Technical & Fundamental Oil Reports Specialists

Follow us

Ukraine “on the brink of civil war”

Published Wednesday, April 16th, 2014

President Putin has told Angela Merkel that the Ukraine is on the brink of civil war. It is not his fault of course. It is the fault of Kiev, fascists and interfering Western governments. Kiev has launched its first on the ground response mounting what it describes as “an anti-terrorist operation” against pro-Moscow separatists in Eastern Ukraine.

The markets, however, remain largely unmoved except for those in the Ukraine and Russia itself. Investors it seems cannot believe that the situation will be allowed to blow up into a full blown war. The next test will be tomorrow’s meeting in Geneva of US, EU, Russian and Ukrainian foreign ministers.

If that fails to produce a solution the in-fighting within the EU as to how far to extend sanctions will not be a pretty sight. The fragility of European solidarity will be revealed for all to see when it conflicts with the protection of economic self-interest.

To read the rest of the report, please click here 

Posted by David Hufton