Triggered by Russia’s annexation of Crimea and military intervention in Ukraine in early 2014, the governments of the United States (US) and the Russian Federation have since been locked in a geopolitical confrontation, which is largely playing out on the economic stage. In addition to unilateral economic sanctions, the US government is focussing on the export of liquefied natural gas (LNG). In doing so, it wants to reduce not only Russian state revenues, but also European dependence on Russian energy imports. In this context, the US policy is aimed squarely at the German federal government, which was described by President …read more
Source: German Institute for International and Security Affairs