Matthew C. Klein

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Europa, , , ,

An unprecedented global alliance of democracies has imposed crushing sanctions on Vladimir Putin’s regime as punishment for its invasion of Ukraine. Russia is being ejected from the networks that bind the global economy as companies from the United States, Europe, Japan, South Korea, Taiwan, and elsewhere cut off exports and evacuate their assets and staff. Without ongoing access to modern technology and foreign expertise, Russia’s planes will stop flying, its military hardware will degrade, and even its ability to extract hydrocarbons and grow food will be imperiled. The country is now enduring an economic crisis worse than anything since the collapse of the Soviet Union.…  Seguir leyendo »

EuropaUnión EuropeaPolítica Exterior,

Russia's importance as a supplier of natural gas to Europe may look like an asset for Moscow, as demonstrated by Europe's inaction over Russia's occupation of Crimea. Over the long term, however, that relationship could become a significant liability, and one that Europe can try to exploit.

In 2013, Russia sent 162 billion cubic meters of natural gas to European countries outside the former Soviet Union -- about 30 percent of Europe's total consumption. That makes many leaders in Europe sensitive to changes in Russia's willingness to cut the supply of natural gas. Over short periods, Russia's ability to turn off the gas is indeed a formidable weapon.…  Seguir leyendo »