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The West's 'Moment of Truth'
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This WSJ editorial says despite his call for "hard-hitting sanctions" prime minister Cameron of Britain has not taken action to stop the flow of "dirty money" from Russia into the City of London. About $75 billion left Russia so far in 2014 in capital flight as the Russian elite shifts money overseas including to the City of London. France has a planned $1.6 billion sale of Mistral naval ships to Russia, and will need the British example to cancel this sale. Putin's strategy is to distance Europe from the U.S. In the EU countries opposing tougher sanctions are Germany, Netherlands, Italy and Greece. Netherlands suffered the most with 193 Dutch citizens killed in the shooting down of Malaysian Airlines Flight 17 over eastern Ukraine.
Efforts for a calming down of tensions in Ukraine by June 2014 with the election of Poroshenko as president and no increase in sanctions on Russia
05/26/2014
Russia says it will talk with Poroshenko. Ukraine will make a payment of $2 billion for past gas purchases from Russia.
Grouped Articles
Despite Fighting, Hopes Rise In Ukraine
Wall Street Journal 05/27/2014
Ukraine’s Next President Vows to Restore Order and Mend Russia Ties
New York Times 05/26/2014
New York Times 05/27/2014
Poroshenko Takes Ukraine Helm With Tough Words for Russia
New York Times 06/07/2014
Fighting Intensifies After Ukraine's Poroshenko Ends Cease-Fire
Wall Street Journal 07/02/2014
Tensions Are Writ Large Before Ukraine Showdown
Wall Street Journal 07/07/2014
The impact of the Ukraine crisis on the Russian economy in 2014 with western sanctions
08/11/2013
Grouped Articles
Russia's Power Play Hits Economic Weak Spot
Wall Street Journal 03/04/2014
As Prime Russian Trading Partner, Germany Appears Crucial to Ending Crisis
New York Times 03/03/2014
The World's Riskiest Stock Market?
Wall Street Journal 03/22/2014
Russia Says It Has Weathered the Worst of the Economic Storm
Wall Street Journal 04/03/2014
Russia's Growth Pace Continues to Weaken
Wall Street Journal 08/11/2013
Russia Plotting for Ukrainian Influence, Not Invasion, Analysts Say
New York Times 04/09/2014
Friedman on why Putin blinked when he realized the costs of impulsive emotional policy making for Russia's economy and his legacy of economic progress
05/27/2014
Putin's early reactions to Yakunovych, corruption and poor leadership in Ukraine, and anti-Russian feeling in western Ukraine, were emotional and impulsive. The Crimean takeover was perceived very differently and gained Putin poor media coverage in Germany after decades of effort in building German-Russian relations, surely not worth what was gained in Crimea. The capital outflows estimated to reach $160 billion at one point and the damage to foreign investment sentiment at a time of sharp economic slowdown must rate as one of the poorest displays of policy making, when Russian speaking Ukrainians could be protected without damaging Russia's image and relations with western partners. Relationships needed for modernization of what is still an emerging market in a global economy. Even in a multipolar economic world with China, Russia playing a bigger role, other competing players Japan and India, would dilute any influence gained by China, and by Russia, and no change in the global economy. A more serious effort would be for Putin to have pushed to give Russia a more effective economic role by diversifying to a tech based economy, away from oil, something that still awaits Russia under some future leadership and party.
Grouped Articles
New York Times 05/27/2014
This Is Just a Date, Not a Marriage
Wall Street Journal 06/03/2014
Tensions Are Writ Large Before Ukraine Showdown
Wall Street Journal 07/07/2014
Seeing Cost of Saber Rattling in Ukraine, Putin Alters Course
New York Times 07/11/2014
Raising Stakes on Russia, U.S. Adds Sanctions
New York Times 07/16/2014
Wall Street Journal 07/22/2014
Putin and Russia's shift in Ukraine policy with the impact of capital flight, western sanctions and a sharp slowdown in the economy by July 2014
07/11/2014
Polls show 66% of the Russian public opposes Russian forces going into Ukrainian territory. The rhetoric on Russian television has been toned down and Russian analysts say intervention in Ukraine would have dangerous consequences for Russia, that Russia needs to maintain its relations with the West. At the same time Putin will attend a summit of BRIC's leaders in Fortaleza, Brazil, with plans to set up a development bank, as the focus shifts back to the economy. Russia is expected to feel the impact of $75 billion in capital flight in the first half of 2014.
Grouped Articles
Seeing Cost of Saber Rattling in Ukraine, Putin Alters Course
New York Times 07/11/2014
U.S. Escalates Sanctions Against Russia Over Ukraine Crisis
Wall Street Journal 07/17/2014
Raising Stakes on Russia, U.S. Adds Sanctions
New York Times 07/16/2014
Putinism Thrives on Dirty Money
Wall Street Journal 07/22/2014
Wall Street Journal 07/22/2014
Coordinated Sanctions Aim at Russia’s Ability to Tap Its Oil Reserves
New York Times 07/29/2014
U.S. sanctions on Russia following the Russian occupation of the Crimea and fears of occupation of eastern Ukraine
04/02/2009
The planned sanctions at the early stages of the crisis are for Russian officials and groups taking part in the takeover of the Crimea and threat to eastern Ukraine, and not on the Russian economy. Russian intervention in the Russian speaking eastern Ukraine would lead to the U.S. pushing its case with the EU and Germany for broader sanctions. If a standoff occurs as happened by an earlier Russian intervention in Georgia to support a Russian speaking region, these limited personal sanctions would remain in place.
Grouped Articles
U.S. prepared to place unilateral sanctions on Russian officials, businesses - The Washington Post
Washington Post 03/05/2014
Western Businesses in Russia, Watchful and Wary
New York Times 03/07/2014
Russia Moves Closer to Absorbing Crimea, Despite Sanctions
Wall Street Journal 03/18/2014
Wall Street Journal 03/26/2014
Pride, Prejudice and Putin's Predation
Wall Street Journal 03/26/2014
Russia Says It Has Weathered the Worst of the Economic Storm
Wall Street Journal 04/03/2014
Putin and corruption in Russia
01/28/2009
Grouped Articles
Russian Journalists, Fighting Graft, Pay in Blood
New York Times 05/17/2010
New York Times 01/22/2014
Putinism Thrives on Dirty Money
Wall Street Journal 07/22/2014
Wall Street Journal 07/22/2014
Private Bank Fuels Fortunes of Putin’s Inner Circle
New York Times 09/27/2014
Australian Leader Serves an Unsportsmanlike Warning to Putin
New York Times 10/14/2014
Russia and "dirty money" flowing into the West, including the City of London, hurting the average Russian and the Russian economy- the role of western sanctions in limiting this flow
07/22/2014
Linked Articles
Wall Street Journal 07/22/2014
Putinism Thrives on Dirty Money
Wall Street Journal 07/22/2014
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