ENB Pub Note: This is an interesting article from Business Insider. Considering the US 2024 elections, global migrations of illegals, and the wars already in play, we are not sure how any geopolitical issues will play out and what the impact will be on energy. However, we will know sooner rather than later. Several timelines are running concurrently. The WEF has said that there will be devastating events with global internet and grid failures as countries are falling out of their political grip, the world’s largest oil and gas companies are pushing back on Net Zero, and even the wind and solar companies are not able to get the funding they need to connect to the grid.
If Russia and NATO enter into an expanded war, nobody wins except the US war machine manufacturing companies. If Russia and NATO don’t go to war, the world wins. I would like to see the war in Ukraine end, and people start buying low-cost Russian Natural Gas again. Make no mistake, I do not approve of any wars started by Putin and think that they are bad, but I would be happy if people signed treaties and got back to business.
Business Insider
- Russia is ramping up its preparations for a “large-scale” war with NATO, a US think tank says.
- The ISW says Russian efforts at reviving its economy aren’t just about fighting Ukraine.
- Instead, Russia could be readying itself for a war with NATO that may occur sooner than expected.
Russian President Vladimir Putin ‘s focus on reviving the Russian economy isn’t just about funding the country’s war on Ukraine, the Institute for the Study of War says.
“Several Russian financial, economic, and military indicators suggest that Russia is preparing for a large-scale conventional conflict with NATO, not imminently but likely on a shorter timeline than what some Western analysts have initially posited,” the ISW wrote in a report on Wednesday.
The think tank cited a meeting Putin held with the Russian Duma on Tuesday, just days after the Russian leader claimed a landslide victory in his fifth presidential election on Sunday.
During the meeting, Putin discussed the areas he wanted to focus on in his fifth presidential term. The most important thing, Putin told lawmakers, was about “saving people” and “helping out families.”
“All this can be done, of course, only on the basis of economic development,” Putin said on Tuesday. “This is a key issue for our country’s development, on which all other issues of technological sovereignty and social development must be resolved.”
Putin also took shots at the nation’s wealthy elite , urging lawmakers not to be guided by “corporate or even party interests.”
The ISW said Putin’s remarks suggested he was willing to risk his ties with the “siloviki,” the wealthy ex-security officials who have been a part of his political base. The think tank said this was perhaps Putin’s signal to Russia’s elite that they’d have to feel “some pain” for Russia’s financial stability.
“Putin’s attempts to set conditions to stabilize Russia’s economy and finances are most likely part of Russian financial and domestic preparations for a potential future large-scale conflict with NATO and not just for a protracted war in Ukraine,” the ISW added in its report.
This isn’t the first time analysts have said a war between Russia and NATO could be imminent .
Estonia’s foreign-intelligence service said in a report last month that Russia was preparing for a “confrontation with the West.”
“Russia has chosen a path which is a long-term confrontation,” the agency’s chief, Kaupo Rosin, told journalists at the report’s launch, according to Reuters . “The Kremlin is probably anticipating a possible conflict with NATO within the next decade or so.”
Representatives for Russia’s defense ministry didn’t immediately respond to a request for comment from Business Insider sent outside regular business hours.
Read the original article on Business Insider
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