What are the ramifications of an escalation in the Ukraine crisis?

Are we really going to see a new Cold War? And if we do, how will that affect world trade and its recovery in 2014 and beyond?

Tip 1 - A peaceful solution remained possible

Published:  | Submitted by Sathianathan | permalink

While an end to the crisis in Ukraine had proven elusive thus far, a peaceful solution remained possible, the Secretary-General’s senior United Nations political affairs official told the Security Council today.

Jeffrey Feltman, Under-Secretary-General for Political Affairs, emphasized, however, that the frequency of the Council’s deliberations on the subject reflected the international community’s inability so far to deliver on its obligation to help de-escalate tensions.  Council members were considering the situation in Ukraine for the sixth time since 1 March.

Also addressing the Council, Prime Minister Arseniy Yatsenyuk of Ukraine said there was still a chance for peace.  “This Government is ready for an open dialogue.  We extended our hand to Russia, but instead we got a barrel.  But we still believe Russia is...

Tip 2 - Russia risks significant economic and political consequences

Published:  | Submitted by Kevin Willer | permalink

The West warned Thursday that Russia risks significant economic and political consequences if it shuns a political solution to the crisis in Ukraine.

 

The push to de-escalate tensions between Moscow and Kiev comes ahead of a planned Sunday referendum called by Crimea's pro-Russian leadership to decide if the peninsula is to secede from Ukraine.

The UN and key Western allies opposed to the referendum discussed the situation in a conference call, while Russia considerably increased its troop formations along the Ukrainian border.

Italian Foreign Minister Federica Mogherini said UN chief Ban Ki-moon, EU foreign policy chief Catherine Ashton and diplomats from key Western nations agreed to ensure ..

 

Tip 3 - There will be consequences says President Obama

Published:  | Submitted by Trevor | permalink
There will be consequences says President Obama

“There will be consequences” if Ukraine’s sovereignty is violated, President Obama told reporters as Mr. Kerry and Mr. Lavrov were meeting.

Mr. Putin’s decision to call a snap exercise involving thousands of troops near Ukraine’s borders this week had raised fears that Russia might deepen the crisis by intervening militarily in eastern Ukraine on the pretext of defending ethnic Russians, just as it had in Crimea.

“Russia is aware of its responsibility for the lives of compatriots and fellow citizens in Ukraine and reserves the right to take people under protection,” the Foreign Ministry said in a statement.

By MICHAEL R. GORDON and STEVEN LEE MYERS

Tip 4 - Big Powers Showing Off!

Published:  | Submitted by Sammy B | permalink
Big Powers Showing Off!

Here you basically have two superpowers trying to show off to one another.  Alike, the cold war the battle is occurring in a foreign land at the expense of civilian blood.  It is really upsetting. I pray they find a common ground or agreement on this matter.  There are many other countries trying to fight off government oppression. The Ukraine crisis is just another excuse.

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Category: Business & Finance | 10 years ago

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