Germany’s economic miracle over the past few decades has been based on two major economic assumptions: cheap Russian energy and open access to an ever-growing Chinese market. Both premises have recently been proven wrong, thanks to the war in Ukraine and perceived Chinese threats to invade Taiwan.
Armelle Sandrin-Deforge, of counsel in Jones Day's Government Regulation Practice, focuses her practice on French, European, and international environmental law.
The European Commission has detailed out a $315 billion plan to wean itself of Russia's energy supply amid the uncertainties of Moscow's war on Ukraine. The situation comes as Poland and Bulgaria have been cut off after refusing Moscow's demand to pay for natural gas in rubles.
United States and G7 Partners Impose Severe Costs for Putin s War Against Ukraine miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.