empty
 
 
US seeking allies to stop Nord Stream 2
30-09-2020 16:08
US seeking allies to stop Nord Stream 2
US seeking allies to stop Nord Stream 2

The US and Russia continue to clash over the future of the Nord Stream 2 project.  The US government is well aware that it needs powerful allies to stop the construction of the Nord Stream 2 pipeline. US Secretary of State Mike Pompeo added more fuel to the fire, saying that Washington was seeking to create a coalition of countries to block Nord Stream 2.

"The US believes the Nord Stream 2 pipeline creates a risk for Europe by becoming dependent on gas that's coming out of Russia and also threatens Ukraine, something I know many German people care deeply about," Pompeo said. "We hope the Nord Stream 2 pipeline won't be completed. We are working to make sure we build a coalition to prevent that from happening," he added.  He also argued that the situation with Russian blogger Alexey Navalny was unacceptable and it could not be ignored. According to German military doctors and experts from Sweden and France, Navalny was poisoned with a substance from the Novichok group of nerve agents. In response, Russia urged Berlin to use its own judgment on Nord Stream 2 and not bow to US pressure. "After the chemical weapons attack that took place here in Salisbury, along with our other allies, we pushed back, we punished Russia with important sanctions. We wanted the world to know that the use of chemical weapons is unacceptable and will not be tolerated by nations like ours who value the rule of law," Pompeo lashed out. He pointed out that the US would respond likewise if the investigation confirmed the poisoning of Navalny.

Currently, tensions around Nord Stream 2 are hitting up. Germany remains the only strong ally of Russia. However, the country is now in an extremely difficult position when it should choose between international laws and economic benefits. It seems that Germany is hesitating and the US is sure to take advantage of it. 

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS
Can't speak right now?
Ask your question in the chat.
Widget callback