Few more notes on the subject.
- Breitbart, just now: Russian forces take Ukrainian town outside of Crimea
- Andrew Stuttaford @Corner:” Lithuania, Latvia, and Estonia are members of NATO. While I wouldn’t expect any sort of invasion (apart from the cyber-variety: there are reports that Estonia has again been under cyber-attack), trouble-making in this region (which hosts large Russian minorities in Estonia and Latvia) offers Putin the chance (if the West does not demonstrate a very firm response) to show that NATO membership is not quite the source of security that it has been made out to be.”
- Pentagon denies that our Drone is downed by Russians in Crimea
- Radio Free Europe/Radio Liberty: the headlines on the margin: Russian Foreign Ministry Statement On Donetsk Death Defies Reality/ Kremlin, Central Bank Websites Hit By Powerful Cyberattack/ UN Security Council Expected To Vote On Crimea Resolution / China Set To Gain From Most Outcomes In Crimea / Russia Blocks Websites Critical Of Kremlin / Through The Crimean Prism: Five Things We’ve Learned About Russia
- Street Professor: since the beginning of March, the Russian market is down 13.74%.
“The most revealing thing is that Putin can say such readily falsified things with such confidence and panache. Has he convinced himself it’s true? Or does he know that his real target audiences, Russians dependent on TV for news, and useful idiots in the West, will just swallow his swill as Gospel and won’t bother to check? I’m guessing the latter, but I can’t rule out the former.”
“..Meaning that Russian corporates that attempt to retaliate against sanctions by defaulting on obligations to western creditors will suffer major, major pain.So I say: call the Russians’ bluff. Impose sanctions. If Putin forces Russian companies to default in response, they-and he-will pay a far higher cost than anything inflicted on the nations sanctioning Russia.”