A Possible Solution for Peace in Ukraine

The latest peace talks in Ukraine collapsed after two hours. The discussion currently focuses on the part of western Donetsk which is currently under Ukrainian control. Russia insists on annexing the area. Some ideas to make this more palatable for the Ukrainians include making the area a demilitarized zone (with the security provided by Russian police and border guards) or a “free trade area” (whatever that means).

These proposals are unacceptable to Ukraine. Zelensky rightly complains that Trump is pushing for Ukraine to make concessions but demands no concessions from Russia.

A concept that has not been raised is the idea of swapping western Donetsk for some of the territory in Zaporizhzia and Kherson oblasts currently under Russian occupation.

This would allow Putin to claim that he has liberated western Donetsk and protected the Russian speakers in that area from the oppression by the “Nazi Kyiv regime”.  At the same time, Ukraine regaining territory in the south could be acceptable to the Ukrainian government and its people.

How much land would be returned to Ukraine is obviously a question of negotiation. Ideally the whole of the Kherson and Zaporizhzhia oblasts currently under occupation should be a starting point. Negotiations on the area could involve issues like equal pre-war populations or equal pre-war economic output. Another issue would be land access between Russia and Crimea – this could be achieved through a rail and road corridor from Russia to Crimea, similar to the connection between Russia and Kaliningrad in the north.

The other major issue in the peace negotiations is the question of security guarantees for Ukraine. There appears to have been some agreement on this, though Russia insists that there should be no NATO boots on the ground in Ukraine. This can be circumvented by having EU troops rather than NATO troops in Ukraine, with a preference for troops from the West of EU such as Spain, Portugal  or Italy and no military presence from East Russia (AKA United States of America).

The EU after Brexit – A Vision for Success

Much has been written about the effects of Brexit on the UK, but there has been little thought given to the future of the EU itself.

The problems of the EU are well known. What Europe needs is a Julius Caesar, Charlemagne, Napoleon or a Bismark (or all of them). Angela Merkel showed hints of European leadership, until her disastrous error in allowing unlimited numbers of “refugees” into Germany. Even though there is the lack of leadership, clear common goals and periodic crises, the EU muddles through, in spite of the British press gleefully predicting the imminent break-up of the EU and the collapse of the Euro

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Where Will Putin Strike Next?

Under Vladimir Putin, Russia has become more assertive, trying to regain its status as a superpower.

Every time Russia has made a strike, it seems that the West was caught completely by surprise. Clearly, the Western intelligence services (CIA, CSIS, MI6, Surete) have failed spectacularly.

In view of the failure of the Western intelligence services, I shall try to help them by identifying a couple of probable targets for Putin’s next strike.

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Taxing the Multinationals

 

Recently, the EU has ruled that Apple owes Ireland €13 billion in back taxes. The CEO of Apple reacted with the sort of indignation only an American can achieve when dealing with non-Americans. Columnists tended to side with Apple on the basis of their ideological biases.

Yet the central issue of taxing corporations is that globalisation and the rise of mega-corporations has not been mirrored by a rise in inter-governmental co-operation. Only such co-operation can deal with the problems.

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The Hypocrisy of Angela Merkel

The chief reason the British voted to leave the EU was the issue of immigration. Before the vote, David Cameron (Britain’s Prime Minister) “re-negotiated” the relationship of Britain with the rest of the EU. However, he was unable to get any concessions on EU immigration because it is one of the “four freedoms” which is central to the EU.

Could there be a conspiracy at work?

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Is Boris Johnson’s Optimism about London’s Financial Centre Justified?

In his first trip to the US, Boris Johnson, Britain’s new Foreign Minister and a leader in the Brexit campaign, claimed that UK financial firms will keep EU ‘passporting’, which allows banks to sell their services to clients across the EU. He claimed that the “City” (as London Financial district is called) offers the deepest pools of liquidity, talent and skill for the capital formation needs of businesses across Europe (Julian Ambrose, in Daily Telegraph, July 23rd).

The “talent and skill” is crucial. As someone who was brought up in the UK, I cannot shake the suspicion that, for every financial whizz-kid in the City, there are ten upper-class twits (good example of an upper-class twit – John Cleese in the Monty Python sketch “The Ministry of Silly Walks”).

Is Johnson’s optimism justified? Several reasons suggest that it is not: Continue reading “Is Boris Johnson’s Optimism about London’s Financial Centre Justified?”