In this video I continue to look at the potential implications of the SANCTIONS against Russia.
NORD STREAM 2 is a 787 Mile long Natural Gas Pipeline from RUSSIA to GERMANY that took 10 YEARS to build and cost $11 BILLION. The Project was completed in September 2021 but after SANCTIONS were imposed on the company the busines is now heading for INSOLVENCY. TRADE CREDIT INSURANCE is vital to all Export & Import businesses and the Insurance market has just withdrawn ALL insurance for Russia which makes it impossible to conduct any trade. I also provide you with an update on Germany, Italy, OMV and the latest statement from the IMF.
For specific details please check out the CHAPTER list below.
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Chapters:
0:00 Intro
2:43 TRADE CREDIT INSURANCE
7:34 NORD STREAM 2
12:47 GERMANY & ITALY
16:32 OMV
18:18 IMF STATEMENT
19:16 SUMMARY & CONCLUSION
#UKRAINE
#RUSSIA
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3