- cross-posted to:
- worldnews@lemmygrad.ml
- news@hexbear.net
- cross-posted to:
- worldnews@lemmygrad.ml
- news@hexbear.net
The article notes that the refusal of direct purchase of Russian gas seriously hit the competitiveness of industrial enterprises in Europe due to a sharp jump in energy prices.
According to the economist, Europe may lose the industrial technological race to the United States, since the United States has already become more profitable for businessmen, even taking into account the relocation of production.
French manufacturers have been moving to Morocco. I hope this accelerates.
Algeria is now the second largest supplier of natural gas to Europe.
All in all, good news. Not for Europe though.
wealth flowing out of Europe and towards the Global South is a beautiful thing