The cease-fire is officially holding, though there have been bursts of fighting all weekend. Meanwhile, Russia still appears to be funneling arms to the rebels.
After breaking the ceasefire due to increased activity from the separatists, Ukrainian President Petro Poroshenko calls on the EU to turn up the heat on Putin. But don’t hold your breath….
The EU may start using the prospect of hydrocarbon imports from North America as leverage in the conflict over the Crimea. The economic dynamism of the American people often rescues us from our worst global blunders.
The entire Washington establishment, from intelligence analysts to journalists, was until very recently predicting that Putin wouldn’t be sending troops into Ukraine. Will this crisis rip the blinders off?
It looks like the EU is grasping for a longer baguette in the knife fight over Ukraine, suggesting that the EU might one day consider letting Ukraine into the fold.
While media reports spilled gallons of ink on the ups and downs of the Ukrainian protest movement over the weekend, few seemed to be wondering what Putin’s next move would be in response to the latest developments. Well, we now know. Emerging from talks with Yanukovich in Moscow today, Putin announced that Russia would buy $15 billion worth of Ukrainian government bonds and sharply cut the price of natural gas to help Ukraine stave off a financial crisis and keep Kiev out of the EU’s grasp.
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