wanted to open NS2 to help with the gas shortage in Germany.

    And then a few days later , nord stream 1 and 2 was damaged. Hmmmmm
    OR, Putin sabotaged the pipelines just as a demonstration to prove Russia can.


    WHY? ...

    New Polish gas pipeline from Norway to reach full capacity ahead of schedule

    Economic sanctions-gazociag-laczacy-glownea-jpg

    Poland’s new pipeline bringing Norwegian gas via Denmark and through the Baltic Sea – which is due to open this week – will be able to transport up to twice as much gas as previously planned this year due to the faster-than-expected progress of work.

    The Baltic Pipe, which is seen as a key element in Poland’s diversification away from Russian energy sources, is due to begin transporting gas this Saturday, 1 October, with an initial capacity equivalent to 2-3 billion cubic metres (bmc) per year.

    Economic sanctions-1280px-mapa_baltic-pipe-public-domain-pl

    It was then expected to reach its full capacity of 10 bcm of gas per year at the start of 2023.
    However, on Saturday Danish gas system operator Energinet announced that work “is progressing so well” that full capacity is due to be reached by the end of November this year.


    New Polish gas pipeline from Norway to reach full capacity ahead of schedule | Notes From Poland
    Someone is sitting in the shade today because someone planted a tree a long time ago ...


  20. #720
    Im bored AF Backspin's Avatar
    Join Date
    Oct 2019
    Last Online
    @
    Posts
    9,867
    Quote Originally Posted by David48atTD View Post
    OR, Putin sabotaged the pipelines just as a demonstration to prove Russia can.


    WHY? ...

    [SIZE=4]New]
    Nope. Don't even try.

    Poland and the US are gloating about it. Polish politicians are in effect admitting they did it. So no. You don't get to "Putin done it" on this one. Sorry.

    Putin tabled the idea of starting NS2 up just days ago. And then it got taken out. And NS1 for good measure. Both pipelines that Russia and Germany have billions invested in.

  21. #721
    Chinese spy sabang's Avatar
    Join Date
    Feb 2006
    Last Online
    Today @ 09:00 AM
    Location
    BackinOz
    Posts
    39,501
    Well whoever has done this- and it surely wouldn't have been either Germany or Russia- my only comment is REAL DUMB.

    It has set a precedent, and declared that sabotaging essential oil and gas pipelines is both easy, and not Off Limits.

    "If They can do it, We can do it too". The whole World takes note. Not unlike unleashing a nuke. REAL DUMB.

    Whoever has done it has also unilaterally declared themselves an enemy of Germany too.

  22. #722
    Thailand Expat

    Join Date
    Aug 2017
    Last Online
    Today @ 09:07 AM
    Location
    Sanur
    Posts
    7,371
    Quote Originally Posted by sabang View Post
    Well whoever has done this- and it surely wouldn't have been either Germany or Russia- my only comment is REAL DUMB.

    It has set a precedent, and declared that sabotaging essential oil and gas pipelines is both easy, and not Off Limits.

    "If They can do it, We can do it too". The whole World takes note. Not unlike unleashing a nuke. REAL DUMB.

    Whoever has done it has also unilaterally declared themselves an enemy of Germany too.
    You have no idea who might be responsible for the supply chain damages.

    Im sure that there are organizations who are responsible for it, but no one really knows who they are, least of all you, with your twisted logic.
    You are observing from a distance, using what little you might think you know, to determine who might be responsible. The global nature of it is actually beyond your comprehension, so making your assertion that it is dumb, does no one any favors.

    Do yourself and everyone else a favour by the simple expedient of shutting up. You are too far removed from the situation, and not smart enough to understand the depth, complexity and reach of the likely cause.

    You are entitled to hold your opinions, but not such a subject matter expert to use such opinions, in order to try and sway the opinions of others. I believe in the adage that “a little knowledge is a dangerous thing”. The likes of you, backspin and OhOh prove that because your combined lack of understanding makes it glaringly obvious.

    “Better to remain silent and be thought a fool, than to speak out and remove all doubt”

    Better to remain silent and be thought a fool than to speak out and remove all doubt.”

  23. #723
    Chinese spy sabang's Avatar
    Join Date
    Feb 2006
    Last Online
    Today @ 09:00 AM
    Location
    BackinOz
    Posts
    39,501
    I have determined who is not responsible, using the simplest of logic. I have not ventured to suggest who is. And it was REAL DUMB- reckless and irresponsible. If you don't like reading that, tough shit- just put me on ignore. Have a nice day.

  24. #724
    Thailand Expat harrybarracuda's Avatar
    Join Date
    Sep 2009
    Last Online
    @
    Posts
    89,234
    Quote Originally Posted by sabang View Post
    Well whoever has done this- and it surely wouldn't have been either Germany or Russia
    Don't be stupid, it's classic Putin.

  25. #725
    Thailand Expat harrybarracuda's Avatar
    Join Date
    Sep 2009
    Last Online
    @
    Posts
    89,234
    Quote Originally Posted by sabang View Post
    I have determined who is not responsible, using the simplest of logic.
    No you haven't, you've stuck your head in the sand and denied it might be another one of Putin's silly games, like his fake referenda. Because you're a snivelling Putin sycophant.

Page 29 of 37 FirstFirst ... 192122232425262728293031323334353637 LastLast

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •