Eyewear has been watching developments closely in Crimea, and as we predicted in earlier posts, the Russians have taken a hard line, and today it is reported they have effectively taken control of Crimea with their troops. This is huge. This is war in Europe - Russia has invaded a sovereign nation. Consider Germany (in 2014) occupying a part of Austria - unthinkable. Uncivilised. Unwelcome. And, unlikely to be stopped. The West seems powerless to do more than threaten to cancel meetings (though Obama sounds tough). Ukraine may fight back. They have an army of one million reservists and a rusty but large air force, with a lot of their own tanks. If Crimea becomes a firefight, it will be all about containment - keeping the conflict local, if possible. We have begun a new cold war, as many papers report today - but if the Russia-Ukraine war spreads to the main part of Ukraine, then all bets are off, and NATO would be expect...
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