Europe cannot cave in to US pressure, but it cannot realistically break ties with Washington when rejecting it, much less lay a claim to the mantle of global leadership. Europe simply wants more independence, which is already asking a lot, given the current state of world affairs. To achieve this, Europe needs to develop a more favorable balance of forces and interests.
Tag: Sanctions on Russia
The US attacks on Germany’s economy are nothing new. But previously those had been limited to just Trump’s words and infamous tweets. Now Washington has moved from words to deeds and seems to mean business, as evidenced by the March tariffs on Chinese goods.
The bill on Russia sanctions would effectively halt the plans for Nord Stream 2 gas pipeline project, aimed at providing EU countries with cheap Russian gas.
Relations between the European Union and Russia are at a critical stage now. Though this is a permanent state for the past ten years. Ties between the EU and Russia have particularly deteriorated in the past several years. The economic sanctions against Moscow imposed in the summer of 2014, after […]
President Putin’s late-July decree to destroy all sanctioned EU foodstuffs caught at the Russian border has incited a flurry of backlash, even among some typically Russian-friendly foreign journalists. Russia Insider’s Danielle Ryan, for example, documents not only instances of domestic criticism over the initiative, but also personally laments that it’s […]
A couple of weeks ago a group of influential German figures, the members of Willy Brandt Circle, have signed an Open Letter to SPD (German Social-Democrats) Bundestag delegates and cabinet ministers urging them to abandon the confrontational course in relations with Russia. The authors reviewed the degrading EU-Russia ties in […]
It’s been one year since European sanctions were first enacted against Russia on 17 March, 2014, and it’s worthy to briefly highlight their consequences on Moscow. Likewise, the counter-sanctions that Russia imposed on the EU last summer must also be critically looked at in order to assess the economic and […]
The U.S. government and mainstream media are swaggering toward a possible nuclear confrontation with Russia over Ukraine without any of the seriousness that has informed this sort of decision-making throughout the nuclear age. Instead, Official Washington seems possessed by a self-righteous goofiness that could be the prelude to the end […]
On Jan. 29 the Council of Europe extended the sanctions against a number of influential people in Russia and the Donbass. Austrian Foreign Minister Sebastian Kurz was right when he admitted that he was skeptical of large-scale economic sanctions, and that “targeted action against specific people who are responsible for […]
The edifice of the post-1991 world order is collapsing right before our eyes. President Putin’s decision to give a miss to the Auschwitz pilgrimage, right after his absence in Paris at Charlie festival, gave it the last shove. It was good clean fun to troll Russia, as long as she stayed the course. Not anymore. Russia broke the […]
Credit rating agencies are predicting quite a storm for the Russian economy, and they are therefore threatening to lower the country’s status to ‘junk’ level. Just as a weatherman may be incorrect about their storm predictions, so too may a ‘financial meteorologist’, except the latter has ulterior motives in doing […]
Have we reached the point where American economic warfare against Russia has become so painful that Putin has to stop standing in between Bashar Assad and Obama? With the “one-two punch” of punitive banking and oil industry sanctions, followed by plunging oil prices, the American aggression is starting to bear […]