The Great Debate

Don’t cry for the Nabucco pipeline

By Leslie Palti-Guzman
May 1, 2014

The site of a newly opened distribution hub of the gas pipeline Gazelle is pictured in Primda

It is too late for regrets. With Europe worried that Moscow could cut off gas deliveries to Ukraine, which would trigger price volatility and supply risks throughout the continent, the failure of the Nabucco pipeline project stands out.

U.S. v Russia: Searching for Kennan

By Nina Khrushcheva
April 28, 2014

No matter how counterintuitive it may seem, Washington needs to stop lecturing Russian President Vladimir Putin if it wants to resolve problems with him.

from Nicholas Wapshott:

The EU-U.S. love-hate relationship

By Nicholas Wapshott
April 11, 2014

The elaborate gavotte between the American and European economies continues.

While the Federal Reserve has begun to wind down its controversial quantitative easing (QE) program, the European Central Bank (ECB) the federal reserve of the eurozone, has announced it is considering a QE program of its own.

from Compass:

Putin’s action is no surprise

By Nader Mousavizadeh
March 28, 2014

Surprise is the least forgivable sin of statecraft. Yet nothing has so characterized the Ukraine crisis as the West's continuing surprise at Russia's behavior.

Reaching for a deal on Crimea

By Samuel Charap and Keith Darden
March 19, 2014

There is a disturbing air of inevitability in Western capitals surrounding Russia’s annexation of Crimea. A growing consensus views this scenario as a rough analogy to  Moscow’s recognition of Georgia’s breakaway regions of Abkhazia and South Ossetia after the 2008 war — perhaps more severe, but still manageable.

from Lawrence Summers:

Ukraine: Don’t repeat past mistakes

By Lawrence Summers
March 10, 2014

The events in Ukraine have now made effective external support for successful economic and political reform there even more crucial. The world community is rising to the occasion, with concrete indications of aid coming not just from the International Monetary Fund and other international financial institutions but also the United States, the European Union and the G20.

Assessing corporate risk in Ukraine

By Lucy P. Marcus
March 5, 2014

As the crisis in Ukraine escalates, boardrooms and senior management teams worldwide are now likely talking about the problems of doing business in conflict zones. These regions test the boundaries of risk tolerance.

Ukraine: Obama must escape the ‘Cold War syndrome’

By Elizabeth Cobbs Hoffman
February 21, 2014

When it comes to the mounting crisis in Ukraine, President Barack Obama is stuck playing an old role. Since World War Two, U.S. presidents have steadfastly held to the same course when it comes to Russia.

Ukraine after the Maidan

By William E. Pomeranz
February 19, 2014

Writing the first draft of history is always difficult, especially when the opening act curtain has not officially fallen. Yet developments in Ukraine have now reached a critical turning point, with certain consequences likely to follow.

Moscow fiddles, while Kiev burns

By William E. Pomeranz
January 31, 2014

Timing is everything in politics, and this adage could not be truer for the whirlwind now enveloping Russia and Ukraine. Both countries are in the headlines — Russia for the coming $50 billion Winter Olympics extravaganza, and Ukraine for an economic and political collapse that has left the country on the cusp of revolution.