Russia’s Lavrov says Nord Stream 2 will be launched despite sanctions

Russian Foreign Minister Sergei Lavrov said on Sunday that the Nord Stream 2 and Turk Stream gas pipeline projects would be launched despite U.S. sanctions, adding that Russia planned to respond to the new measures, the Interfax news agency reported. U.S. President Donald Trump signed a bill on Friday that included legislation imposing sanctions on firms laying pipe for Nord Stream 2, which seeks to double gas capacity along the northern Nord Stream pipeline route to Germany.


Russian Foreign Minister Sergei Lavrov said on Sunday that the Nord Stream 2 and Turk Stream gas pipeline projects would be launched despite U.S. sanctions, adding that Russia planned to respond to the new measures, the Interfax news agency reported.
U.S. President Donald Trump signed a bill on Friday that included legislation imposing sanctions on firms laying pipe for Nord Stream 2, which seeks to double gas capacity along the northern Nord Stream pipeline route to Germany.
Russia’s Lavrov says Nord Stream 2 will be launched despite sanctions Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-22
Keywords: news, cnbc, companies, sergei, stream, lavrov, russias, trump, despite, nord, gas, launched, turk, seeks, sanctions, pipeline, signed


Russia's Lavrov says Nord Stream 2 will be launched despite sanctions

Russian Foreign Minister Sergei Lavrov said on Sunday that the Nord Stream 2 and Turk Stream gas pipeline projects would be launched despite U.S. sanctions, adding that Russia planned to respond to the new measures, the Interfax news agency reported.

U.S. President Donald Trump signed a bill on Friday that included legislation imposing sanctions on firms laying pipe for Nord Stream 2, which seeks to double gas capacity along the northern Nord Stream pipeline route to Germany.


Company: cnbc, Activity: cnbc, Date: 2019-12-22
Keywords: news, cnbc, companies, sergei, stream, lavrov, russias, trump, despite, nord, gas, launched, turk, seeks, sanctions, pipeline, signed


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

US greenlights sanctions on mega Russia-EU gas pipeline, but it’s probably too late

The Senate voted overwhelmingly to pass the multi-billion dollar billion defense policy bill, formally known as the National Defense Authorization Act (NDAA), on Tuesday. SanctionsThe defense bill says that no later than 60 days after it’s enacted, a report should be filed to congressional committees identifying vessels that are “engaged in pipe-laying” for Nord Stream 2. Race against timeThe U.S. sanctions would not have mattered at all if Nord Stream 2 had been completed on time. A worker is s


The Senate voted overwhelmingly to pass the multi-billion dollar billion defense policy bill, formally known as the National Defense Authorization Act (NDAA), on Tuesday.
SanctionsThe defense bill says that no later than 60 days after it’s enacted, a report should be filed to congressional committees identifying vessels that are “engaged in pipe-laying” for Nord Stream 2.
Race against timeThe U.S. sanctions would not have mattered at all if Nord Stream 2 had been completed on time.
A worker is s
US greenlights sanctions on mega Russia-EU gas pipeline, but it’s probably too late Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-18  Authors: holly ellyatt
Keywords: news, cnbc, companies, russiaeu, bill, probably, mega, sea, greenlights, defense, late, gas, stream, pipeline, nord, week, project, ndaa, sanctions


US greenlights sanctions on mega Russia-EU gas pipeline, but it's probably too late

On a platform at the pipeline laying ship “Castoro 10” off the southeast tip of the island of Rügen, experts are working on the connection of two pipeline sections of the Baltic Sea natural gas pipeline Nord Stream 2. picture alliance

The U.S. Senate has approved a defense bill that will see sanctions imposed on companies working on Russia’s massive flagship gas pipeline project to Germany — but the sanctions might not have much effect given that the Nord Stream 2 pipeline is almost complete. The Senate voted overwhelmingly to pass the multi-billion dollar billion defense policy bill, formally known as the National Defense Authorization Act (NDAA), on Tuesday. The NDAA covers a broad range of defense policy and military spending. The annually-set NDAA is also significant for Europe’s energy scene, however, as the 2020 bill also contains provisions to impose sanctions on companies installing deep sea pipelines for Russia’s $10.5 billion Nord Stream 2 (NS2) gas pipeline linking Russia and Germany (via the Baltic Sea). The pipeline is Russia-led, under the aegis of the country’s state-owned energy giant Gazprom, but has been part-financed by several European energy companies, including Shell, OMV and Engie. The TurkStream project which stretches from Russia to Turkey, and estimated to cost around $12 billion, was also mentioned in the defense bill but the pipeline is set to launch early January so sanctions would be ineffectual.

Sanctions

The defense bill says that no later than 60 days after it’s enacted, a report should be filed to congressional committees identifying vessels that are “engaged in pipe-laying” for Nord Stream 2. Individuals who are identified as being involved in the projects could also have U.S. visas revoked and see transactions related to U.S. property blocked, although the bill allows a 30-day period for individuals to “wind-down” their operations in the project. The NDAA, which also greenlights the creation of a U.S. Space Force and paid parental leave for federal employees, was approved by the House of Representatives last week. It will now be sent to President Donald Trump to be signed into law; he signalled last week he would do so without delay. Germany’s Foreign Minister Heiko Maas has joined Russian criticism of the sanctions, saying last week that “European energy policy must be decided in Europe, not the U.S.” while Russian foreign Minister Sergei Lavrov said last week that “I assure you that neither Nord Stream 2 nor TurkStream will stop” because of U.S. sanctions.

Race against time

The U.S. sanctions would not have mattered at all if Nord Stream 2 had been completed on time. However, the project was subject to months of delays because Denmark was hesitant about the pipeline traversing through its territorial waters before it finally granted a permit for the project at the end of October. The decision was seen as removing a last hurdle to the completion of NS2, and a blow to U.S. efforts to stymie the project. But the delay caused by Denmark’s procrastination means that U.S. sanctions, if targeted quickly, could impact several specialist companies involved in pipe-laying for the project — although there is not much of the route left to complete. Nord Stream 2 was tight-lipped about the possible impact of U.S. sanctions on the project’s contractors, telling CNBC in a statement Wednesday that it is “aware of the ongoing legislative procedure in the U.S. and the political debates. We cannot comment on any implications for our project.”

A worker is standing at the construction site of the Nord Stream 2 Baltic Sea pipeline. picture alliance

NS2 would not provide direct comment on when it expected the pipeline to be completed, or how much more of the route was yet to complete but in November, Russia’s deputy prime minister told reporters that the pipeline was expected to launch in mid-2020. At the end of October, Nord Stream 2 said the pipeline was 87% complete, or 2,100 kilometers long (the total of both Nord Stream 2 and its parallel predecessor pipeline, Nord Stream), so it’s estimated that the pipeline is currently 90% complete.

Controversial pipelines


Company: cnbc, Activity: cnbc, Date: 2019-12-18  Authors: holly ellyatt
Keywords: news, cnbc, companies, russiaeu, bill, probably, mega, sea, greenlights, defense, late, gas, stream, pipeline, nord, week, project, ndaa, sanctions


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Merkel rules out retaliation after US sanctions Russian gas pipeline

Chancellor Angela Merkel said on Wednesday Germany would not retaliate against a decision by the United States to impose sanctions on companies building the Nord Stream 2 gas pipeline. The U.S. Senate on Tuesday passed legislation to impose sanctions on firms constructing the underwater pipeline to bring Russian natural gas to Germany. “I see no other way than to hold talks to make clear that we don’t approve of it,” Merkel said, condemning the extraterritorial nature of the sanctions. The Nord


Chancellor Angela Merkel said on Wednesday Germany would not retaliate against a decision by the United States to impose sanctions on companies building the Nord Stream 2 gas pipeline.
The U.S. Senate on Tuesday passed legislation to impose sanctions on firms constructing the underwater pipeline to bring Russian natural gas to Germany.
“I see no other way than to hold talks to make clear that we don’t approve of it,” Merkel said, condemning the extraterritorial nature of the sanctions.
The Nord
Merkel rules out retaliation after US sanctions Russian gas pipeline Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-18
Keywords: news, cnbc, companies, sanctions, russian, pipeline, impose, germany, retaliation, gas, merkel, project, stream, nord, rules


Merkel rules out retaliation after US sanctions Russian gas pipeline

Chancellor Angela Merkel said on Wednesday Germany would not retaliate against a decision by the United States to impose sanctions on companies building the Nord Stream 2 gas pipeline.

The U.S. Senate on Tuesday passed legislation to impose sanctions on firms constructing the underwater pipeline to bring Russian natural gas to Germany. It was uncertain whether the measures would slow completion of the project.

“I see no other way than to hold talks to make clear that we don’t approve of it,” Merkel said, condemning the extraterritorial nature of the sanctions.

The Nord Stream 2 pipeline, which is backed by Russia’s Gazprom, would allow Russia to bypass Poland and Ukraine to deliver gas under the Baltic Sea to Germany.

The U.S. government fears the project will increase European dependence on Russian energy.

Gazprom is funding half of the 9.5 billion euros ($10.5 billion) pipeline costs, while the rest is borne by Wintershall Dea, OMV, Engie, Shell and German utility Uniper.

Even though the financiers have so far not been the target of sanctions, Uniper CEO Andreas Schierenbeck said he was taking the issue very seriously.

“If sanctions should affect us – which is currently not the case and we do not have any indication for such – we’ll have to look at the potential business impact,” he told Reuters.

“I don’t know how far sanctions can cripple the project.”


Company: cnbc, Activity: cnbc, Date: 2019-12-18
Keywords: news, cnbc, companies, sanctions, russian, pipeline, impose, germany, retaliation, gas, merkel, project, stream, nord, rules


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Ukraine and Russia look to strike new gas deal amid US sanctions threat

Workers during the production process of pipes at the Nord Stream 2 facility at Mukran on Ruegen Islandon in Sassnitz, Germany. Essentially, Gazprom has been constrained to fall back on its Ukraine transit route, and to strike a new or extended deal with Naftogaz amid strained commercial and geopolitical relations. The dealWary of being locked into a long deal, Gazprom has offered Ukraine’s Naftogaz a one-year gas transit deal to continue the transit of Russian gas. As such, any delay to NS2 wou


Workers during the production process of pipes at the Nord Stream 2 facility at Mukran on Ruegen Islandon in Sassnitz, Germany.
Essentially, Gazprom has been constrained to fall back on its Ukraine transit route, and to strike a new or extended deal with Naftogaz amid strained commercial and geopolitical relations.
The dealWary of being locked into a long deal, Gazprom has offered Ukraine’s Naftogaz a one-year gas transit deal to continue the transit of Russian gas.
As such, any delay to NS2 wou
Ukraine and Russia look to strike new gas deal amid US sanctions threat Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-16  Authors: holly ellyatt
Keywords: news, cnbc, companies, ukraine, strike, stream, look, threat, deal, amid, russia, gazprom, gas, transit, nord, sanctions, europe


Ukraine and Russia look to strike new gas deal amid US sanctions threat

Workers during the production process of pipes at the Nord Stream 2 facility at Mukran on Ruegen Islandon in Sassnitz, Germany. Carsten Koall | Getty Images

Geopolitical tensions between Russia and Ukraine, a U.S. challenge to Russia’s dominance in European energy markets and incomplete gas pipelines are just some of the issues complicating a gas transit deal between Kiev And Moscow’s energy giants that needs to be signed before the end of 2019. Ukraine and Russia are involved in an unresolved territorial conflict that has run for over five years but on the energy front, in the meantime, Russian gas has still traveled through its main route of Ukraine to reach Europe. But maybe not for that much longer. A 10-year gas transit deal that has kept Europe supplied with Russian gas is about to expire on December 31 and while talks are taking place to strike a new deal between Gazprom and Naftogaz, Russia and Ukraine’s respective state-owned oil and gas firms, an agreement has not yet been reached. Having to strike a new deal is inconvenient for Gazprom, as it was hoping that its multi-billion dollar grand gas pipeline project to Germany, called Nord Stream 2 (NS2), would be completed by now, meaning that it could bypass its current pipeline route to Europe that goes through Ukraine.. NS2 is estimated to cost around 9.5 billion euros ($10.59 billion) with several European companies, including Anglo-Dutch Shell and French firm Engie, co-financing the project. However, Nord Stream 2 was expected to launch in mid-2020 but may be delayed now because of likely U.S. sanctions on companies involved in the project as part of its annual defense bill (the 2020 National Defense Authorization Act, which specifies U.S. defense policy and budget). Essentially, Gazprom has been constrained to fall back on its Ukraine transit route, and to strike a new or extended deal with Naftogaz amid strained commercial and geopolitical relations.

The deal

Wary of being locked into a long deal, Gazprom has offered Ukraine’s Naftogaz a one-year gas transit deal to continue the transit of Russian gas. Ukraine wants a longer contract, however, in order to guarantee supply to its consumers. The relationship between Gazprom and Naftogaz is strained with several high-profile legal disputes over the gas contract, debts and transit tariffs, taking place between the two entities. In fact, Gazprom had said earlier this year that it would not agree a new transit deal with Naftogaz unless legal cases between the parties were resolved. Yet, they need each other. State-owned Naftogaz (and thus Ukraine) earns $3 billion a year from the transit fees of Russian gas through its country. Thus, once Nord Stream 2 comes online Ukraine will be bypassed and will lose that revenue, hence it has an interest in maintaining the current transit agreement as long as possible. As such, any delay to NS2 would help strengthen Ukraine’s hand in ongoing talks with Gazprom for a new gas transit deal. Ukraine has said it would like another 10-year transit contract.

Nord Stream 2 pipes are loaded onto a vessel in the northern German port of Mukran for transshipment to a storage yard. Nord Stream 2 | Axel Schmidt

Russia, meanwhile, needs to maintain its market position, and reliability, as a gas supplier to Europe, particularly in the face of competition from the U.S. for Europe’s gas market and a desire to keep Europe on side to some extent – particularly as it is still subject to sanctions. Experts believe a deal will be reached, but not before some hard bargaining on both sides. “The Naftogaz/Gazprom dispute is complicated by the fact that it involves corporate issues between both companies as well as the political conflict between Russia and Ukraine,” Daragh McDowell, head of Europe and Central Asia at Verisk Maplecroft, told CNBC Thursday. “In addition to settling the corporate dispute, both state-owned corporations are wary of giving the other side a geopolitical ‘win.’ This incentivises both sides to adopt maximalist positions and hold out until the last minute to achieve a deal, both to get the best possible deal and to convince domestic constituencies that they drove as hard a bargain as possible,” McDowell added. S&P Global Platts noted in its 2020 Energy Outlook, published last week, that a deal is looking more likely, given the recent peace talks between President Putin and President Zelensky. Furthermore, “Ukraine has agreed that Gazprom can repay its arbitration debt through the supply of gas, easing tensions around repayment,” it noted.

Pressures on the deal

Aside from the legal tensions between Gazprom and Naftogaz, any potential new deal or extension of the existing agreement comes against a wider backdrop of continuing fraught relations between Russia and Ukraine despite a recent attempt at peace talks. Relations between the neighbors collapsed in 2014 following Moscow’s annexation of Crimea from Ukraine, and its role in in a pro-Russian uprising in the eastern Donbass region around the same time. European (and international) sanctions were placed on Russia for its actions and the lifting of these is tied to Russia’s implementation of a peace deal with Ukraine, known as the Minsk agreements. However, five years on (and despite a recent extension to sanctions in September) and there is notable sanctions fatigue in Europe regards to restrictions on Russia. France, among others, has called for the EU to ease sanctions on Moscow and Germany’s Nord Stream 2 project has given the EU (or at the very least Germany) another reason to normalize relations with Russia. But the U.S. has been watching the construction of NS2 and TurkStream with concern. It sees the pipelines as a way for Russia to cement further its dominance in the natural gas market. Russia was the largest supplier of natural gas to the EU both in 2018 and 2019 (only first trimester data is available), according to Eurostat. In 2018, just over 40% of EU imports of natural gas came from Russia, followed by Norway (at around 35%).

US on the hunt

But the U.S. is challenging Russia’s market share too, with EU data showed that U.S. liquefied natural gas exports had risen 272% between April 2016 and July 2018. The U.S. appears ready to attack further when it comes to the gas market with it looking likely that the U.S. Congress will approve sanctions on companies involved in the construction of Nord Stream 2 and TurkStream. Many lawmakers in the U.S. sees the pipelines as a way for Moscow to spread what they see as a malign influence in Europe, and one aimed at undermining the energy security of NATO members. On Friday, the U.S. House of Representatives approved the 2020 National Defense Authorization Act (NDAA) in which sanctions would be imposed on the pipeline projects. The Republican-controlled U.S. Senate will now have to vote on the bill (slated for this week) and then it would have to be signed into law by President Donald Trump. Washington says the measures will reduce Russia’s grip on EU energy markets and Ukrainian officials have welcomed the proposed sanctions. Other European officials (and, understandably, especially those in Germany) reject the sanctions, saying the U.S. just wants to advance its own commercial interests. Last Thursday Germany’s Foreign Minister Heiko Maas tweeted that “European energy policy is decided in Europe, not in the United States” and rejected “foreign interference” and “extraterritorial sanctions” being considered by the U.S.

Russian Foreign Minister Sergei Lavrov Sergei Karpukhin | Reuters


Company: cnbc, Activity: cnbc, Date: 2019-12-16  Authors: holly ellyatt
Keywords: news, cnbc, companies, ukraine, strike, stream, look, threat, deal, amid, russia, gazprom, gas, transit, nord, sanctions, europe


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Google Stadia shows the future of gaming without expensive consoles, but it has serious problems at launch

GoogleGoogle Stadia, the company’s new streaming game service, launches Tuesday, just ahead of the busy holiday season for video games. They’re not cheap, though Google offers slight discounts through Stadia if you pay for the Stadia Pro subscription. The Stadia controller. It also stinks that while support is eventually coming for iPhone and more Android devices, you have to own a Pixel 2, Pixel 3, Pixel 3a or Pixel 4 to play Stadia on a phone. Should you sign up for Google Stadia?


GoogleGoogle Stadia, the company’s new streaming game service, launches Tuesday, just ahead of the busy holiday season for video games.
They’re not cheap, though Google offers slight discounts through Stadia if you pay for the Stadia Pro subscription.
The Stadia controller.
It also stinks that while support is eventually coming for iPhone and more Android devices, you have to own a Pixel 2, Pixel 3, Pixel 3a or Pixel 4 to play Stadia on a phone.
Should you sign up for Google Stadia?
Google Stadia shows the future of gaming without expensive consoles, but it has serious problems at launch Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-18  Authors: todd haselton
Keywords: news, cnbc, companies, games, problems, gaming, launch, play, pixel, serious, stream, game, future, controller, shows, able, stadia, google, consoles, expensive, streaming


Google Stadia shows the future of gaming without expensive consoles, but it has serious problems at launch

You can play on Pixel phones, Chrome browsers and your TV with Stadia. Google

Google Stadia, the company’s new streaming game service, launches Tuesday, just ahead of the busy holiday season for video games. I’ve been testing it for the past week and it’s a look at the future of gaming where people don’t own expensive consoles, but instead stream them from the cloud. It works well, but I’m not convinced that Google is going to be the biggest player. Sony PlayStation now has launched and lets you stream to PCs and to a PS4, while Microsoft Project xCloud is in public beta testing and lets you stream to Android devices. Microsoft’s will launch for all sometime in 2020. Unlike those, however, Stadia works in any Chrome browser, select Pixel Android phones and Google’s Chromecast Ultra. You pay Google $9.99 a month (a free service with lower-resolution graphics is coming later) to render and run those games in the cloud, and then stream them down to whatever device you want to play on. To be clear, this isn’t a “Netflix of games.” Instead, you need to buy each game individually, often at full price or a slight discount from the retail version. And, at launch, there are only 22 to pick from, many of them old, though it at least includes popular hits like Rockstar’s “Red Dead Redemption 2” and Bungie’s (aging) “Destiny 2.” For $129, you get the Google Stadia controller, a Chromecast Ultra for playing on your TV, and three months of Stadia Pro, which lets you stream in 4K and play select games for free with your subscription. Here’s what it’s like.

What’s good

Playing Red Dead Redemption 2 in the Chrome browser on a MacBook Pro. Todd Haselton | CNBC

I was able to stream two of my favorite games from Google’s selection, “Destiny 2” (which I hadn’t played before now) and “Red Dead Redemption 2,” in high resolution and with max graphics right to a Chrome web browser on a MacBook Pro, and to the app on a Pixel 3a and Chromecast Ultra Google loaned me for the test. That wasn’t possible before Stadia, and it’s pretty incredible. To get these sort of graphics before, you either needed to shell out around $300-$400 for a console, or about $1,000 for a gaming computer. Once you’ve installed the app and chosen a user name, you can start to buy games. They’re not cheap, though Google offers slight discounts through Stadia if you pay for the Stadia Pro subscription. A free version of the service offers up to 1080p streaming of the games you purchase instead of 4K, but it doesn’t include free games or discounts. That’s what was the most fun here: I loved being able to launch Stadia and jump into a game into seconds, no matter if I was playing on a Pixel phone, a laptop or my TV. I didn’t have to sit around and wait for hours of game updates, as I do on my PS4, since everything is done in Google’s cloud and games are always ready to play.

Playing Destiny 2 on a Pixel 3a. Todd Haselton | CNBC

I have very fast internet connection at home, so the games were really crisp and fluid most of the time. It felt, generally, like I was playing on a regular console. But every now and again, I’d be reminded I was streaming when the graphics in a game dropped to a lower quality, or if the game just unexpectedly quit. That doesn’t happen often on an Xbox or a PS4, and it’s bad news if you’re trying to finish a level or fight someone in a multiplayer game. The controller is really comfortable to hold over long periods of time and has good battery life. That’s important, since it’s the only way to control the games you’re playing. The button layout is different, but it was just as comfortable and really similar to the Nintendo Switch Pro controller. Setup between devices was usually pretty easy. I just turned the controller on and plugged it into either the Pixel 3a or computer I was using. Google says the controller will eventually work wirelessly with phones as it does with the Chromecast Ultra.

The Stadia controller. Google

The Stadia software is also good. There’s a friends list that shows your buddies who are online, and I liked that I could see a list of names of people I had recently played with in case I wanted to add them. But lots of features aren’t live yet. You can’t, for example, add friends to start a group party as you can on an Xbox One or PS4. That’s coming later. Finally, you can see why this might be really fun when 5G eventually launches broadly. With a fast internet connection on your phone everywhere, you might soon be able to stream high-quality games to your phone no matter where you are, whether it’s from Google, Sony or Microsoft. That’s exciting.

What’s bad

The $129 kit includes a controller and a Chromecast Ultra. Google

I have some really serious concerns about Stadia. First, even though there are 22 titles available now, with more coming, it’s hard to predict whether Google will be able to continue to attract publishers to launch their new games on Stadia, or at the same time the games launch on PC, Xbox or PS4. My guess is that’ll likely depend on how many people actually sign up and play. If you’re spending $129 and investing in a monthly service, you kind of hope you’ll be able to play most new games, which is pretty much a guarantee on other systems. And you don’t own any sort of physical copy of the game. So you lose everything if Google decides to shut down Stadia or if you cancel your subscription. This is true with Xbox and Sony and on PCs, too, if you rely on streaming services there, but it’s highly unlikely any of those will just shut down.

Some of the games I have in Stadia. Todd Haselton | CNBC

There’s an entire website dedicated to projects killed by Google, including 156 services, 18 apps and 16 hardware projects. I hate to recommend Stadia if it just ends up in this graveyard a couple of years from now after people have spent hundreds of dollars on games and the subscription. I wasn’t able to play with friends either. I could jump into multiplayer matches in “Destiny 2” and play with strangers, but the option to group up and use voice chat with friends I’d added in the Stadia app wasn’t functional. Neither were lots of other things that were promised but are either coming at launch or later. For example, you can’t upload video clips of your gaming sessions to YouTube and the Google Assistant button doesn’t work right now. I know that I was among a small population testing Stadia over the past week or so, but here’s a warning: If lots of people don’t end up signing up for Stadia, online games are going to be pretty lonely. I tried playing “Red Dead Redemption 2” and pairing with people in “Destiny 2,” but often found that there weren’t enough people to join me on missions or raids.

Expect to see this screen a lot if people don’t sign up. Todd Haselton | CNBC

Only during a test with Google and Bungie employees online were there enough people. If nobody buys Stadia, you might not be able to finish or even play missions that require multiple participants. It also stinks that while support is eventually coming for iPhone and more Android devices, you have to own a Pixel 2, Pixel 3, Pixel 3a or Pixel 4 to play Stadia on a phone. Right now, the Stadia app that you can download for iPhone and other Android phones just lets you manage and buy games. At least you can play in Chrome on most computers or on a Chromecast Ultra on your TV. Also, you need a relatively good internet connection (at least 35 Mbps) to play in 4K. Your broadband connection probably can handle this, but hotel rooms and Wi-Fi in coffee shops sometimes have very slow internet, so you’ll probably want to switch down to 1080p or 720p when you’re there. Google notes that 4K streaming will consume about 20 GB per hour. If your cable provider has an internet cap, you might want to use the “balanced” option, which cuts data usage down to 4.5 GB per hour by streaming games at a lower resolution. You only need to pay for Stadia Pro if you plan to stream in 4K and want a couple of free games. If you want to save data or don’t have a fast internet connection, don’t pay $9.99/month for the premium version.

Should you sign up for Google Stadia?

Stadia data center where it runs games in the cloud. Google


Company: cnbc, Activity: cnbc, Date: 2019-11-18  Authors: todd haselton
Keywords: news, cnbc, companies, games, problems, gaming, launch, play, pixel, serious, stream, game, future, controller, shows, able, stadia, google, consoles, expensive, streaming


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

A contentious Russian-led gas pipeline in Europe will soon exist — Here’s why it matters

“We are pleased to have obtained Denmark’s consent to construct the Nord Stream 2 Pipeline,” Samira Kiefer Andersson, a Nord Stream 2 official, said in a statement on Wednesday. The route of a proposed new gas pipeline from Russia to Europe. Nord Stream 2 says the pipeline “benefits all of Europe, including millions of consumers in terms of lower energy prices.” I would be surprised if the U.S. does not roll out sanctions on things related to Nord Stream. Nord Stream 2 pipes are loaded onto a ve


“We are pleased to have obtained Denmark’s consent to construct the Nord Stream 2 Pipeline,” Samira Kiefer Andersson, a Nord Stream 2 official, said in a statement on Wednesday.
The route of a proposed new gas pipeline from Russia to Europe.
Nord Stream 2 says the pipeline “benefits all of Europe, including millions of consumers in terms of lower energy prices.”
I would be surprised if the U.S. does not roll out sanctions on things related to Nord Stream.
Nord Stream 2 pipes are loaded onto a ve
A contentious Russian-led gas pipeline in Europe will soon exist — Here’s why it matters Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-31  Authors: sam meredith
Keywords: news, cnbc, companies, pipeline, heres, matters, project, nord, contentious, russia, soon, gas, energy, germany, denmarks, europe, russianled, stream, exist


A contentious Russian-led gas pipeline in Europe will soon exist — Here's why it matters

Two pipeline inspection gauge (PIG) traps were installed at Nord Stream 2’s PIG receiving station in Lubmin at the end of July / early August. Special heavy transport equipment brought the traps to northern Germany. They are nearly 20 meters long and weigh about 60 tonnes each. (Image from Nord Stream 2). Nord Stream 2 | Paul Langrock

The construction of a disputed natural gas pipeline in Europe will be completed within months, analysts told CNBC Thursday, despite fierce opposition from the U.S. and division in the European Union. After months of delays, Denmark’s energy agency announced Wednesday that it had given the green light to allow Nord Stream 2 — an undersea pipeline that will allow Russia to bypass Ukraine when delivering gas to Europe — to build its pipes in Danish waters. The decision comes as a blow to U.S. efforts to prevent the completion of the Russian-led project, after repeated warnings it will increase European dependence on Russian energy. “We are pleased to have obtained Denmark’s consent to construct the Nord Stream 2 Pipeline,” Samira Kiefer Andersson, a Nord Stream 2 official, said in a statement on Wednesday. “We will continue the constructive cooperation with Danish authorities to complete the construction of the pipeline,” Andersson added. Nord Stream 2 is a pipeline currently under construction from Russia to Germany via the Baltic Sea.

The route of a proposed new gas pipeline from Russia to Europe. nord-stream2.com

The new pipeline will run alongside the already constructed Nord Stream and will double the amount of gas being funneled through the Baltics to 110 billion cubic meters per year. Estimated to become operational in early 2020, the pipeline is projected to cost 9.5 billion euros ($10.5 billion). Nord Stream 2 says the pipeline “benefits all of Europe, including millions of consumers in terms of lower energy prices.” But, many are skeptical about the purely economic reasoning attributed to the project. Earlier this year, U.S. authorities threatened sanctions against companies that take part in the pipeline, although there has been no sign the White House will follow through.

‘Tremendous mistake’

In June, President Donald Trump warned Germany was making a “tremendous mistake” by relying on the pipeline, warning the project “really makes Germany a hostage to Russia.” The U.S. strongly believes Nord Stream 2 threatens the energy and national security of its European allies because it increases Russia’s control over the region’s energy supply. The White House is also believed to be keeping all options on the table as the pipeline nears completion. “The project is very politically sensitive because of the way it pits Europe’s economic interests against Europe’s broader geopolitical and strategic interests,” Kristine Berzina, a senior fellow at the German Marshall Fund in Brussels, told CNBC via telephone.

I would be surprised if the U.S. does not roll out sanctions on things related to Nord Stream. Timothy Ash Senior emerging markets strategist at Bluebay Asset Management

It is not just the U.S. that has expressed opposition to Nord Stream 2. Poland, Latvia and Lithuania — all of which share a border with Russia — are publicly opposed to the project, as well as France. When asked whether this week’s developments represented the last major hurdle for the Russian-led pipeline: Berzina replied: “Yes. This was the piece of the pipeline that had not been laid under the Baltic Sea.” “Effectively, the pipeline will soon exist.”

Political battleground

With 28 countries and a combined population of around 512 million people, the EU is something of a prized market — and political battleground — for the world’s largest energy exporters, particularly when it comes to natural gas. Russian President Vladimir Putin welcomed the approval by Denmark’s energy agency on Wednesday, before adding that the pipeline was in Europe’s interests. However, less than 24 hours after Denmark’s decision, Ukrainian President Volodymyr Zelenskiy said the move would weaken Europe and strengthen Russia.

Nord Stream 2 pipes are loaded onto a vessel in the northern German port of Mukran for transshipment to a storage yard. Nord Stream 2 | Axel Schmidt


Company: cnbc, Activity: cnbc, Date: 2019-10-31  Authors: sam meredith
Keywords: news, cnbc, companies, pipeline, heres, matters, project, nord, contentious, russia, soon, gas, energy, germany, denmarks, europe, russianled, stream, exist


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Zuckerberg testimony begins: ‘I actually don’t know if libra is going to work’

Facebook CEO Mark Zuckerberg is appearing before the House Financial Services Committee on Wednesday to discuss his plans for the new cryptocurrency Libra. Zuckerberg’s testimony follows the July congressional hearing of David Marcus, the executive in charge of Facebook’s libra project, in which lawmakers said they were disappointed with his vague answers. In his prepared opening remarks, Zuckerberg spends much of his time discussing Facebook’s civil rights plans, diversity record and how the co


Facebook CEO Mark Zuckerberg is appearing before the House Financial Services Committee on Wednesday to discuss his plans for the new cryptocurrency Libra.
Zuckerberg’s testimony follows the July congressional hearing of David Marcus, the executive in charge of Facebook’s libra project, in which lawmakers said they were disappointed with his vague answers.
In his prepared opening remarks, Zuckerberg spends much of his time discussing Facebook’s civil rights plans, diversity record and how the co
Zuckerberg testimony begins: ‘I actually don’t know if libra is going to work’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-23  Authors: william feuer
Keywords: news, cnbc, companies, know, youtube, libra, vague, project, begins, zuckerberg, work, plans, dont, stream, facebooks, hearing, testimony, going, actually


Zuckerberg testimony begins: 'I actually don't know if libra is going to work'

Facebook CEO Mark Zuckerberg is appearing before the House Financial Services Committee on Wednesday to discuss his plans for the new cryptocurrency Libra.

Zuckerberg’s testimony follows the July congressional hearing of David Marcus, the executive in charge of Facebook’s libra project, in which lawmakers said they were disappointed with his vague answers.

In his prepared opening remarks, Zuckerberg spends much of his time discussing Facebook’s civil rights plans, diversity record and how the company’s libra project will bolster national security. He will then field questions from members of the committee.

Watch a stream of the hearing on YouTube here.


Company: cnbc, Activity: cnbc, Date: 2019-10-23  Authors: william feuer
Keywords: news, cnbc, companies, know, youtube, libra, vague, project, begins, zuckerberg, work, plans, dont, stream, facebooks, hearing, testimony, going, actually


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Watch JP Morgan’s Jamie Dimon and Morgan Stanley’s James Gorman speak in Washington

[The stream is slated to start at 12:45 p.m., ET. Please refresh the page if you do not see a player above at that time.] James Gorman, CEO of Morgan Stanley, and J.P. Morgan Chase CEO Jamie Dimon were set to speak Friday at an event organized by the Institute of International Finance in Washington, D.C.Their comments came after both banks posted better-than-expected earnings earlier in the week. J.P. Morgan Chase shares hit an all-time high after the banking giant released its results. Morgan S


[The stream is slated to start at 12:45 p.m., ET.
Please refresh the page if you do not see a player above at that time.]
James Gorman, CEO of Morgan Stanley, and J.P. Morgan Chase CEO Jamie Dimon were set to speak Friday at an event organized by the Institute of International Finance in Washington, D.C.Their comments came after both banks posted better-than-expected earnings earlier in the week.
J.P. Morgan Chase shares hit an all-time high after the banking giant released its results.
Morgan S
Watch JP Morgan’s Jamie Dimon and Morgan Stanley’s James Gorman speak in Washington Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-18  Authors: fred imbert
Keywords: news, cnbc, companies, timejames, jamie, earnings, stanleys, washington, speak, gorman, stock, ceo, weekjp, stream, morgan, youtube, chase, morgans, james, watch


Watch JP Morgan's Jamie Dimon and Morgan Stanley's James Gorman speak in Washington

[The stream is slated to start at 12:45 p.m., ET. Please refresh the page if you do not see a player above at that time.]

James Gorman, CEO of Morgan Stanley, and J.P. Morgan Chase CEO Jamie Dimon were set to speak Friday at an event organized by the Institute of International Finance in Washington, D.C.

Their comments came after both banks posted better-than-expected earnings earlier in the week.

J.P. Morgan Chase shares hit an all-time high after the banking giant released its results. Morgan Stanley’s stock also got an earnings boost.

Subscribe to CNBC on YouTube.


Company: cnbc, Activity: cnbc, Date: 2019-10-18  Authors: fred imbert
Keywords: news, cnbc, companies, timejames, jamie, earnings, stanleys, washington, speak, gorman, stock, ceo, weekjp, stream, morgan, youtube, chase, morgans, james, watch


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Blizzard strips pro gamer of tournament earnings after his support for Hong Kong protests

Activision Blizzard suspended a professional player from an esports tournament and stripped him of his earnings after he made a statement over the weekend in support of protests in Hong Kong. In a post-match interview on the Taiwanese stream of Blizzard Entertainment game Hearthstone, Chung “Blitzchung” Ng Wai wore a gas mask and goggles and appeared to shout a slogan often associated with Hong Kong protesters: “Liberate Hong Kong, revolution of our time.” On Saturday, a ban on face masks went i


Activision Blizzard suspended a professional player from an esports tournament and stripped him of his earnings after he made a statement over the weekend in support of protests in Hong Kong. In a post-match interview on the Taiwanese stream of Blizzard Entertainment game Hearthstone, Chung “Blitzchung” Ng Wai wore a gas mask and goggles and appeared to shout a slogan often associated with Hong Kong protesters: “Liberate Hong Kong, revolution of our time.” On Saturday, a ban on face masks went i
Blizzard strips pro gamer of tournament earnings after his support for Hong Kong protests Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-09  Authors: eustance huang
Keywords: news, cnbc, companies, protests, taken, strips, kong, hong, chung, support, stream, pro, earnings, inven, esports, statement, tournament, global, blizzard, gamer


Blizzard strips pro gamer of tournament earnings after his support for Hong Kong protests

Activision Blizzard suspended a professional player from an esports tournament and stripped him of his earnings after he made a statement over the weekend in support of protests in Hong Kong.

In a post-match interview on the Taiwanese stream of Blizzard Entertainment game Hearthstone, Chung “Blitzchung” Ng Wai wore a gas mask and goggles and appeared to shout a slogan often associated with Hong Kong protesters: “Liberate Hong Kong, revolution of our time.”

On Saturday, a ban on face masks went into effect after Hong Kong leader Carrie Lam invoked emergency powers. The global financial center has been slammed with four months of protests, which periodically degenerated into violence. The destruction of property and infrastructure has taken a toll on the embattled city and its trade-reliant economy, which has already taken a hit from the ongoing U.S.-China tariff fight.

In a statement to esports blog Inven Global, Chung said that the incident “was just another form of participation of the protest that I wish to grab more attention.”

“I know what my action on stream means. It could cause me lot of trouble, even my personal safety in real life. But I think it’s my duty to say something about the issue,” Chung said in a statement to Inven Global.


Company: cnbc, Activity: cnbc, Date: 2019-10-09  Authors: eustance huang
Keywords: news, cnbc, companies, protests, taken, strips, kong, hong, chung, support, stream, pro, earnings, inven, esports, statement, tournament, global, blizzard, gamer


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Elon Musk says Teslas will soon be able to stream Netflix and YouTube

SpaceX owner and Tesla CEO Elon Musk reacts during a conversation at the E3 gaming convention in Los Angeles, June 13, 2019. Tesla owners may be able to stream video from YouTube and Netflix on their car’s touchscreen display. CEO Elon Musk said on Twitter this weekend that the company will “soon” enable video streaming on the in-car display. Earlier this month, two consumer advocacy groups called on the Federal Trade Commission and the California Department of Motor Vehicles to investigate Tesl


SpaceX owner and Tesla CEO Elon Musk reacts during a conversation at the E3 gaming convention in Los Angeles, June 13, 2019. Tesla owners may be able to stream video from YouTube and Netflix on their car’s touchscreen display. CEO Elon Musk said on Twitter this weekend that the company will “soon” enable video streaming on the in-car display. Earlier this month, two consumer advocacy groups called on the Federal Trade Commission and the California Department of Motor Vehicles to investigate Tesl
Elon Musk says Teslas will soon be able to stream Netflix and YouTube Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-29  Authors: annie palmer
Keywords: news, cnbc, companies, autopilot, soon, video, tesla, cars, netflix, regulators, teslas, stream, youtube, selfdriving, musk, able, elon


Elon Musk says Teslas will soon be able to stream Netflix and YouTube

SpaceX owner and Tesla CEO Elon Musk reacts during a conversation at the E3 gaming convention in Los Angeles, June 13, 2019.

Tesla owners may be able to stream video from YouTube and Netflix on their car’s touchscreen display.

CEO Elon Musk said on Twitter this weekend that the company will “soon” enable video streaming on the in-car display. He added that the streaming feature could arrive as soon as August, but could slip to a few months after that.

Drivers will only be able to play videos while their car is parked, similar to how Tesla owners can play video games on the car’s center screen. Musk said that could change if regulators give the green light to full self-driving technology.

“When full self-driving is approved by regulators, we will enable video while moving,” Musk said in a tweet.

Netflix declined to comment. YouTube parent company Google did not immediately respond to requests for comment.

Musk has promised to deliver the company’s advanced driver assistance system, called Autopilot, to hundreds of thousands of cars this year. In April, he said he’s “very confident” Tesla will have autonomous robotaxis on the roads by 2020. Autopilot currently enables self-driving on highways.

But it’s unlikely that regulators will approve the technology anytime soon. Earlier this month, two consumer advocacy groups called on the Federal Trade Commission and the California Department of Motor Vehicles to investigate Tesla’s Autopilot technology.

Additionally, there have been at least three fatal crashes involving Tesla’s Autopilot system.


Company: cnbc, Activity: cnbc, Date: 2019-07-29  Authors: annie palmer
Keywords: news, cnbc, companies, autopilot, soon, video, tesla, cars, netflix, regulators, teslas, stream, youtube, selfdriving, musk, able, elon


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post