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How Putin Can Strike Back at Sanctions

Published: March 24, 2014 (Issue # 1802)


In the wake of President Vladimir Putin's decision to annex Crimea, there is much talk in the West that Russia must pay a serious price. But the discussion of how to "punish" Russia largely overlooks the fact that Moscow would retaliate with penalties of its own if the West imposed sanctions on Russia.

Above all, Russia can use the gas weapon against Ukraine, which would cripple the Ukrainian economy and as well as cause widespread disruption across Europe.

In 2009, when Moscow shut down all gas deliveries to Ukraine, the disruption resulted in substantial shortages and rises in gas prices throughout Europe. Europe still imports 30 percent of its gas from Russia, and several Eastern European countries are close to 100 percent reliant on Russia.

A number of European countries are suffering severe economic problems, and as a whole European economies have performed significantly worse than that of the U.S. Therefore, a cutoff of Russian gas might well throw Europe back into a full recession.

In the Middle East, Russia could also significantly disrupt the P5+1 negotiations with Iran over Tehran's nuclear program. Putin could decide to move forward with the supply of advanced S-300 anti-aircraft missiles to Iran, or take concrete steps to assist Tehran's desire to build a second nuclear power plant.

Putin also possesses a "swing vote" in the Syrian crisis, and if he decides to double down on his support for Syrian President Bashar Assad, any chance for a cease-fire in Syria could be wrecked.

Afghanistan is another theater where Putin could strike a blow against Western primarily U.S. interests. The northern route that U.S forces use to ship equipment in and out of Afghanistan runs through Russia. Putin could shut this down at any time, thereby greatly complicating the withdrawal of U.S. military forces from Afghanistan.

Finally, Putin could ratchet up tensions in other states with substantial ethnic Russian populations, such as Estonia and Latvia. Last week, Moscow sent shudders through Estonia by complaining that its policy requiring its Russian population to speak Estonian was comparable to Ukraine's policy of limiting the use of Russian.

While Russia may no longer have the superpower status of the former Soviet Union, when it comes to sanctions Putin has plenty of cards of his own to play.

Josh Cohen, a former U.S. State Department official, works for a satellite technology company in the Washington area.





 


ALL ABOUT TOWN

Wednesday, Oct. 1


The St. Petersburg International Innovation Forum 2014 kicks off today at Lenexpo, where it will be presenting the latest and greatest ideas until Oct. 3. Focusing on economic development and the decisions and measures necessary to encourage development in Russias most important industries, the event is a possibility to discuss the innovations currently available in a variety of fields.


Representatives of the Russian and international media industries arrive in St. Petersburg for the first ever International Media Forum being hosted by the city until Oct. 10. With a variety of events on tap, including workshops, lectures and film screenings, the event plans to reemphasize the citys reputation as the countrys culture capital and as an emerging market and location for the visual arts.



Thursday, Oct. 2


The celebration of the bicentennial of the birth of Mikhail Lermontov continues with todays free exhibition in the citys Lermontov Library at 19 Liteiny Prospekt. Titled Under the Rustling Wings, the temporary exhibition will feature the costumes and scenery used in the 1917 production of Lermontovs play The Masquerade, which he wrote in 1835 when he was only 21 years old.



Friday, Oct. 3


Learn more about how to manage and evaluate employee performance during SPIBAs Human Resources Committee meeting this morning on Employee Assessment: Global and Local Trends. Starting at 9:30 a.m., the discussion will touch on such topics as the partnership between HR and business, reliable assessment strategies and more, with Tatiana Andrianova, the head of the SHL Russia and CIS branch in St. Petersburg, as the featured guest. Confirm your participation by Oct. 2 by emailing office@spiba.ru or calling 325 9091.


AmChams Procurement Committee Meeting is at 9 a.m. this morning in their office in the New St. Isaac Office Center on Ulitsa Yakubovicha.



Saturday, Oct. 4


Wine and cheese lovers will get their chance to revel during Scandinavia Country Club and Spas Wine Market Weekend. Going on today and tomorrow, wining diners can listen to live music, take part in culinary classes and, of course, sample a variety of fine wines from around the world. The cost of admission is 400 rubles ($10.30) for adults and 200 rubles ($5.15) for children.



Sunday, Oct. 5


Look for the latest fall fashions at the Autumn Market today in Freedom Anticafe at 7 Kazanskaya Ulitsa. The minimarket plans to offer clothes more flattering than the puffy jackets that are a staple of the citys cold-weather fashion, while offering the same amount of protection from the biting winds blowing off of the Baltic.



Monday, Oct. 6


SKA St. Petersburg, the citys KHL affiliate, welcomes Slovakian club HC Slovan in a match-up tonight at the Ice Palace near the Prospekt Bolshevikov metro station. The puck drops at 7:30 p.m. and tickets can be purchased on the clubs website or in person at either the arenas box office or the clubs merchandise store on Nevsky Prospekt.



Tuesday, Oct. 7


Learn more about Russias energy industry at the St. Petersburg Energy Forum that begins today and runs through Oct. 10. Attracting industry experts and political and business representatives, the forum plans to welcome more than 350 plus companies and their representatives to discuss the future of Russias largest economic sector.



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