Tag: Eurozone

Western Sanctions Hurt Russia But Saved Putin, Kashin Says

November 24, 2014

Staunton, November 24 – No one can deny that Western sanctions and the declining price of oil have had a negative impact on Russia, but few recognize the other side of the coin: Western sanctions saved Vladimir Putin by allowing him the opportunity to shift blame for what has gone wrong in Russia away from […]

Latvian Decision to Ban Denial of “Soviet Occupation” Violates UN Charter

February 13, 2014

Tensions between Latvia and Russia have been growing, especially since Latvia has just joined the Eurozone. Prominent Latvians have accused Russia of using “soft power” to influence internal affairs. Now, Latvia has banned the justification or denial of either Nazi or Soviet occupation during World War II. In other words, Latvia is attempting to establish […]

Putin’s ‘Pogroms’ And a Fragile Russian Victory in Ukraine

Vladimir Putin has had a very good year, and one of his crowning achievements is that he appears to have successfully bullied Ukraine’s President Viktor Yanukovych into halting Ukraine’s march towards the European Union. Russia closed the border to Ukraine’s products, backing up traffic for miles (possibly costing Ukraine billions). Russia froze entire industries: banned cheese; stopped […]

Latvia: the Next Cyprus?

July 29, 2013

Earlier this month, EU finance ministers gave their approval for Latvia to become the eighteenth member of the Euro in January 2014. It seems counterintuitive that the country of two million people would want to enter the perpetually distressed and recession-stricken economic zone. But for Latvia it has a variety of benefits, not the least […]