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Olduvai III: Catacylsm
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Germany Elevates Risk Level In Its “National Gas Emergency Plan” To Second-Highest “Alarm” Phase

Germany Elevates Risk Level In Its “National Gas Emergency Plan” To Second-Highest “Alarm” Phase European natural gas and power prices surged after Germany triggered the “alarm stage” of its NatGas-emergency plan amid reductions in supplies from Russia, according to Reuters. German Economy Minister Robert Habeck said Europe’s largest economy is in a severe energy crisis. He warned Germany […]

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Troika Offers Greece Third Bailout Program, Prepares Emergency Plan If No Deal

Troika Offers Greece Third Bailout Program, Prepares Emergency Plan If No Deal On the heels of Thursday’s failed Eurogroup meeting and heading into what is again being presented as an all or nothing, “Lehman weekend” for Greece and its creditors, reports suggest the troika has offered Greece a third bailout program: GREEK CREDITORS OFFER EU15.5B […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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