Governments across Europe declared states of emergency and ordered factories to close as Russia cut all gas supplies through Ukraine yesterday in their worsening dispute over unpaid bills.

José Manuel Barroso, the European Commission President, accused the two countries of taking the EU’s energy supply “hostage” amid a cold snap across the Continent, and urged them to reopen the pipelines immediately.

Originally posted by xbranscombex
Looks like Russia is getting the attention they require.

They are like that annoying kid in elementary school that needs to have attention on himself or he throws rocks at the girls.


www.timesonline.co.uk
(visit the link for the full news article)

[edit on 8-1-2009 by xbranscombex]

Originally posted by ninthaxis
reply to post by xbranscombex

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How is this "giving them the attention they require?" If you don't pay the bills, the service gets cut off. Sure, the timing of the cutoff can be seen as Russia trying to tilt negotiations in its favor, but a merchant is allowed to raise the price of service as it sees fit. ESPECIALLY if it has a monopoly on that service. That is why it is important to not rely on one supplier to provide what you need just as investors must diversify their portfolio to help protect against loss in one industry.