Tuesday's World Events - October 23, 2018
1. For GERMANY, give the following information:
Find the answers at the CIA World FactBook website. For each country, answers can be found under the “Geography” “People” and “Government” headings.
2. For GERMANY:
a) list the who, what, where and when of the news item
b) What is the significance of this announcement for the U.S.?
c) Why is U.S. LNG 20% more expensive than Russian gas?
d) What argument did the Trump administration use when lobbying Germany to buy the more expensive LNG from the U.S.?
e) Mrs. Merkel said she didn’t think an LNG terminal would break even for at least a decade and would require long-term government support. A German government spokesman said the decision to fund a terminal was made in accordance with commercial interests and not U.S. pressure. What do you think - did the U.S. have anything to do with Germany’s decision? Explain your answer.