Council on Foreign Relations
------------------------------------------------------Fueling the Fire in Ukraine
Interviewee: Steven Pifer, Senior Fellow, Brookings Institution
Interviewer: Robert McMahon, Editor, CFR.org
July 18, 2014
SOURCE - CFR - here.
BLOGGER SUMMARY
Seek step-up of sanctions against Russia.
Outline what constitutes an unbiased investigation
- Ukraine
- Malaysia
- Boeing
- Neutralis:
- Finland
- Austria
- Switzerland
Suspicions of Russian control of eastern Ukrainians rehashed
Bloomberg 2013 Report:
US - blocking lending to select large Russian corporations
- Russia had $43 billion in foreign currency bonds, circa Dec 2013
- Jan-Feb 2004, drop to $7billion
- March-date, zero
EU - blocking all lending from:
- European Investment Bank
- European Bank for Reconstruction and Development
Question: will Russia be a part of the resolution or the problem
Will sanctions bring Russia to heel?
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COMMENTThis is what stood out for me (not complete summary).
War is much nastier than I imagined.
Being indebted could cripple a country.
It's restrictive -- particularly if investments and borrowings aren't spread.
Any country that's in debt could find itself dancing to someone else's tune.
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