Baltic Pipe Is Alternative Energy Source For Poland
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In an interview with the IMF, Piotr Naimski explains why the Baltic Pipe is important not only for Poland but for the whole of Europe.
In this article:
- Ant Group and NBA partnership
- Putin blames West
- The Baltic Pipe
Ant Group and NBA partnership
The NBA is one of the most popular cultural exports from the United States to China.
Chinese fintech giant Ant Group said on Tuesday that it had entered into a strategic partnership with the NBA in China. Fans in China would be able to access NBA video content on Alipay, the hugely popular payment app owned by Ant Group.
Collaboration with the Chinese business arm of the professional basketball league will also cover areas such as joint marketing campaigns and digital collectibles.
NBA, Ant Group launch strategic partnership in China https://t.co/3OPNvYdBAE pic.twitter.com/jWr7LUNjRz
— Reuters Business (@ReutersBiz) February 21, 2023
Putin blames West
Russia annexed Crimea in 2014 after a fraudulent referendum. The invasion was widely condemned by the international community and resulted in a series of Western sanctions against Russian officials.
On February 24, it will be a year since Russia launched a large-scale invasion of Ukraine, starting a ground war in Europe that Putin still calls a "special military operation." Putin on Tuesday discussed the Donbass, saying the Kremlin saw an increase in threats in the disputed region ahead of the February 24 invasion.
The US administration on Saturday formally concluded that Moscow had committed "crimes against humanity"
Russian President Vladimir Putin on Tuesday used a widely watched speech to deny responsibility for the war in Ukraine and attack his opponents.
In a speech lasting more than an hour, Putin stated that Russia was trying to let the citizens of the disputed region of Donbass speak their "own language" and was seeking a peaceful solution. He also cited NATO expansion and new European missile defense systems as provoking Russia
'They started the war': Russia's Putin blames West and Ukraine for provoking conflict https://t.co/deJPZ6uDji
— CNBC (@CNBC) February 21, 2023
The Baltic Pipe
The countries of Europe, and especially Eastern Europe, were largely dependent on Russia for energy. Russia's aggression against ukraine has caused tensions and the need for independence.
Although Poland has coal deposits, they want to leave for ecological reasons and decide to import other energy resources.
In order to become independent from Russia, Poland decided to supply supplies from Norway, and for this purpose, The Baltic Pipe was launched. The Baltic Pipe will have a capacity of 10 billion m3 per year. This is roughly half of the Polish demand and will replace 100 percent. Russian supplies.
This action is important because Poland will be free from hostile Russian gas manoeuvres. This is especially important today, when Europe has to face the Russian armament of hydrocarbon supplies.
.@PiotrNaimski, mastermind behind the Baltic Pipe, is on a mission to find alternative energy sources for Poland. Read his interview in F&D. https://t.co/DvqFkcjRyF pic.twitter.com/kVNC7490Km
— IMF (@IMFNews) February 21, 2023
