In today’s Issue:
- Sabotage in the Baltic?
- We cannot rely on subsea cables
- Offshore wind is a kill switch for the UK
The submarine cable war is growing so obvious that even Bloomberg is beginning to ask questions. Their recent video about subsea cable sabotage is titled, “Is Russia Waging War Under the Seas?”
The latest cables to fall victim are telecommunications connections between Finland, Germany, Lithuania and Sweden. Not bad for two days’ work. Again, a Chinese vessel is at the centre of the story.
But the story is much bigger than financial markets have realised. In this video, Nick Hubble and John Butler explain what it could mean for your portfolio…
The Chinese may have sunk offshore wind forever.
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Until next time,
Nick Hubble
Editor, Fortune & Freedom