Brexit was hubris. A former world power reduced to being an island that itself was on the verge of disintegrating. Ukraine is also hubris. Only there were no dead bodies to go with Brexit. And Brexit can be easily reversed. This was is the end of the road for Putin. And if he and his regime do not quickly exit the scene due to public pressure in the streers, the Russian economy, already in a bad shape, is going one major step down. Russians will be eating bread and drinking vodka, and there will be not much else.
Singapore paved the way for China. Deng Xiaoping learned a lot from Singapore. He had the humility to admit China was in a poor shape. Putin leacks that humility. Ukraine was his Singapore, though not as arrived, but still a few steps ahead of Russia in embracing true democracy, and a proper free market economy.
The Soviet Communist Party got ousted in 1991. But the KGB remained. It is the KGB clique that runs all aspects of Russian life. That is no way to run a major country.
Now it is the KGB's time to go.
What Russia needs is people out in the streets of Moscow to topple this regime.
Ukraine invasion: did China known about Putin’s plans, or was Beijing tricked? It remains unclear what Beijing knew and when about Moscow’s plans, but its implied support for the Kremlin is damaging China’s interests ...... Observers are divided but there are growing doubts about the competence of Chinese intelligence gathering and strategic decision-making .
China-backed AIIB puts Russia and Belarus lending ‘on hold’ over war in Ukraine Russia is a founding member and shareholder of the Beijing-based lender, holding a 6.7 per cent stake ....... China is the biggest member, with a 30 per cent holding in the AIIB, which is seen as a potential rival to the World Bank ............ The China-backed Asian Infrastructure Investment Bank has announced that “all activities relating to Russia and Belarus are on hold and under review” due to Russia’s war on Ukraine. “As the war in Ukraine unfolds, the Asian Infrastructure Investment Bank (AIIB) extends its thoughts and sympathy to everyone affected. Our hearts go out to all who are suffering,” read a statement published on the website of the Beijing-based lender. ........... the bank, which was founded in 2016 and seen by some as a potential rival to the US-backed World Bank. .......... With Russia facing isolation from the multilateral system, there has been intense scrutiny of China’s reaction. ......... a Chinese state bank saw a “surge in inquiries from Russian firms wanting to open new accounts”. ......... Moscow has hiked interest rates, temporarily closed the stock market and imposed strict capital controls. ...... the European Union said it was considering “the possibility of removing [most favoured nation] treatment to Russia on the basis of the WTO national security exception”. .
Putin blows up Brexit While the EU-UK relationship has been acrimonious since the latter left the bloc, Russia’s invasion of Ukraine has seen a rapprochement. ..... While the years following the U.K.’s vote to leave the European Union have been characterized by one-upmanship, failures to communicate and outright disagreements, the days since Russia’s invasion of Ukraine have seen politicians and officials on both sides of the Channel come together to coordinate their response. ....... And despite grave predictions from many on the pro-EU side of the Brexit debate that the U.K. would now be marginalized on the world stage, Prime Minister Boris Johnson has taken his place alongside counterparts in Washington and Brussels as the West grapples with how to respond. Britain, with its military and intelligence strength, and as one of the economies where Russian oligarchs have for decades sought to wash their dirty money, is well-placed to play a key role. .......... NATO, the G7 and the E3 group comprising France, Germany and the U.K. ........ Contact between senior British ministers and the European Commission is now frequent, according to diplomats. ...... Brexit doesn’t change the fact that we are liberal democracies that live in peace, freedom and security, and obviously when that’s threatened, Brexit doesn’t affect our desire to work together at all.” ......... The first British official quoted above said sanctions against Russia issued by Western allies are “all pretty aligned” despite some slight differences among the packages, and it “doesn’t really make sense to say that one side is going faster than the other.” ........ many believe Brexit disputes will resurface with the same strength of feeling once the heat of this crisis is over. .
The fighting is in Ukraine, but risk of World War III is real Conflict could easily escalate into a direct confrontation between Russia and the West, officials and analysts warn. .......... senior Western government officials, diplomats and military analysts acknowledge that there is now a grave danger that the United States and other NATO allies could be drawn into the war — at virtually any moment, as the result of any number of scenarios. ...... “One is a mistake,” said a Washington-based analyst whose work is partly financed by the U.S. government. “They lob a missile into Poland. That is not impossible and then it very quickly escalates. But we have to respond. We can’t not respond.” “Or the outcry against the crimes against humanity is so strong that we feel compelled to take what we think is a limited and judicious action,” the analyst said, speaking on condition of anonymity because of the sensitivity of the situation. “The enforcement of a no-fly zone means killing Russians,” the analyst said. “Anything that we do that results in killing Russians puts us into World War III.” ........ The shelling and a fire at the Zaporizhzhia nuclear power plant in the early hours of Friday morning provided yet another frightening example of the type of emergency scenario that could ensnare a broader international coalition in Putin’s war: to urgently prevent a global catastrophe. But other more mundane scenarios abound. Already, on Wednesday Russian planes violated Swedish air space multiple times. An Estonian cargo ship sunk off the coast of Odesa, apparently after hitting a mine. Any such incident could easily escalate..........
