Crimea

Crimean crisis: A New Phase of Cold War?

Putin seems to have concluded that Russia must draw the line at Ukraine. The EU bid to sign trade agreement with Ukraine in December drew Russia’s ire and now Russia has moved to make Crimea its part thus changing the borders in Europe once again and deepening the distrust between Russia and the West at a time when serious issues like Syria, Iran and Afghanistan are yet to be resolved.

Chess Game over Crimea

The West will be compelled by their own threats to impose economic sanctions against Russia. But Russia is no Iraq or Iran and may very well retaliate against Western companies, for example, Exxon Mobile is active in Russia and there are 6,000 German companies in Russia.