Russia to Blame for Gas Crisis
Editorial, The Globe and Mail | January 8, 2009
The Russia-Ukraine gas supply conflict was heightened following Russia’s decision to further reduce gas supplies as a response to Ukraine “stealing” gas aimed for European clients. ++ Ever since the end of the 2005 Orange Revolution in Ukraine, Russia has been using its gas resources as a political weapon. ++ The policy decision will bring Europe under strain, but the cost for Russia will be higher: by projecting itself as an unreliable energy provider, it may sacrifice one of the few productive aspects of its economy.
Thu, Jan 8th 2009, 10:29
David Neil Lebhar, Atlantic Community, Gold Contributor (134)
"Russia's Gas War Gets Credit Crunched" - The Wall Street Journal
http://online.wsj.com/article/SB123136742359262291.html?mod=rss_opi...