A massive show of force by the Russian military on the anniversary of its disputed annexation of Crimea has raised questions about Moscow’s defiance over eastern Ukraine, and led to concerns that President Putin could be seeking more “foreign distractions.”
With rising domestic problems in Russia and the prospect of more sanctions looming, the likelihood of further foreign “provocations” by Russian President Vladimir Putin have increased, according to a closely-watched political analyst.
“Rising domestic socioeconomic stresses in Russia – caused by dwindling oil revenues and the impact of Western sanctions – will fuel President Putin’s anti-western rhetoric and increase the likelihood of him seeking foreign ‘distractions’,” Alastair Newton, senior political analyst at Nomura, said in a note Wednesday.
“We therefore expect Russian provocations in its ‘near abroad’ to continue, including in NATO territory, short of an outright ‘land grab’.”
via CNBC
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