Putin Gets Caught in His Own Trap

[cryptocoiner]

Putin Gets Caught in His Own Trap

Are little green men about to appear on the North Pole?

Russia’s claim last week, using an extremely creative interpretation of international law, to exclusive economic rights to nearly half a million square miles of the Arctic Sea was certainly a head-scratcher. Sure, the territory is valuable due to its untapped reserves of fossil fuels and for the shipping lanes that will open as Arctic ice melts. But the claim is likely to ultimately be rejected by the United Nations.

Still, sparking a manufactured international crisis over the Arctic, one that pits Russia against the United States and Canada, might be just what the doctor ordered. Why? Because Vladimir Putin needs to make a new action movie to distract his people. The Kremlin leader is boxed in on so many fronts right now that he badly needs to change the subject.

more - http://www.theatlantic.com/international/archive/2015/08/putin-russia-ukraine-energy/401003/

[Snail2]

Starting with the lowest bid or the highest ask is the number one rule in any kind of negotiations. If you have to raise your bid, or lower your ask you are still in profit, while you let the other side to make some gains, therefore you have a better chance for a win-win situation. Putin just have made his opening steps in this bargaining.

[Sourgummies]

Real question is Santa wanting to be Russian?

[ridery99]

Arctic ice melts.

greenhouse effect is a hoax. nothing is melting, ask reddit banned deniers about that

[DarkForces]

Real question is Santa wanting to be Russian?

Not after we get through with the fat fuck.

[Souldream]

Let's keep oil price down for 1 / 2 years ... let's see how Russian so powerfull economic will collapse again.... as no money to fed up people but for War machine = endless credits :-)

[bryant.coleman]

Let's keep oil price down for 1 / 2 years ... let's see how Russian so powerfull economic will collapse again.... as no money to fed up people but for War machine = endless credits :-)

Nothing will happen to Russia even if the oil price remains at sub-50 levels for the next 10 years. Because, Russia has other natural resources which can be exported (such as Coal, Uranium, Diamonds, Nickel, Timber, Potash, Steel, Chromium, Aluminium, Platinum, Palladium, Gold, Copper, Manganese.etc). Also, Russian defense sales are on the upswing, bringing in tens of billions of USD every year.

On the other hand, the American allies (especially Saudi Arabia and Kuwait) will be left bankrupt, if the oil price remains at <$50 for two more years. Already Saudi Arabia has started borrowing money. The fun will really start very soon.