Tag Archives: sanctions

A Change Of Plans. More Questions Than Answers

I’ll start today by paraphrasing the 1966 Buffalo Springfield song, For What It’s Worth: there’s something’s happening there, but what it is ain’t exactly clear. Yevgeny Progozhin’s Wagner Group, (which is basically a private “mercenary” army largely composed of freed Russian non-political prisoners), has turned on Vladimir Putin and the Russian military and is now reportedly marching on Moscow. That’s a thumbnail version, the situation is extremely dynamic and reliable reports out of the region are close to non-existent. I had other plans for today’s article’s subject matter but needless to say, that changed.

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Driving On Ice

I learned to drive in my native Western New York which certainly entailed driving on ice. There is no foolproof way to drive on ice. It is much different from and much more difficult than driving in snow. That said there is a technique that will enhance your chances of avoiding a serious mishap. Basically, you pump, not slam, the brakes and certainly never accelerate when you start a skid. To a degree something similar can be said about economic policy. Unfortunately, the powers to be in both America and the UK didn’t seem to learn that lesson.

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Least We Forget

The war in Ukraine has been going on for over six months now. With all else that is going on in the world it is easy to forget. That’s exactly what Vladimir Putin wants you to do and is his best chance to win.
I’m as guilty as anyone else in letting the war “slip below the fold”. Today I’m bringing it front and center. This article is being penned on Tuesday morning. A “time stamp” is necessary because some of the events depicted are dynamic. Today’s leading motivators are the morning New York Times and the BBC. Please continue reading and it will become clearer.

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The Headline Battle

When Russia invaded Ukraine, nobody expected the war (in Russian: special military action) to last this long. The main reasons it has are Russian military incompetence, Ukrainian spirt along with western military and financial (mainly via sanctions) support. Despite some recent successes, overall the Russian military isn’t really getting much better and certainly not stronger. The Ukrainians aren’t weakening! That leaves only western support in question.

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