Two serious fissures are emerging as the hard line against Russia - TopicsExpress



          

Two serious fissures are emerging as the hard line against Russia advances. One, the E.U. is plainly getting fractious. Reflecting the rainbow of political tendencies among their leaders, Europeans may have reached their limit in acquiescing in the Obama administration’s tough-and-getting-tougher policies. Note, in this context: Europe has nothing like the fiscal and monetary wherewithal it had six years ago to withstand another bout of financial and economic contagion. Two, Obama appears ever closer to overplaying America’s hand with the Europeans. Tensions between Washington and Europe have simmered just out of sight since the Cold War decades. There are significant signs now that Obama has let the Ukraine crisis worsen them to the point the tenor of trans-Atlantic ties is permanently modulated. If this goes any further it will be very big indeed. Chancellor Merkel, not surprisingly, is the very personification of these difficult divisions. As a former East German and a conservative she honors the E.U.-U.S. relationship, plainly. At the same time, she must address dissenters in the E.U. and keep the European alliance together. finance.yahoo/news/fallout-obama-russia-strategy-spreading-110000192.html
Posted on: Mon, 22 Dec 2014 13:48:00 +0000

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