Advertisement
Canada markets open in 4 hours 43 minutes
  • S&P/TSX

    21,885.38
    +11.66 (+0.05%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • CAD/USD

    0.7334
    +0.0010 (+0.14%)
     
  • CRUDE OIL

    83.78
    +0.21 (+0.25%)
     
  • Bitcoin CAD

    87,884.76
    +811.52 (+0.93%)
     
  • CMC Crypto 200

    1,389.15
    -7.38 (-0.53%)
     
  • GOLD FUTURES

    2,359.80
    +17.30 (+0.74%)
     
  • RUSSELL 2000

    1,981.12
    -14.31 (-0.72%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • NASDAQ futures

    17,743.75
    +176.25 (+1.00%)
     
  • VOLATILITY

    15.51
    +0.14 (+0.91%)
     
  • FTSE

    8,108.17
    +29.31 (+0.36%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • CAD/EUR

    0.6819
    -0.0002 (-0.03%)
     

Biden: Nord Stream 2 pipeline is a 'bad deal' for Europe

U.S. Vice President Joe Biden delivers a speech in Riga, Latvia, August 23, 2016. REUTERS/Ints Kalnins (Reuters)

STOCKHOLM (Reuters) - U.S. Vice President Joe Biden said on Thursday the United States believed the Nord Stream 2 pipeline involving Russia and several European energy companies was a "bad deal" for Europe. Russia's Gazprom and its European partners agreed the project, which will run across the Baltic Sea to Germany, last year. But many eastern European countries and the United States have said the pipeline could limit supply routes and the energy security of the European Union, which gets a third of its gas from Russia. Biden made his comments during a news conference in Sweden. (Reporting by Jeff Mason and Simon Johnson; Editing by Richard Balmforth)