Wednesday, March 26, 2014

Impacts of Crimea annexation with Russia on the World

On 26th March 2014, twitter hash tag ‘#My Sanctions’ of Russians to forbid Obama and his administrators from red caviar to Russian vodka is initiated. This instantiates the sulk in people against G8 members to abstain the Russia. US and European union has decided to work together to prepare possible tougher sanctions in response to Russia’s annexation of Crimea from Ukraine, including energy sector and make Europe less dependent on European gas. G8 members are doing this unfair with Russia although Crimea have voted 96% in favour of Russia in referendum voted by 82% Crimean folks. The move has been made although G8 do not have any formal mechanism for expelling or suspending any of the members.
BRICS countries have also condemned and disapproved the G8 countries move to make it G7. G8 is World’s one of the most exclusive clubs. G8 summit scheduled in Sochi of Russia in early June would be a G7 gathering on 70th D-Day anniversary in France. D-Day is celebrated to pay tribute to martyrs of World War II. India’s stand is on Russia’s side as results of referendum are on the side of Russia. However Russia is India’s most important strategic partner in international relations. Defence trade between India and Russia is noteworthy.
Russian Foreign minister Sergei Lovrov replied this crisis as "So be it". "If our western partners believe the format has exhausted itself, we don’t cling to this format", Lovrov added. Canada’s Stephen Harper was the tip to start the allegation. Harper said "We don’t believe it will be a big problem if it does not convene". Now G7 group includes US, UK, Canada, Japan, Germany, Italy, and France.
Norwegian Nobel Institute declared 278 candidates for Nobel peace prize nomination. Russian president Vladimir Putin is also one of the nominees who were being acknowledged for his work to defuse Syria crisis in 2013. Also Putin had intervened veto call in United Nations Security council to the war initiation by USA on Iran for nuclear bombs. This is embarking the spark to the cold war in US and Russia again. Groups of countries are getting formed in the world.