Energy Costs hit EU

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Petrol & Oil impacting the business systems , especially in the EU. The Russian invasion is affecting companies and their overheads. The EU is expected to take a big hit. Germany is likely to struggle to contain the Economic issues. Big software companies in the EU are facing high risk profiles, the most notable issue is whether the conversion to a green economy will be fluid. The issue impacts the food inputs. The EU needs food supply stable to keep its operations running. The IP of the EU is its greatest asset.The major EU cities compete for the highest grade of output. This is now at risk. The spread of the Ukraine war will ferment instability in the region. This it is believed is to force a transfer of the IP to China and BRICS. Thus Russias Putin wished to collapse the EU and its top dog status in global trade.

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