Monday, February 7, 2022

A Data Point

The Daily Mail (U.K.) reports President Biden today renewed his pledge that, should a Russian invasion of Ukraine occur, the NordStream 2 pipeline would not go into operation. That pipeline is designed to bring additional Russian natural gas to Germany while earning Russia much needed foreign exchange.

Interestingly, DM also reports the words of German Chancellor Olaf Scholz.

"We're acting together," the German chancellor said. "We're absolutely united and we will not take different steps. We will do the same steps."

Scholz did not however mention the pipeline in his remarks.