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View article: Cameron’s EU Treaty Wish List vs. Likelihood of Implementation; Did Cameron Lose His Mind? Election Carrots in Play?
Bloomberg reports Europe’s Russia Gas Imports Jump to 3-Week High as Buyers Hoard . European utilities boosted imports of natural gas from Russia to the highest level in three weeks even as storage remains at record-high levels amid the mildest winter since 2007. Russia shipped 493 million cubic meters of gas to Europe, excluding the Baltic States, on March 3, the highest level since Feb
See the article here: Russia Has Upper Hand in Ukraine, No Meaningful Sanctions Coming
Links US hypocrisy over ‘Russian aggression’ in Ukraine March 5, 2014 ( Nile Bowie for RT ) - As divisions deepen between the eastern and western regions of Ukraine, the backers of the putsch regime in Kiev portray Russia as a reckless aggressor to absolve their own responsibility for engineering the crisis. A woman and a young boy walk past pro-Russian self-defence activists standing guard in front of the Crimean Cabinet of the Ministers in Simferopol on March 2, 2014. (AFP Photo / Genya Savilov) While denunciations of Moscow have streamed out of western capitals in recent days over the standoff in Crimea, it should be understood that the political crisis currently unfolding in Ukraine could have been wholly avoided
Kevin O’rourke on the Irish Economy blog comments Class divides and European Integration, Yet Again.
Tweet The news from Crimea is unsettling , partly because it’s not entirely clear to me whether it’s bad to have Crimea reattached to Russia in some form. From a utilitarian perspective, removing the most eastern-oriented portion of Ukraine from its electoral politics would pretty much guarantee a western-oriented political outcome.
Nobel prize winning economist Joseph E. Stiglitz has come to the right conclusion Leaving the Euro Painful but Staying in More Painful . Partial Transcript Question : I want to probe you a bit on that small mistake of the euro
Link: Eurozone in Deflation; Monetarist Mouthpieces Will Scream
Read More: Germany at Heart of Europe’s Political Predicament; Squaring the Circle; When is the Breaking Point?