JRL NEWSWATCH: “Europe accuses U.S. of profiting from war; EU officials attack Joe Biden over sky-high gas prices, weapons sales and trade as Vladimir Putin’s war threatens to destroy Western unity.” – Politico
“… Top European officials are furious with Joe Biden’s administration … accus[ing] … Americans of making a fortune from the war, while EU countries suffer. … The biggest point of tension [recently]… has been Biden’s green subsidies and taxes that Brussels says unfairly tilt trade away from the EU and threaten to destroy European industries. Despite formal [European] objections … Washington has … shown no sign of backing down. … [D]isruption caused by Putin’s invasion of Ukraine is tipping European economies into recession, with inflation rocketing and a devastating squeeze on energy supplies threatening [winter] blackouts and rationing …. [A]ttempt[ing] to reduce … reliance on Russian energy, EU countries are turning to [U.S.] gas … but the price Europeans pay is almost four times … [what] the same fuel costs in America. Then there’s the likely surge in orders for American-made military kit as European armies run short after sending weapons to Ukraine. …”