Washington Post (December 27)
“Europe has been so weakened by the tumultuous events of 2016 that it is left unprepared to deal with the three big foreign policy challenges of 2017:” 1) Donald Trump, 2) “the increasing power of Vladimir Putin,” and 3) terrorism.
Tags: 2016, 2017, Challenges, Europe, Foreign policy, Putin, Terrorism, Trump, Tumultuous events, Weakened
Australian Financial Review (November 28)
“Mr Trump will not reverse America’s relative decline. The chances are he will drastically accelerate it…. The US-led international order as we knew it for 70 years is over. “ While much focus will be “on Mr Trump’s dealings with Mr Putin,” that’s strictly short term. “The long-term trajectory is towards China.” Going forward, things “will not be pretty. Europe will be the loser. So too will American prestige.”
Tags: China, Decline, Europe, International order, Long term, Prestige, Putin, Short term, Trump, U.S.
Washington Post (December 19)
Donald Trump and Vladimir Putin have been exchanging compliments. They clearly have a lot in common. “Much as Mr. Putin has muzzled free expression in the media, marginalized political opponents and scrapped contested elections, Mr. Trump has blithely endorsed shutting down parts of the Internet, praised President Franklin D. Roosevelt for interning Japanese Americans during World War II and openly contemplated registering Muslims in America.”
Tags: Elections, Free expression, Internet, Internment, Japanese Americans, Media, Muslims, Political opponents, Putin, Roosevelt, Russia, Trump, U.S.
New York Times (October 4)
Vladimir Putin is again “on the move.” This time it’s Syria. “Once again, American foreign policy analysts can’t agree on whether he’s acting out of brilliance or desperation.”
Tags: Analysts, Brilliance, Desperation, Foreign policy, Putin, Syria, U.S.
New York Times (April 7)
“Greece cannot count on Russia to ride to its financial rescue. The sharp drop in oil prices and, to a lesser extent, Western sanctions have damaged the Russian economy and limited Mr. Putin’s ability to dole out aid to other countries.” The Greeks can, however, be sure that Putin will try to exploit any chinks in the EU’s armor. “Mr. Tsipras should be careful not to let himself be used to undermine European unity.”
Tags: Economy, EU, Financial rescue, Greece, Oil prices, Putin, Russia, Tsipras, Unity, Western sanctions
Los Angeles Times (February 4)
“To say that the truce in eastern Ukraine, where Russia-backed breakaway ‘republics’ are battling the pro-Western Kiev government, isn’t holding is like saying the Titanic sprung a leak. The cease-fire signed in September is a dead letter. There’s a full-blown war afoot.” This does not, however, mean that the U.S. should arm the Ukrainians. “The presumption that Putin will back off once Kiev gets U.S. weaponry is not based on evidence but hope. And hope is not a strategy.”
Washington Post (January 19)
The drop in oil prices is hitting Venezuela, Russia and Iran hard. These “three troublesome nations” rely on energy exports for 68-95% of their external revenue. Venezuela now “appears on the edge of a political chasm. Putin will try to fend off domestic upheaval with more foreign aggression. And Iran will make a fateful choice between forging a lifeline to the United States and Europe and consciously embracing isolation and harsh austerity.”
Tags: Aggression, Austerity, Chasm, Energy, Europe, Exports, Iran, Isolation, Oil prices, Putin, Russia, U.S., Venezuela
Institutional Investor (January 6)
Amid “slowing global growth concerns and plummeting oil,” Russia has become a “cornered bear.” Food shortages and other anecdotal evidence suggest the domestic economy is crumbling and “that the pain is far from over.” Putin’s chances of finding “a solution that can provide economic relief while allowing him to save face” are looking “increasingly slim.”
Tags: Economy, Food shortages, Global growth, Oil, Pain, Putin, Relief, Russia
Bloomberg (December 18)
Early this year, Kremlin aids advised Vladimir Putin that “Russia was rich enough to withstand the financial repercussions from a possible incursion into Ukraine.” Their advice and the subsequent invasion “now looks like a grave miscalculation. Russia has driven interest rates to punishing levels and spent at least $87 billion, or 17 percent, of its foreign-exchange reserves trying to prevent a collapse in the ruble from spiraling into a panic.
Tags: Advice, Collapse, Foreign-exchange reserves, Interest rates, Kremlin, Miscalculation, Panic, Putin, Ruble, Russia, Ukraine
Washington Post (December 16)
“The drama playing out in Russia on Tuesday was not pretty. The ruble’s exchange rate has collapsed by some 50 percent against the dollar since mid-June, with an accelerating fall in recent days….Russia now faces a full-blown currency crisis.” The crisis, however, did not spring out of nowhere. “For President Vladimir Putin, the crisis is his own doing, a direct outgrowth of a meddlesome adventure into Ukraine.”
Tags: Collapse, Currency crisis, Dollar, Exchange rate, Putin, Ruble, Russia, Ukraine