By William K. Black
We all understand why Russia is waging economic war on the Ukraine, but why is Obama doing so? The New York Time’ web site has posted a remarkable Reuters story (dated April 5, 2014) entitled “Ukraine PM Says Will Stick to Austerity Despite Moscow Pressure.”
“The Kiev government will stick to unpopular austerity measures ‘as the price of independence’ as Russia steps up pressure on Ukraine to destabilise it, including by raising the price of gas, Prime Minister Arseny Yatseniuk told Reuters.”
By Alla Semenova
Protesters topple a statue of a Soviet leader, Vladimir Lenin in downtown Kyiv, Ukraine on Sunday, December 8, 2013.
For more than two weeks, Ukraine has been swept by massive pro-European, anti-government protests, the largest the country has seen since the Orange Revolution of 2004. Hundreds of thousands of demonstrators have stormed the streets of Kyiv, following President’s Yanukovych decision to put on hold a major trade and cooperation agreement with the EU. Pressure from Putin’s Russia is cited as the main reason for the President’s U-turn.