Russia’s military and diplomatic opposition to the overthrow of former Ukrainian President Viktor Yanukovych has raised concern that Russia might cut off Ukraine’s gas as it has in previous disputes, disrupting broader European energy markets. In an email interview, Keith Smith, a former U.S. ambassador to Lithuania who is currently a distinguished resident fellow at the Center for European Policy Analysis, explained how Russia’s leverage over energy markets has changed since it last cut off gas supplies to Ukraine. The views expressed here are Smith’s and do not represent those of any organization. WPR: How has Ukraine’s position in the [...]
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When he took office in 2010, Colombian President Juan Manuel Santos trumpeted mining as a “locomotive” that would drive the economy forward. Recently though, the Santos administration dealt a series of harsh blows to the country’s No. 2 coal exporter, Alabama-based Drummond Co., in response to a series of legal blunders committed in 2013. Coming down this hard on a company like Drummond is an unprecedented move for Colombia’s government, signaling that from here on out, multinationals that come to mine the country’s natural resources could face a new, hard-line stance when they don’t play by the rules. The Drummond [...]
This year started on a particularly pessimistic note in Cyprus. In December 2013, the latest attempt by the United Nations to bring the island’s Greek and Turkish Cypriot leaders back to the negotiating table had foundered. The two sides had been unable to reach an agreement on the wording of a joint statement that would have laid down the parameters for a renewed attempt to reunify the island. At the core of the dispute was a disagreement on the nature of sovereignty in any settlement. While the two sides have long agreed that any solution would see the creation of [...]