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Thursday, March 6

5th Mar - Ukraine Update



Previously on MoreLiver’s:


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Putin’s Kampf – Project Syndicate
Charles Tannock: Russia’s seizure of Crimea is the most naked example of peacetime aggression that Europe has witnessed since Nazi Germany invaded the Sudetenland in 1938.
 
Wall Street Reacts to Putin: Nevermind, Nothing to See Here – WSJ

Russia and its Dollar Reserves: Going Nowhere Fast – Marc to Market
Provided the military situation in Ukraine and Crimea does not escalate from here, it is likely the Russia will get a proverbial slap on its wrists for bearing its canines and the military display of what largely amounts to a shot across the Ukrainian bow. 

Ukraine and Europe’s recovery: the energy threat – FT

Ukraine: Follow the Energy – of two minds

What Putin Really Wants – Op-Ed / NYT
http://www.nytimes.com/2014/03/05/opinion/what-putin-really-wants.html?hp&rref=opinion

Pipeline Politics – WSJ
Rising tensions between Russia and Ukraine leave Europe’s gas supply vulnerable.

European Commission's support to Ukraine – EC
Overall support of at least €11 billion over the next couple of years from the EU budget and EU-based international financial institutions

Ukraine Won't Pay Russia For Gas, Has Billions In Obligations Due; Europe Promises Aid Money It Doesn't Have – ZH

Ukraine in crisis: all clear or eye of the storm? – FT
The Ukraine crisis has entered its “wait and see” phase. Does this mark the beginning of a peaceful resolution or is it the calm before the storm?

Infographic: Reversing the Berlin Wall – TradingFloor
Moscow and Kiev are at loggerheads in the Crimea, but the peninsula is just one element of a bigger prize. A complex game between Russia and Europe is likely to play out based on energy security issues, and the potential game-changer of US shale gas.

(Feb 21) Ukraine’s $19-billion question of debt and corruption – Quartz
At the traditional core of Ukrainian corruption is the natural gas trade with Russia. Simply put, powerful Ukrainians and Russians skim billions of dollars a year through opaque financial arrangements between the two countries.

(2009) Where East Meets West: European Gas and Ukrainian Reality – Washington Quarterly

The 'Hidden Debts' Of Russia And Ukraine That Could Make Them More Exposed Than Any Other Country In The World – BI
The official statistics only measure a given corporation's debt issuance in the home country, and don't take into account offshore debt issued through overseas subsidiaries.

EU offers Ukraine $15 billion, but help hinges on IMF deal – Reuters
Barroso said the assistance, to be discussed by European Union leaders at a summit in Brussels on Thursday, would require widespread reforms by the new Ukrainian government and the signing of a deal between Ukraine and the International Monetary Fund.

Is EU aid to Ukraine really €11bn? – FT

Russia Defies West’s Crimea Pleas as EU Offers Ukraine Aid – BB