Showing posts with label BRICS. Show all posts
Showing posts with label BRICS. Show all posts

Tuesday, 18 November 2014

The G20 Summit

So what did in fact happen at the G20 summit?

The short answer is that it was a shriller rerun of the ASEM summit in Milan. The same line up of European leaders joined this time by the Australians and the Canadians (Obama and Putin barely met) tried once again to bully Putin into doing what they wanted in the Ukraine, believing on this occasion that the fall in oil prices and in the rouble would make him more amenable. In order to drive the point home a media blitz of quite extraordinary intensity was also orchestrated.

To their collective bafflement and anger, Putin refused to move an inch. On the contrary Putin's position has if anything hardened since Milan as he made clear in the interview he gave to German television in Vladivostok (before the summit) in which (as I pointed out previously) he pointedly reminded the European leaders that it is within Russia's power to bring the entire Ukrainian financial edifice crashing down by calling in its loans and in which he also gave the clearest possible warning that Russia would not allow Novorossiya to be overrun (see below on this Page). The further news on that today by the way is that Russian Economics Minister Ulyukaev has confirmed that the rouble will be allowed to circulate in the DPR/LPR, strengthening their integration with Russia.

Monday, 17 November 2014

This "Putin Isolated" Nonsense Is Dangerous

These headlines are silly:

India Times - Barack Obama says Russia will remain isolated if it continues to destabilise Ukraine
Yahoo - Cameron warns Russia of isolation, further sanctions over Ukraine
LA Times - Putin faces isolation at G-20 conference
NY Times - Putin Gets a Cool Reception From G-20
Vice - World Leaders Snub Putin at G20, Exile Him to 'Social Siberia'
Reuters - G20 commits to higher growth, fight climate change; Russia isolated over Ukraine
Guardian - Isolated Putin leaves G20 summit

Even more silly then those headlines was the German prime news Tagesschau which used a picture of Putin seemingly sitting alone at a lunch table to prove his "isolation". But news service pictures show that he is sitting with the Brazilian president Dilma Rousseff waiting for the other lunch guests to sit down next to them. These were simply not visible in the frame Tagesschau selectively used.