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This article is based on the research by Francesca Totolo, which appeared on lucadonadel.it
In 1988 George Soros bought a participation in Société Générale, the French banking colossus privatized the previous year. The value of the stock of the bank would see a quick, significant increase that resulted in the French judicial opening an investigation for insider trading. George Soros joined the list of the people investigated in 1993 and finally in 2002 he was awarded 2.2€ million by the French court.
Unsatisfied with the judgment, George Soros appealed to the European Court of Human Rights in 2006; the final sentence arrived in 2011, the ECHR ruled against the billionaire.
The US announces a set of far-reaching sanctions against European companies that are doing business with Russia. These sanctions forced American jurisdiction on Europe, and is an attack on the sovereignty of European countries. These sanctions will have consequences for European companies, citizens and politics because European countries import 25% of their, 30% of their oil and 35% of their gas from Russia. The announced measures are the beginning of a trade war, Germany’s Minister for Economic Affairs Brigitte Zyries warned. In the Gefira (subscriber’s version) we already warned that a trade war is broadly supported by the US establishment.
On July 26, 2017, the House of Representatives accepted the bill that imposes new sanctions on Russia. Earlier, on June 15 that same year, Senate almost unanimously passed the new act, which forbids cooperation with Russia in the field of natural gas and crude oil extraction technologies and is thus aimed at not only Russian but also Western companies which cooperate with the former, and these include Gazprom, British-Dutch Royal Dutch Shell, German Uniper, Austrian OMV, French Engie (dawne GDF Suez), German Wintershall, all of which participate in the Nord Stream 2 project and again Gazprom, Wintershall, Engie as well as German E.ON and Dutch Gasunie, which are engaged in the earlier Nord Stream. The same measures will threaten the Zohr gas field project in Egypt (where Rosnieft has 30%, Italian ENI 60% , and British BP 10% shares), the development of the Sakhalin liquefied gas plant (Gazprom and Schell), the Blue Stream trans-Black Sea gas pipeline project from Russia to Turkey (ENI and Gazpromu) and the project of building the LNG terminal in the Gulf of Finland (Gazprom and Shell), as well as the project of importing to the European Union the Shah Deniz natural gas field in Azerbaijan (Lukoil and BP).The stakes are high.