Thursday, 11 September 2014

11 September

This is a special day because of what happened thirteen years ago. But it is a bit worrying that the news of this day is about an escalation of the tensions between the EU and Russia. On the European side, today was decided to go ahead with the new round of sanctions against the other side. In Russia, the announcement was about military state of alertness and readiness and other conflict-related statements. This is indeed bad news. And this time the markets are getting very nervous about these developments. If you add to it the fact that the latest opinion poll in China and Japan shows that the public opinion of both countries is getting more and more antagonist, more convinced that conflict between them will erupt, then we can say we have a strange feeling about the state of peace in some parts of the world that are not far from our own yard. 

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