They are better off investing in Texas

NY Times:

In Reversal, Germany Cools to Russian Investment

After years of post-Cold War business and political alliances, mistrust over the conflict in Ukraine has created a slew of canceled deals and ventures.
The Germans are already looking to build manufacturing facilities in Texas to take advantage of low priced natural gas that will not be cut off for political reasons.   Russia is a poor investment at this time because their economy is in the tank and their political situation has become toxic for Europe.

Comments

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

29 % of companies say they are unlikely to keep insurance after Obamacare

Bin Laden's concern about Zarqawi's remains