Socialist correspondent

Podcast 75 - Sanctions on Russia, Germany in trouble


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The sanctions imposed at the behest of the United States have hit European economies hard, particularly the German economy. It is not only gas supplies that are affected, sanctions on Russia will also impact heavily on its key automotive industry. The severe blow to Germany’s economy will weaken its dominance of the EU and strengthen the influence and control of the US in Europe. Ironically China’s car industry may well be the beneficiary of these sanctions on Russia. The war in Ukraine is reshaping the world in more ways than one.
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