A local official confirmed to Swiss radio that the company behind the Nord Stream 2 has filed for bankruptcy and fired all of its employees. It matters because the project was seen as a Kremlin influence project that would increase Europe's energy dependence on Russia. Get market news that is relevant to you. You can subscribe for free. The certification of the $11 billion natural gas line would be suspended last Tuesday after Putin ordered Russian troops into eastern Ukraine. The gas was not flowing yet. The death blow to a project that had caused major headaches for President Biden and the trans-Atlantic alliance was dealt by the U.S. withdrawing sanctions waivers onNord Stream 2 AG and its corporate officers. The company had to end contracts with employees because of the recent developments. We very much regret this development, and we are a wholly owned subsidiary of Russia. Even as the West and private companies have moved to fully isolate Russia over its unprovoked attack on Ukraine, the chairman of the board ofNord Stream 2 AG has yet to do so. The office staff quit in protest. Putin's war may herald a new energy era. Get the latest market trends with Axios Markets. You can subscribe for free. Two sources familiar with the situation said that the Swiss-based company which built the Nord Stream 2 gas line from Russia to Germany is considering filing for insolvency as it attempts to settle claims ahead of a U.S. sanctions deadline. A wave of economic sanctions by the West was triggered by Russia's recognition of two separate regions in eastern Ukraine, which led to the United States sanctioning the company. The $11 billion project to double the capacity to pump gas from Russia to Germany was completed last year. The need to ramp up renewable energy supplies in the wake of Russia's attack on Ukraine will be the focus of talks between Germany's vice chancellor and US officials in Washington. Coal, oil and gas are some of the energy Germany gets from Russia. The invasion of Ukraine last week was strongly condemned by Berlin, which joined other Western nations in imposing sanctions against Russia. Few know that Amazon has millions of Prime subscribers. It is suggested that China will be playing a role in finding a truce between Russia and Ukraine. A majority of European Parliament representatives voted to accept Ukraine, with 637 in favor, 13 against, and 26 abstaining. Mexico won't impose economic sanctions on Russia over its invasion of Ukraine, said President Andrs Lpez Obrador on Tuesday. Enjoy this stunning graphics and deep game-play. Robert Person is an Associate Professor of International Relations at the U.S. Military Academy and he joined Yahoo Finance Live to discuss the objectives of Russian President Putin, the ceasefire negotiations with Ukrainian President Zelenskyy, and potential support from EU and NATO if the conflict escalates. Off-market listings are frowned upon by the largest realtor's association and are a legal grey area in California. New York elites do not care. Alexander Lukashenko may have shared Russia's plan of attack for Ukraine. A high-interest account allows you to earn compound interest, while still having full access to your money. These are the top picks. When President Joe Biden addresses the nation Tuesday night during his first State of the Union speech, political observers say he needs to strike a balance between the country's progress and its ongoing pain. According to the White House, Biden will discuss household finance problems during his Tuesday night talk. According to a White House fact sheet, the president will lay out specific, practical measures that would reduce costs for families. The executive director of the Ukrainian Anti-Corruption Action Center called out Johnson for failing to live up to the Budapest Memorandum on Security Assurances. Nuclear powers including the U.S., the U.K. and the Russian Federation promised to protect the territorial integrity of the three countries. The new information was included in a new round of committee subpoenas. The Minivan is easy to use. In style! A senior US defense official told reporters that Russia's troops are running out of food and fuel. Major Western companies are trying to ditch their investments in Russia as the country is stepping up its defense of its financial system. Almost all of the patients who needed ECMO, but didn't receive it, died in the hospital, despite being young with few other health issues. The best movies show societies in a state of suffering or injustice. An Asian American journalist in Seattle has been the target of threats on social media due to his coverage of the city's homelessness crisis. Jonathan Choe, who reports for KOMO News, has been leading a weekly segment called "Project Seattle," which reveals the expanse of the city's issue of homelessness and attempts to hold leaders and public officials accountable. The homeless crisis in Seattle and the region will be spotlighted by komonews, holding our leaders and public officials accountable. According to CNBC, at least two more super-yachts owned by Russian billionaires are bound for the Maldives. The amount of the reward depends on how much is used for the military resistance. They saw that it worked. Almost every house in the neighborhood has it. I get a lot of thanks for my method. Jamie Dimon told investors to brace for a lot of volatility and that the SWIFT sanctions throw up a number of problems. The pilots of Ukraine are in Poland. Poland is not commenting. The power was cut off in one of the largest cities in the country after it was bombarded.Axios
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