Ukraine update: Russia’s leverage over Europe has disintegrated even faster than its army
Back in August, Bloomberg carried a piece titled “welcome to Europe’s dark, cold winter.” It warned that even if countries were able to find gas to fill their storage facilities, it might not prevent a winter filled with blackouts, business closures, and an economy in freefall. That’s because prices were soaring and “replenishing storage and reducing demand still may not be enough.


























