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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 422.21+1.9%4:00 PM EST

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To: TobagoJack who wrote (191443)9/2/2022 12:17:03 PM
From: maceng2  Read Replies (1) of 219261
 
The Ukraine war started in 2014 as far as I can see.

Regarding UK uprisings. Will have to see how things develop this winter. Bad news of any sort, weather, stock markets, anything, will make the Government susceptible to imploding. Hard to say which government is the weaker or more fragile. USA or UK. It will take just a smart move or two by a union leader or other anti establishment figure and the house of cards will collapse. That's when the real questions will need to be investigated and realistic answers provided. On sensing trouble I suspect lots of anti establishment movements will magically align and cause paradigm shift.

For better or worse? I have no idea.

Not sure all the business partners are happy campers on the recent LNG pipeline update.

I expect there will be consequences, no idea what those will be, as yet, either.

Shell to exit Russia's Sakhalin-2 LNG project empty-handed (NYSE:SHEL) | Seeking Alpha

Shell (NYSE: SHEL) will exit Russia's Sakhalin-2 liquefied natural gas project with nothing after President Putin officially transferred the facility to a new operating company, Bloomberg reported Thursday.

Shell had written off the $1.6B value of its 27.5% stake in Sakhalin-2 earlier this year.

The company has a contract to receive LNG cargoes from the facility, and is assessing "options in line with applicable legal requirements and agreements" as the venture is transferred to the new operator.

The other foreign participants in Sakhalin-2, Japan's Mitsui ( OTCPK:MITSY) and Mitsubishi ( OTCPK:MIELY) agreed this week to transfer their respective 12.5% and 10% stakes to the newly established company; Gazprom ( OTCPK:OGZPY), the remaining partner, holds 50% of the current operator.

Putin also has issued a decree that blocks Exxon Mobil from selling its interest in the Sakhalin-1 oil project until the end of the year.

Exxon reportedly has told Russian officials it will sue the federal government unless it allows the company to exit the project.
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