The West waits for Putin’s next move as Russia-Ukraine tensions rise – CNBC

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The Kremlin said Wednesday it was concerned by rising tensions in eastern Ukraine and that it feared Kyiv’s forces could do something to restart a conflict.

“We express concern over the growing tension and express concern that one way or another the Ukrainian side could take provocative actions that would lead to war. We really don’t want to see that,” Kremlin spokesman Dmitry Peskov said, according to Reuters.

“I mean a civil war, which there already was there,” Peskov said, when asked to clarify on a conference call with reporters.

Speaking on Tuesday to German Chancellor Angela Markel and French President Emmanuel Macron, who have tried to broker a peace deal between Russia and Ukraine, Russian President Vladimir Putin expressed “serious concern about the escalation of armed confrontation on the contact line being provoked by Ukraine” and, as Russia sees it, Ukraine’s “refusal” to honor agreements that were part of the latest cease-fire coordinated in July.

Timothy Ash, senior emerging markets strategist at BlueBay Asset Management, noted on Wednesday that “it feels like Putin is trying to test and probe the West’s defences and resolve to confront him — maybe this is a prelude to a new military offensive in Ukraine.”

“It feels like Putin is readying for some big step — maybe a diversion for his own problems at home with Navalny and focus on … State Duma elections. A victory in Ukraine would throw some red meat again to the nationalist crowd in Russia and expose the weakness again of the West,” he added, referring to jailed Russian dissident Alexei Navalny.

Ash advised Russia watchers to keep an eye on water shortages that have been experienced in Crimea. the roots of which were laid seven years ago when Ukraine shut off the North Crimean Canal, cutting off the majority of the region’s fresh water supply.

“If anywhere I would watch south and to the water problems being experienced in Crimea. The risk is that Russia is trying diversionary tactics in Donbas when the bigger prize would be a military thrust into Ukraine to capture water courses which supply Crimea with water,” Ash said.

“Maybe Putin thinks the West is weak and divided and unable to respond,” Ash continued, citing inadequate sanctions by the Joe Biden administration on, for example, the Nordstream gas pipeline, over the SolarWinds hack that breached U.S. government networks, and 2016 election meddling “as a signal that the U.S. is just petrified to act for fear of what Russia might do.”

Source Article from https://www.cnbc.com/2021/04/01/russia-and-ukraine-tensions-grow-again-on-the-border.html

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