By Martin Hutchinson
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
Shots were fired at an international team of monitors in Crimea over the weekend, violence flared in Sevastopol as thousands staged rallies and Angela Merkel, who perhaps has the most receptive western ear to Vladimir Putin, rebuked him for supporting a referendum on Ukraine’s southern region joining Russia. But in truth we’re not much further forward or backwards in this crisis.
A glimmer of hope in Ukraine?
Let’s not count our chickens after 75 people were killed over the past two days but President Viktor Yanukovich’s people are saying an agreement on resolving the crisis has been reached at all-night talks involving the president, opposition leaders and three visiting European Union ministers.
A deal is due to be signed at 1000 GMT apparently although no details are as yet forthcoming. There has been no word from the EU ministers or the opposition so far.
How much longer will the political center hold in Europe? Its erosion, years in the making, is only picking up speed. In Italy, the latest political crisis presages the collapse of the centrist left-right coalition. In Austria, a recent election barely gave a similar coalition enough votes to continue governing. The European Union nations are hurtling toward elections next spring for the European parliament, which will bring real debate and divide to what has been a largely consensual assembly. Not far separated from the yolk of the financial crisis, nationalism is the politics of the times.
It wasn't just the Nikkei. Euro zone government bonds rallied following Japan's announcement of a massive new monetary stimulus. That sent yields on the debt of several euro zone countries to record lows on bets that Japanese investors might be switching out of Japanese government bonds into euro zone paper, or might soon do so.
Lake Weissensee, Austria
By Michael Dalder
I’ve been diving for almost 15 years, but due to family matters it has fallen off my list lately. So a new picture assignment at Lake Weissensee in mid-February 2013 just came right to my diver’s heart: The Underwater Ice hockey Championships.
By Dominic Ebenbichler
The tragedy of Dutch Prince Johan Friso, who was buried in an avalanche while skiing in Austria last February and who has since been in a coma, generated the idea to shoot a story about freeride skiing and how ski professionals are trying to minimize any possible risks.