Russia may cut off Europe's gas; sanctions will hold

Russia Will Cut All Gas To Europe By Winter | World In :60 | GZERO Media

Ian Bremmer shares his insights on global politics this week on World In :60.

Will Russia cutting gas sanctions to Europe lead to the EU lifting sanctions?

I don't see it. I've got to tell you, I do think that Russia will cut all of the gas to Europe by winter. It's where their leverage is, but let's keep in mind these are EU sanctions unanimously supported by all EU member states. That means that individual countries that don't like them don't suddenly break from the EU. Would have to come to that agreement. They're not going to. We've gone through seven rounds now. It's quite something. I do think you could see individual European countries start trying to pressure the Ukrainians to get to the negotiating table. Maybe even accept some loss of territory, which the Ukrainians will be very loathe to do. We'll watch that carefully. But the sanctions, the sanctions are not going away. They're not going away at all.

Does Russia purchasing arms from North Korea show that sanctions are working?

Well, I mean first, this is declassified information from the United States from the CIA, but I wouldn't yet say that we have hard evidence that it is definitely coming from North Korea. So this is a claim that's being made by the US government right now. But look, it's clear that the Russians are using armaments in the field that are very old and that are not working very well and are not up to snuff with what NATO is providing the Ukrainians right now. It's also clear that the Russians have been trying to get a lot of military support from China, and they failed because the Chinese do not want to be tarred with the same brush and the same sanctions brush. Go back to the last question, as the Russians have. Who does that leave? Rogue states like Iran and North Korea. So yeah, I definitely think it shows that sanctions are working.

What changes will the new Prime Minister Liz Truss bring to the United Kingdom?

Well I mean, in the early days, they are facing the worst economic challenges of the entire G7. They have not been engaged in stockpiling energy for the winter. They don't get any energy really from Russia at this point, but they're facing the same supply chain challenges and price challenges that all the other countries are, and they are not set up for. So she's going to put through a 100 billion pound deal to effectively reduce the costs on consumers right now that they're going to have to pay back. They're also planning on reducing corporate tax. I mean, it's a solidly pro-business agenda. Within the realm of the Conservative Party, not surprising in the UK, but the economics from a fiscal perspective are going to be very challenging indeed, with more money going to the people and less money coming into the corporate government coffers. You're going to see less government, but at a time when people are demanding more, government's going to be interesting to watch how that goes. The good news is that she's not going to be interested in pushing too hard on Northern Ireland right now. They don't need a big problem with the EU on top of everything else they're dealing with that. That gets kicked down the road at least a bit.

More from GZERO Media

Fulton County Superior Court Judge Robert McBurney ruled Tuesday that certifying elections is a required duty of county election boards in Georgia, and they’re not allowed to refuse to finalize results based on suspicions of miscounts or fraud.
TNS/ABACA via Reuters Connect

On Tuesday, a judge in Georgia blocked a new rule requiring that election ballots be hand-counted in the state, a change that allies of former President Donald Trump wanted. Opponents of the rule, which the Georgia State Election Board passed in September, said it would cause unnecessary delays in results and lead to avoidable electoral pandemonium.

The Media Viability Accelerator is a free web analytics platform built by Internews and Microsoft on Azure, funded by USAID and Microsoft's Democracy Forward initiative. Using Azure AI, the MVA harnesses the power of big data and machine learning to provide performance insights while ensuring that participants retain control over their data. Through the MVA, media outlets can access a multilingual tool that visualizes performance data and receive actionable insights to improve performance. Read more in Microsoft On the Issues’ latest newsletter.

Palestinians walk during the evacuation of the Jabalia refugee camp and the Sheikh Radwan and Abu Iskandar neighborhoods in the northern Gaza Strip on October 12, 2024.
Mahmoud Issa/Reuters

Israel launched a new offensive in northern Gaza earlier this month, making it even more difficult to get aid in, and the UN’s human rights office warns that the IDF “appears to be cutting off North Gaza completely.”

Prime Minister of Poland, Donald Tusk gestures while speaking during the weekly Ministerial meeting in Warsaw.
Marek Antoni Iwanczuk / SOPA Images via Reuters Connect

Polish Prime Minister Donald Tusk in recent days unilaterally suspended the right to asylum for migrants crossing into Poland from neighboring Belarus.

Andrei Belousov, Russia's Defence Minister, attends a meeting with Zhang Youxia, Vice Chairman of China's Central Military Commission, in Beijing, China, in this still image taken from video released on October 15, 2024.
Russian Defence Ministry/Handout via REUTERS

Russian Defense Minister Andrei Belousov met with China’s top civilian defense official Zhang Youxia on Tuesday in Beijing, where both sides pledged to “continue working closely” to deepen military relations.

Read: “The Empty Space,” by Peter Brook. In this thin volume, first published in 1968, famed director Peter Brook divides theater into its “Deadly,” “Holy,” “Rough,” and “Immediate” forms.

Turkish citizens disembark naval ship TCG Bayraktar carrying people evacuated from Lebanon upon their arrival at a port in Turkey's Mediterranean coastal province of Mersin, Turkey, October 10, 2024.
REUTERS/Umit Bektas

25: Over 25% of Lebanon is facing Israeli evacuation orders, which were expanded to include 20 villages on Tuesday.

Walmart is fueling American jobs and strengthening communities by investing in local businesses. Athletic Brewing landed a deal with Walmart in 2021. Since then, co-founders Bill Shufelt and John Walker have hired more than 200 employees and built a150,000-square-foot brewery in Milford, CT. Athletic Brewing is one of many US-based suppliers working with Walmart. By 2030, the retailer is estimated to support the creation of over 750,000 US jobs by investing an additional $350 billion in products made, grown, or assembled in America. Learn more about Walmart’s commitment to US manufacturing.

In this photo illustration, the Saudi Arabian Airlines (Saudia) logo seen displayed on a smartphone with an Artificial intelligence (AI) chip and symbol in the background.
(Photo by Budrul Chukrut / SOPA Images/Sipa USA)

Sir Edward Byrne, recently named the head of King Abdullah University of Science and Technology in Saudi Arabia, or KAUST, signaled that the institution will prioritize US technology and cut off ties with China if it jeopardizes its access to chips made in the US.