Putin's new gas squeeze condemns Europe to recession and a hard winter of rationing


Europe's descent into an economic contraction looks to have been confirmed with Russia squeezing natural gas supplies to the bloc and heavy industry facing tough rationing in the coming months.Just days after Europeans breathed a sigh of relief as Russian gas giant Gazprom announced that it would resume supplies through the Nord Stream 1 pipeline, it then announced Monday that flows would be reduc...

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