The facts are that Putin is not erratic or crazy, but is rational and predictable. He knows the West is divided and he is executing his plan like the KGB officer that he is. He wants total control over Europe's gas markets, and accompanying influence, and has done, and will do, whatever it takes to achieve this.
The Harper government has mastered the art of selective morality. When it is convenient, Mr. Harper takes cover behind international law to attack those he disagrees with on ideological or religious grounds. And those with whom he has an ideological or religious connection, his government wilfully ignores their indiscretions. This selective application of morality is at odds with the principles of social justice, which all Canadians hold dear.
There is no fundamental difference between the conflict in Ukraine and that between Israel and Hamas. Each group in question sees itself as having its back to the wall. Each has had the bitter experience of trusting allies who let it down. This does not justify shooting down a plane filled with innocent people, but the fear of destruction that drives people to such exigencies is a terrible thing.
The country as a whole has embraced Poroshenko and his message that he stands outside the rough-and-tumble world of electoral politics, Ukraine-style. Voters are hopeful that since he has already amassed his fortune, he will be less inclined to help himself to the government coffers, a common compulsion of elected officials in Ukraine.
Given Canada's proximity to the United States, we tend to take our peace and security for granted. This comfortable distance from most of the world's violence has also led us to underestimate how useful Canada might be in defusing threats elsewhere using an item some people overlook as leverage: energy. Canadians might have a general sense that oil in particular matters to world affairs; but given that Canada has never been a superpower, it has never been responsible for the wider world order to ensure that oil (or natural gas) flow to countries that need it. Given recent developments at home and abroad, that blissful unawareness merits re-thinking.
Cash has been plentiful in emerging markets. Between 2009-2012 as quantitative easing ramped up, there was a massive expansion in borrowing on global bond markets by emerging market (EM) sovereigns, banks and companies. As a result, EM economies are now closely integrated into global debt markets, and thus more affected by actions taken in Developed Markets (DMs), particularly the withdrawal of quantitative easing (QE).