European leaders now face the unenviable task of persuading their voters that the economic distress they will suffer is a price worth paying
Putin looks set to win his bet against the fractured West. His calculation on swallowing up Ukraine without Nato intervention sufficient to stop him was based on at least some realities – namely his own successful exploitation of Western inaction in Syria, US failure in Iraq and Afghanistan, and France being driven from Mali after a 10 year campaign….