Monday, February 24, 2014

Shots called, now what?

http://www.economist.com/blogs/easternapproaches/2014/02/ukraines-new-dawn

This articles discusses Ukraine's situation post revolution. People won the independence from corrupt dictatorial regime but whether they won a better life fully independent of Russia is still to be seen. The article discusses control of resources in the hands of a very small elite, consisting of oligarchs and politicians. Former President Yanukovych was one of the leading faces behind the extension of his political career to benefitting his personal business goals. But after the events of last week consisting of violent clashes between protesters and police the reality of the political situation in Ukraine has been revealed to the global community. That reality includes Kremlins influence in the domestic policymaking of Ukraine.

Article asks several important questions, such as what will happened to Russian bail-out package, which has been feeding president's regime? The other question posed is the oil prices and just a general partnership between Russia and Ukraine. It will take years before Ukraine will be strong enough independently to withstand Russia. Therefore, people of Ukraine have to elect the right leaders and become part of the process of rebuilding institutions that will help the country to develop economically. It s a very bright day in the life of the country and its people but the future is still very uncertain.

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