Tuesday, 29 July 2014

On Russia: What if the stick fails?

".................... Having looked at the global political and economic permutations that have become known in recent time, particularly within the purview of economic sanctions that have been issued against Russia, and further economic sanctions that are being considered by the United States and the EU, I am skeptical about the credibility of the stick (punishment using economic sanctions) approach that the US and the EU are adopting on Russia. What if the stick approach fails? What if the economic sanctions are not credible? What if Russia decides to endure the pain and not let up its stand? What if EU states lack the will power to endure pains accruing to them as punishers?" 

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