
Harper has issues of his own to worry about. Almost immediately after taking office, he denounced an EU statement blaming Moscow for the worsening situation in Ukraine. Tsipras’s leftwing government is far more sympathetic to Moscow than the previous regime, and much of Europe.

Adding to the stew of competing forces, Mr.

Obama and create a rift within the party, between the current occupant of the White House, and his potential successor. In pressuring him now they also increase the heat on Hillary Clinton, the presumed Democratic candidate, to take a stronger line than Mr. Obama as a weak-willed president who lacks the spleen to deal with Mr. With a handful of potential candidates already vying for the party’s nomination, it is in their interest to portray Mr. The Republicans are playing politics along with everyone else. This advertisement has not loaded yet, but your article continues below. Federal Reserve chairman Alan Greenspan said Sunday it is “just a matter of time” until Greece quits the Euro and the currency union collapses, a shattering prospect for a region that has based its postwar prosperity on ever-closer integration and co-operation, and spent decades putting knitting the political and economic ties that bind it together. Official lenders are on the hook for €240 billion, and Merkel has been the leading opponent of compromise. The newly elected prime minister, Alexis Tsipras, said Sunday Athens is abandoning the program and wants a new deal loaded with concessions. Never having managed to recover from the 2008 meltdown, they face a new tipping point as Greece challenges the painful austerity package imposed on it five years ago. Merkel has led the response on behalf of the European Union, but its 28 members are caught in an economic crunch with the potential to rival Russia’s. He blames the West for the crisis, insisting Ukraine’s shift towards a more democratic system is part of a giant anti-Russia conspiracy cooked up by enemies in Washington and Europe. Putin, Ukraine offers a chance to divert attention from the economy to an external enemy, no matter how dangerous a game that is to play.

When he came to power they aspired to a western level of affluence now they’ve grown accustomed to it and aren’t eager to see it disappear. Putin’s personal position appears safe for the moment, his status as Russia’s strongman was built on his revival of the economy after its collapse in the 1990s, and can only deteriorate as Russians feel the increasing pain of their isolation. Article content The Ukrainians are being slaughtered and we’re sending them blankets and meals Federal Reserve, Alan Greenspan, has predicted that Greece will be forced to exit the euro, as its new prime minister outlined plans last night to keep the debt-stricken country financially afloat. More than 80% was in oil, which produced more revenue than all other non-energy exports combined. Energy Information Administration, oil and natural gas sales accounted for 68% of Russian export income in 2013. Russia’s economy is overwhelmingly dependent on oil exports. Since he accelerated the crisis by annexing the Crimea last year, his world has tilted dangerously. Putin, who continues to support Russian-allied fighters in eastern Ukraine, is in a precarious position. Activate your Online Access Now Article content

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