Authors: Barry Pavel, senior vice president and director of the Atlantic Council’s Scowcroft Center for Strategy and Security, Peter Engelke, deputy director and a senior fellow, Jeffrey Cimmino, associate director.
A full cut-off from Russian gas would cause gas rationing in early-2023, triggering a recession in the euro area. Only if overall gas consumption of households and firms can be reduced; and concerted action among EU members will help mitigate adverse effects of a cut-off of Russian gas.
Two of the largest euro area economies, Germany, and Italy, remain the most vulnerable.
Make America Great Again (MAGA) Republicans embrace anger, they thrive on chaos. They live not in the light of truth but in the shadow of lies. Trump and his followers are threatening the entire American experiment.
From the very beginning, perestroika had an overarching theme, a guiding idea that defined it at every stage and provided the framework for our thinking. Perestroika was meant for the people. Its goal was to emancipate the human being, to give people ownership of their lives and of their country.