In These New Times

A new paradigm for a post-imperial world

De-escalating the tension

Posted by seumasach on August 26, 2014

 

“Making threats and opening up new fronts of conflict is a risky game that makes the world a much more dangerous and unpredictable place”

Ekatimerini

26th August, 2014

The impact of developments in Ukraine on the global economy may be much more far-reaching than initially anticipated. If the European Union and the United States, on the one hand, and Russia, on the other, become embroiled in a vicious cycle of escalating sanctions, it may cause havoc all around the world.

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