To Russia With Love

Denise Raymond - Tuesday, March 04, 2014

Europe, in many ways, has its hands tied watching what is unfolding in the Ukraine as the back and forth continues between the people of Ukraine attempting to take back their country and Russia trying to do the same.  It seems not many in Western Europe want to see Russia essentially control Ukraine’s government – at the same time, 25% of Europe’s oil and natural gas supply stem from Russia – and much of that is piped through Ukraine to the Black Sea where it is sent to Western European markets.

Western Europeans are familiar with what can happen if Russia is pushed into a direction it doesn’t want to go –it has the assets to play hardball – two times in the last decade Russia has shut off natural gas supplies to Western Europe… Possibly one reason why analysts say they aren't predicting any major EU sanctions against Moscow for the ongoing Ukraine crisis.

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