Categories

World Politics

Tools

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


    Ottawa Shooter Idenfitied As Canadian National Michael Zehaf Bibeau, Whose Passport Was Recently Seized
    It’s Becoming Like A Gang Initiation
    Arab Spring: The Gift That Keeps On Giving
    Countries That Hate Their Government Most
    The Islamic Evil That Is ISIS Was Spawned In Saudi Arabia
    Another Failed Drug War: 10 Years And $7 Billion Couldn’t Kill Afghan Opium
    ISIS Claims It Hit U.S. Embassy In Baghdad’s Green Zone
    How To Start A War, And Lose An Empire
    Pakistan Sentences Christian Mom Asia Bibi to Death for “Blasphemy” Over a Cup of Water
    Rewriting The Berlin Wall
    The U.S. Is Aiding ISIS With Taxpayer Money
    Hong Kong Chief: Can’t Have Democracy Or The Poor Will Have A Say
    Snow-Plow Driver In Total CEO Plane Crash Was Drunk, Investigators Say
    A Caliph In A Wilderness Of Mirrors
    “Either You’re The Butcher… Or The Cattle”


    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.

    Obama Who?
    Voters With GOP On Key Issues, But Hold Favorable View Of Democrats
    Behind The Scenes, U.S. Officials Fret About ISIS Attacks On Homeland
    Obama Claims Executive Privilege For Eric Holder’s Wife, Mother In Fast And Furious Lawsuit
    Coburn Releases His Final Government Wastebook
    What Evidence Is There That QE Works?
    Burst Chinese Housing Bubble Leads To First Annual Price Decline Since 2012; Prices Drop In Record 69 Cities
    Van Hoisington And The Fed’s Bubble: “Overtrading” And “Discredit” Always End In “Revulsion”
    A Furious Albert Edwards Lashes Out At Central Bankers: “Will These Morons Ever Learn?”
    “It’s Very Extreme” – Drought & Drug Cartels Drain California’s Aquifers At Record Rate
    3 Things Worth Thinking About
    This Is Horrifying
    California Requires All Health Plans To Cover Abortion
    Out Of Ignorance Or Out Of Spite?
    White House Pretends That Not Trusting Them On Immigration Is Crazy-Talk
    Moral Equivalence
    The White House Gaslights America On Immigration
    Stagnating Euro Zone Seeks German Shift
    Asia Economic Growth To Languish As China Slows
    Three Major Nations Absent As China Launches World Bank Rival In Asia
    Why Madrid’s Poor Fear Goldman Sachs And Blackstone
    Port Squeeze Threatens U.S. Retailers’ Holiday Stocking Plans
    Specter Of No-inflation World Looms Over Fed’s Return To Normal
    Fed Lays Out Scenarios For 2015 Bank Stress Tests
    Lockheed, Pentagon Reach $4 Billion Deal For More F-35 Jets
    The USA PATRIOT Act Is Anything But Patriotic
    Is Ebola Or Obama More Toxic To America?
    As The NSA Scandal Matures, Outrage Fizzles Into Business As Usual
    No Wonder Democratic Candidates Are Fleeing The Obamas: The First Family Doesn’t Know Anything About Them
    Mainstream Media Downplays Voter Outrage As Midterm Elections Approach
    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.