➔ 
Résultats pour:
invasion
European and US oil and gas majors have made profits of more than a quarter of a trillion dollars since Russia invaded Ukraine, according to a new analysis by Global Witness marking two years since the conflict began. After posting record gains in 2022 off the back of soaring energy prices, the big five fossil fuel companies paid shareholders an unprecedented $111 billion in 2023. In the hottest year ever recorded, this figure is some 158 times what was pledged to vulnerable nations at last year’s COP28 climate summit.
Russia has nearly doubled its revenues from selling fossil fuels to the EU during the two months of war in Ukraine, benefiting from soaring prices even as volumes have been reduced.
The frightful noise of gunfire, bombing and children’s screams in the cities of Ukraine reverberates across Europe. The full-scale Russian invasion launched last week is an unprovoked, heinous crime perpetrated against Ukraine’s citizens, their sovereign democratic state and all the free peoples of the world. The 24th of February is a day that will live in infamy. It will not be forgiven. It will surely never be forgotten.
We must do what we can to contain Vladimir Putin’s aggression in Ukraine. But we also need to be clear-eyed about it, and face the costs. Economics can’t be separated from politics, and neither can be separated from history. Here are eight sobering realities:
Why do we always make the same mistake? Oh, that’s only trouble in the Balkans, we say – and then an assassination in Sarajevo sparks the first world war. Oh, Adolf Hitler’s threat to Czechoslovakia is “a quarrel in a faraway country, between people of whom we know nothing” – and then we find ourselves in the second world war. Oh, Joseph Stalin’s takeover of distant Poland after 1945 is none of our business – and soon enough we have the cold war. Now we have done it again, not waking up until it is too late to the full implications of Vladimir Putin’s seizure of Crimea in 2014. And so, on Thursday 24 February 2022, we stand here again, clothed in nothing but the shreds of our lost illusions.
