Tuesday, March 19, 2013

Appearances...

So many options for Russia. They certainly cannot let Cyprus revert back to its own currency without serious limitations on inflation...a measure hard to accomplish since servicing external debts is the major problem here.

So the measure failed at the political level, which opens up many more options for Russia and make them the only player in town.

The U.S. has been strangely silent...especially considering the strategic value of oil and gas reserves in play on the way to the gulf...

No comments: