Tag Archives: ratings

A tale of two choices

Oil prices tumble, the Russian economy is in recession, the Russian elite is nervous, but Vladimir Putin is smart enough to avoid the traps that the Soviet Union fell into – in a nutshell, this is the argument of Richard … Continue reading

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Europe’s game – Part 2

In the previous entry, I argued that Europe had to push forward with sanctions on Russia, despite the imminent threat of a Russian economic crisis. However, Europe’s game does not end here. It has to carefully observe the movements within the … Continue reading

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Europe’s Game – Part 1

Pro-Russian rebels held illegal elections in the Donbass on 2 November, which Russia first recognised then only “respected”. Meanwhile, Ukrainian authorities and NATO reported a serious Russian military build-up in Eastern Ukraine. Vladimir Putin was told off at the G20 … Continue reading

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The cost of peace

The war in Ukraine is, arguably, a very costly business for Russia’s leaders. No wonder that the political and business elite seem to be increasingly divided on the issue. However, the situation created by the conflict has benefited Russia’s ruling … Continue reading

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Putin’s Milosevic moment

As the world is gearing up for the upcoming talks between Vladimir Putin, Petro Poroshenko and Western officials in Minsk next week, all sides seem to pretend that time works for them and stakes are higher on the other side. … Continue reading

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Why sanctions may as well work

Two days ago, Clifford Gaddy and Barry Ickes, two renowned experts on Russia’s economy published a short analysis on the possible effect of European and American sanctions on Russia. The outlook was grim, they concluded: not only were sanctions unlikely … Continue reading

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On the brink

As I am writing this blog entry, something that worryingly resembles the beginning of a civil war is underway in Eastern Ukraine. The triple strategy of the Ukrainian government – send in the military but restrain its activity, ask for … Continue reading

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