GasLog Ltd. Common Shares (GLOG) Social Stream
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$GLOG I wonder if the buyers of GLOG had any idea about the item below in the NY Post. Downstream I would speculate that it might impact shipments at least to Germany and possibly other distribution within Europe. Seems like it would impact GLOG's business, anyone knowledgeable care to weigh in.Walt81, published May 21, 2021
The Biden administration will soon waive sanctions on the Russian-owned corporation behind construction of a controversial natural gas pipeline linking Russia and Germany, according to a new report.
Axios, citing two sources briefed on the decision, said that the State Department will acknowledge to Congress that the company, Switzerland-based Nord Stream 2 AG, and CEO Matthias Warnig are engaged in sanctionable activity. However, the report adds, the department will not apply the sanctions due to US national interests.
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How will this affect the market? $GLOG in Downtrend: its price may decline as a result of having broken its higher Bollinger Band on April 28, 2021. View odds for this and other indicators: https://srnk.us/go/2737606tickeron, published May 15, 2021