The war in Ukraine is showing once more, how interconnected the global economies are and hence to what extent our lifestyle depends on what in democratic terms are unfriendly governments. Russia provides a substantial share of oil, gas and coal burnt in Europe, and hence the ‘special military operation’ against pro-western Ukraine poses a dilemma. […]
Tag: oil
Power outage
I never thought I would be writing something like this about a prosperous country such as Switzerland, but there we go: in future winters Switzerland may be running out of electricity. Because the framework agreement with the EU has failed (well, actually the Swiss government withdrew from the talks), Europe does not want to conclude […]