Categories

World Politics

Tools

  • Economy & Politics
  • Investing
  • Personal Finance
  • Related Posts


    Israel Destroys Hamas Media Broadcast Outlets In Massive Explosion
    On Washington’s Ukrainian Fiasco: “Who Is The Real Problem Here?”
    Ukraine Army Takes Bloomberg Reporter Hostage: Fascinating Report Ensues
    You Know Iraq’s Bad When…
    Are The Philippines Worth Fighting For?
    A $50 Billion Bill For Putin’s Aggression
    U.N. Says MH-17 Downing ‘May Be War Crime’; Russia Responds Photos Of Ukraine Shelling Are Fake
    The Chinese Vs Japanese Navy Head To Head: An Infographic
    Ukrainian Fighter Jets Were With Malaysian Flight 17 When It Was Shot Down
    China Expands Live-Fire Gulf Of Tonkin Drill; Warns Of Massive Flight Disruptions
    Export Import Bank Subsidizes Russian Companies Under US Sanctions
    Russian Involvement In Ukraine Deepens
    China Is Using Its Immense Commercial Fishing Fleet As A Surrogate Navy
    The Diplomatic Battle Between China And Japan Is Taking A Latin American Road Trip
    Europe Unveils Preliminary Sanctions Against Russia


    Did Putin Just Announce That He Is Annexing Eastern Ukraine?

    First you grab city hall ...

    In recent weeks, Russian president Vladimir Putin has been pretty clear about his Ukraine strategy. He annexed Crimea, he said, because were it not for a sentimental gesture by Nikita Khrushchev, the region would have remained part of Russia, as it historically had been. He was simply righting a historical misstep, he said.

    But with eastern Ukraine, Putin’s critics have said, he had a harder case for a territorial claim. Until today. In his marathon news conference, Putin repeatedly called a broad swathe of eastern Ukraine “New Russia.” He said it was part of Russia proper during the Czarist era, but was inexplicably plopped into Ukraine not long after the 1917 Bolshevik revolution. In his words, as transcribed by the New York Times:

    The question is to ensure the rights and interests of the Russian southeast. It’s New Russia. Kharkiv, Lugansk, Donetsk, Odessa were not part of Ukraine in Czarist times. They were transferred in 1920. Why? God knows. Then for various reasons these areas were gone, and the people stayed there. We need to encourage them to find a solution.

    Putin also directly accused Kyiv of “grave crimes,” lines that seemed framed as added justification for action in eastern Ukraine. He said:

    Instead of realizing that there is something wrong with the Ukrainian government and attempting dialogue, they made more threats of force. … This is another very grave crime by Kyiv’s current leaders.

    The remarks followed a deadly clash today in the Black Sea port of Mariupol, where three pro-Russian fighters were killed and 13 reported wounded when they attacked a Ukrainian National Guard base.

    So is annexation now inevitable? While Putin certainly created the justification for it today, he might not mean to use it. He could be simply applying pressure on US, EU, and Ukrainian diplomats, who at the same time were in Geneva carrying on talks with their Russian counterparts over Ukraine’s future. Putin favors a federalization of Ukraine, in which the regions closest to Russia could have quasi-independent economic and foreign policies tailored to Moscow’s liking. Kyiv has been open to more autonomy but has refused it thus far to the extent described by Putin.

    Nonetheless, Putin’s veiled threat of annexation is not an empty one. Though absorbing eastern Ukraine would be no small feat given its size and mixed Russian-Ukrainian population, he would not necessarily require an invasion by the estimated 40,000 Russian troops currently deployed on the Ukraine border. As Kyiv has watched all-but-helplessly in recent weeks, uprisings have seized government buildings across the region without any overt Russian meddling. Donetsk, Kharkiv, Slovyansk, Horlivka, and cities elsewhere have demanded referendums with, among other potential questions, the right to join Russia. Donetsk has scheduled its referendum for May 11, two weeks before Ukraine’s scheduled presidential election. Thus, relying on the Crimea operation as an example, a new annexation could take place before or right around the election on May 25.

    Both the US and Europe have repeatedly called a Russian attack or annexation of eastern Ukraine a red line. But companies including the energy giants BP and Eni that do much business in Russia are lobbying (paywall) for a muted western reaction to Putin. Putin is banking that such self-interested western caution will continue.

    Click to read the full story

    Discuss this Story:

    Comment Policy: We encourage open discussion. Comments including racist statements, profanity, name calling or spam will be removed at our discretion. We use filters for spam protection. If your comment does not appear it is likely because it violates the policy.

    Photos Emerge Of 10 ‘Active Militia Teams’ Securing The U.S.-Mexico Border
    Asset Forfeiture: How To Steal Americans’ Hard-Earned Cash With Zero Repercussions
    Is This China’s QE?
    Mass Incarceration: 21 Amazing Facts About America’s Obsession With Prison
    Most Transparent Insider Trading Congress Ever Tells SEC To Shove It
    China Brands Beat Global Rivals With Tea Toothpaste & Pickled Plums
    Geopolitics And Markets
    Border Patrol Finally Detains Some Minors At Border
    Hillary Clinton Invokes George W. Bush To Distance Herself From Obama Administration
    Professors Compare Silicon Valley’s Labor Shortage Myth, Labor Surplus Reality
    For Lenders, Gaps In Federal Law Make Suing Soldiers Easy
    Insta-Loophole: In Florida, High-Cost Lender Skirts The Law
    Under Water: The EPA’s Struggle To Combat Pollution
    Obama Has Time To Rise, Or Fall
    Ryan’s Anti-Poverty Plan Sure Can’t Hurt
    By Lew’s Logic, All Tax Breaks Are Unpatriotic
    Tea Party Versus Chamber In The Bayou
    Paul Ryan’s Critics Miss The Big Picture
    Compassionate Conservatism: Still Dead
    Apocalypse Preview: Chinese River Turns Blood-Red
    China’s Storm: 2016
    Gary Shilling: ‘Q2 GDP Was Closer To 1 Percent Than To 3 Percent. It Could Even Be A Negative Number’
    America’s Lost Decade: Typical Household Wealth Has Plunged 36 Percent Since 2003
    Can The U.S. Go Bankrupt?
    Audit Reveals Huge Security Gaps In USDA Data Network
    Justin Amash Versus The Chamber Of Commerce
    Philly Doctor Lee Silverman Shoots Murderer At ‘Gun-Free’ Hospital
    Why Have A Bill Of Rights?
    Here’s What Automakers Have To Gain From Connecting Cars To The Internet
    Here Is How Salaries Of Indian And US CEOs Stack Up, Adjusted For Purchasing Power
    Read more from Economy & Politics...

    Liberty Investor Digest

    Get today's most important
    financial headlines all in
    one place by email!



    Sources


    close[X]

    Sign Up For Liberty Investor Digest™!

    Get Liberty Investor Digest FREE By Email!

    Input your name and email address in the fields below and get today's most important financial headlines sent straight to you inbox!

    Privacy PolicyYou can opt-out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.