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Particular concerns being raised in some european countries about russia turning off the gas taps to them. the government has been stressing energy supply in the uk is ok and there will not be these situations but i think pressure will build on them about what they do more longer term to make us less vulnerable to some of these global gas price shocks. ione wells in westminster. in the last half hour malaysia s highest court has upheld a i2 yearjail sentence given to the former prime minister, najib razak, for corruption. the court rejected his final appeal, saying both his conviction and sentence were sound. mr najib was found guilty for his role in the imdb scandal, in which billions of dollars were stolen from a state owned development fund he established. he ll be the first malaysian leader to be jailed. britain s intelligence agencies are facing accusations that they tipped off the indian authorities about a british man who was later seized ....
Recession impact of the war, is what s going to happen in europe? with gas in particular, we re actually watching for what happens onjuly 22nd. the all important nord stream i pipeline which brings russian gas to europe, that is down for maintenance right now. i mean if they don t turn those gas taps back on and we have a cold winter, then you are talking about rationing, industrial curtailment and much higher utility prices for european consumers. it is essentially a perfect storm scenario. ....
Political tool cutting off the gas supplies to poland and bulgaria and also an attempt to lack mail them by turning off the gas taps. however both poland and bulgaria insist that this is not a problem and it probably isn t an immediate problem. the gas is still on the stones if you turn it on right now in poland. it is a significant challenge in the longer term, it is a significant challenge in the longerterm, because it is a significant challenge in the longer term, because in the case of poland, while it can source gas from alternative places, liquefied national gas or from tankers in qatar and the us and elsewhere what it is really relying on is a new pipeline which will deliver norwegian gas to poland and allow poland to completely replace russian ....
But we are where we are. the german chancellor scholz says that if germany was to cut off the taps the gas taps from russia tomorrow, hundreds of thousands of germans would be thrown out of work. do you really believe that is a politically viable option for a country like germany? let me stop you there. because you are the former boss of yukos energy. you were once arguably russia s richest energy oligarch. you know that sector better than anybody. if europe, in particular, stopped buying russian oil and gas, how quickly ....
The taps the gas taps from russia tomorrow, hundreds of thousands of germans would be thrown out of work. do you really believe that is a politically viable option for a country like germany? crosstalk. let me stop you there. because you are the former boss of yukos energy. you were once arguably russia s richest energy oligarch, you know that sector better than anybody. if europe, in particular, stopped buying russian oil and gas, how quickly would putin s war machine and the russian economy collapse? or at least no longer be able to function in the way it functions today? ....