Enforce Cease-Fire Or Not?

Peter's Commentary: The four leaders of Germany, France, Russia and Ukraine talked by phone this Thursday. They condemned the fighting which has broken out during the week and agreed to continue to implement all the measures approved on 12 February in Minsk. However, Bloomberg reports that Germany may be unable to stop weapons being delivered to Ukraine. Karl-Georg Wellmann, a lawmaker in … [Read more...]

Cease-Fire Agreed Over Ukraine

Peter's Commentary: A cease-fire agreement over eastern Ukraine has at last been worked out. It took more than 18 hours of nonstop negotiation. Ukraine's Poroshenko, Russia's Putin, Germany's Merkel and Francois Hollande agreed to a truce that starts at 12 AM on February 15. The US was notably absent from the negotiations. Due to other cease-fires not working in the past, there are doubts … [Read more...]

European Countries Fracture Over Ukraine

Peter's Commentary: Europe is no longer following the US's stance regarding Ukraine. NATO Secretary General Stoltenberg stated on Sunday that each NATO country should decide whether to supply weapons to Ukraine. From ZeroHedge, Tyler Durden, February 9, 2015: The headlines are coming thick and fast but most prescient appears to be: Despite John Kerry's denial of any split between … [Read more...]

Putin Wants Russia to Sell Energy in Roubles

Peter's Commentary One of the easiest ways for Putin to attack the US is to start selling energy without settling payments in the US dollar. If Russia starts to sell energy without the US dollar being involved, you can expect the US dollar index to drop significantly overnight. Remember that Russia sells gas to a lot of European countries. What if Russia made the transactions in German marks … [Read more...]

Relations thawing between Russia, Germany and France?

Peter's Commentary The article inserted below and a couple of other recent articles are suggestive of progress towards better relations between Russia and other European countries. Russia does have a big stick as it provides natural gas for the region. RIA Novosti, MOSCOW, August 18, 2014 The foreign ministers of Russia, Ukraine, Germany and France have made some progress during … [Read more...]