…look where Greece has ended up after five years of crisis resolution. It has had one of the worst performances in economic history; yet we have just concluded an extension of the same policy.

Can this be sustainable? The pragmatists in Europe’s chancelleries say they can roll over loans indefinitely at very low interest rates. Economically, this is the equivalent of a debt writedown; yet politically it is easier to deliver because you do not need to recognise losses. The equivalent statement in a military conflict would be: if you renew a ceasefire often enough, you end up with peace.

This type of argument is not only immoral and dishonest. It also does not work. While you play this game of ex­tend-and-pretend, the real economy implodes: austerity has caused a meltdown in income and employment. Monetary policy mistakes caused a fall in eurozone-wide inflation rates that made it impossible for Greece and other periphery countries to improve the competitiveness they lost in the early years of monetary union.

If the EU deals with Ukraine in the same way it dealt with Greece, you can expect to see a parallel development in a few years.

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Last month, the speaker of the Russian parliament solemnly instructed his foreign affairs committee to launch a historical investigation: was West Germany’s ”˜annexation’ of East Germany really legal? Should it be condemned? Ought it to be reversed? Last week, the Russian foreign minister, speaking at a security conference in Munich, hinted that he might have similar doubts. ”˜Germany’s reunification was conducted without any referendum,’ he declared, ominously.

At this, the normally staid audience burst out laughing. The Germans in the room found the Russian statements particularly hilarious. Undo German unification? Why, that would require undoing the whole post-Cold War settlement!

Which is indeed a very amusing notion ”” unless you think that this is exactly what the Russian speaker, the Russian foreign minister, and indeed the Russian President, a man who once called the collapse of the Soviet Union ”˜the greatest geopolitical catastrophe of the 20th century’, are in fact trying to achieve.

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A peace plan drawn up by France and Germany is “one of the last chances” to end the conflict in east Ukraine, French leader Francois Hollande says.

German Chancellor Angela Merkel said it was unclear if the plan would succeed, but it was “definitely worth trying”.

Mr Hollande said the plan would include a demilitarised zone of 50-70km (31-44 miles) around the current front line.

The leaders are attempting to end the fighting in Ukraine between government troops and pro-Russia rebels.

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Now, with the new offensive in the Dontesk and Luhansk People’s Republics, Moscow is looking to decisively win the battle in the Donbas (the name for these two regions) by propagating terrorism and political instability across Ukraine. The terrorists’ training takes place at Novaya Rus (New Russia) coordinating centres in the Russian cities of Belgorod, Tambov, Taganrog, and Rostov; in Moldova’s frozen conflict zone of Transdniestr; and in Crimea’s port of Sevastopol, home of the Black Sea Fleet. Captured terrorists from the Svat group, who were active in the Mariupol region, have testified to attending training camps in Sevastopol. There, they say, they were taught how to build bombs, wage guerrilla urban warfare, and conduct reconnaissance and intelligence operations behind enemy lines. The Russian military intelligence service (GRU) and Russia’s Federal Security Service (FSB) lead the training.

At their training, the terrorists are given five strategic goals. First, blow up train lines and key government buildings, launch small-scale hit-and-run attacks on offices at military”“industrial plants, and bomb pro-Ukraine rallies, military recruiting centres, and National Guard training facilities. Second, destabilize the country and provoke panic using whatever means at hand. The third goal is to collect intelligence on the movements of Ukrainian armed forces and National Guard battalions to help plan future terrorist attacks. Fourth, terrorists are supposed to establish underground print shops to publish pro-Russian separatist leaflets and newspapers. And finally, they are told to infiltrate Ukrainian National Guard battalions.

The training, to some degree, is working. …

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This year recorded the highest number of children caught in conflict zones who were directly and deliberately attacked. The targeting of children in conflict is not new, but it’s rising at an alarming rate. In 2014, more children were killed, kidnapped, tortured, raped, forcibly recruited by armed groups and even sold as slaves than at any time in recent history.

The numbers are grim. In Pakistan, over 130 students ”” most of them 12 to 16 years old””were slaughtered in a Taliban attack on a school in Peshawar earlier this month. In the Central African Republic, where 2.3 million children are entangled in a long-running sectarian conflict, as many as 10,000 children are believed to have been recruited as child soldiers, and more than 430 children were killed and maimed this year ”” three times as many as in 2013. When violence erupted in Israel and Gaza last summer, more than 530 children were killed, at least 3,370 children injured, and 54,000 children were left homeless, while countless others hid in fear from rockets, artillery and air strikes.

In Syria, where civil war, now approaching its fifth year, has created 1.7 million child refugees, there were at least 35 attacks on schools, killing and injuring hundreds of children. In Iraq, at least 700 children are believed to have been maimed, killed or even executed this year. In South Sudan, an estimated 12,000 children have been recruited and forced to fight in an ongoing civil war that has caused more than a million children to flee their homes. In Ukraine, 128,000 children have been displaced by violence.

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The crisis in Ukraine is at risk of spinning out of control, a top U.S. diplomat said, as European leaders remained split over imposing deeper sanctions on Russia for backing a rebellion that’s killed thousands of people.

Russia must stop violating a Sept. 5 cease-fire agreement signed in Minsk, Belarus, Samantha Power, U.S. Ambassador to the United Nations, told journalists today, citing a growing number of military convoys in Ukraine’s rebel-held regions and increased shelling of the Donetsk airport. Ukraine’s foreign minister said his country is prepared to defend itself after NATO warned Russia was sending combat troops across its border. Russian President Vladimir Putin denies military involvement.

“Is there a risk that the situation is getting out of control? Yes, there is that risk,” Power said. It’s “an extremely worrying period.”

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Ukraine’s east lurched back toward open war as the government in Kiev and pro-Russian rebels accused each other of starting major offensives in the region.

The Ukrainian government said there were 26 outbreaks of fighting yesterday between its forces and separatists in the east, while the rebels said the Kiev government’s troops had gone on a large-scale military push there.

The standoff is coming to a head after Ukraine and its allies accused separatists of undermining peace efforts with Nov. 2 elections in Donetsk and Luhansk. Russian President Vladimir Putin said Nov. 5 that Ukraine’s “civil war” isn’t subsiding as cities continue to come under shelling and the civilian death toll rises.

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Vladimir V. Putin, the Russian leader, they say, got everything he wanted by attacking Ukraine overtly in Crimea and covertly in the southeast.

The vague cease-fire terms in the southeast are likely to only freeze the conflict. It could leave Russia’s thuggish proxies running the area and create a permanent geographic Taser that Moscow could use to zap Ukraine at will, leaving it unstable and less than sovereign.

The association agreement with the European Union ”” described by its advocates as the catalyst for broad reform ”” has been delayed until the beginning of 2016 because of Russian objections, leaving its fate uncertain.

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It was the time of unraveling. Long afterward, in the ruins, people asked: How could it happen?

It was a time of beheadings. With a left-handed sawing motion, against a desert backdrop, in bright sunlight, a Muslim with a British accent cut off the heads of two American journalists and a British aid worker. The jihadi seemed comfortable in his work, unhurried. His victims were broken. Terror is theater. Burning skyscrapers, severed heads: The terrorist takes movie images of unbearable lightness and gives them weight enough to embed themselves in the psyche.

It was a time of aggression. The leader of the largest nation on earth pronounced his country encircled, even humiliated. He annexed part of a neighboring country, the first such act in Europe since 1945, and stirred up a war on further land he coveted. His surrogates shot down a civilian passenger plane. The victims, many of them Europeans, were left to rot in the sun for days. He denied any part in the violence, like a puppeteer denying that his puppets’ movements have any connection to his. He invoked the law the better to trample on it. He invoked history the better to turn it into farce. He reminded humankind that the idiom fascism knows best is untruth so grotesque it begets unreason.

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Mr Putin’s first choice was to suborn Ukraine without invading it, but by demonstrating his willingness to use force, he has sown fear””and, for Mr Putin, fear is the basic currency of politics. A puny, divided response has emasculated the West, which he thinks is bent on weakening and encircling Russia. For him, Russia’s post-Soviet history has been a catalogue of American-inflicted humiliation, which it is his mission to reverse. He wants his neighbours to be weak more than he wants Russians to be prosperous; he prefers vassals to allies.

This world view””a noxious compound of KGB cynicism and increasingly messianic Russian nationalism””propelled him into Ukraine. The idea that his adventurism will end in the Donbas is as naive as the theory that he would be satisfied when his troops wrenched Abkhazia and South Ossetia from Georgia in 2008. This week Mr Putin rattled his sabre at Kazakhstan, still ruled by the elderly Nursultan Nazarbayev: any succession squabble would be an opportunity. Estonia, Latvia and Lithuania, small, ex-Soviet countries, have Russian-speaking minorities of the kind Mr Putin has undertaken to “protect”. These Baltic states joined NATO in 2004. But what if a Russian-financed separatist movement sprang up, a Baltic government claimed this amounted to an invasion and its NATO allies refused to help? The alliance’s bedrock””its commitment to mutual self-defence””would be shattered.

Mr Putin’s revanchism must therefore be stopped in Ukraine.

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Ukrainian President Petro Poroshenko on Wednesday announced a cease-fire in eastern Ukraine, although major questions remained about whether it would be implemented.

The surprise decision comes as Russian-backed rebels in eastern Ukraine have made rapid strides to retake territory in the last week, after apparently receiving an infusion of support from Russia, which the Kremlin denies.

Poroshenko’s office announced the cease-fire in the eastern Donets Basin region, also known as Donbas, after a telephone conversation with Russian President Vladimir Putin.

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It has become a commonplace idea that today’s frothy financial markets are oblivious to the stream of bad news from eastern Europe, not to mention the Middle East. But that does not mean the news is not really bad at all. New York and London were equally blasé about the origins of the first world war. It was not until three weeks after the Sarajevo assassination that the London Times even mentioned the possibility that a European political crisis might lead to financial instability. Nine days later the stock exchange closed its doors, overwhelmed by panic selling as investors suddenly woke up to the reality of world war. Let no one reassure you that this crisis has somehow been “priced in”. No one priced in the guns of August 1914.

This should give not only historians pause. If great historical events can sometimes have causes that are too small for contemporaries to notice, might not a comparable crisis be in the making today? What exactly makes our July crisis different? Is it because we now have the UN and other international institutions? Hardly: with Russia a permanent member of the UN Security Council, that institution has been gridlocked over Ukraine. Is it because we now have the EU? Certainly, that eliminates the risk that any west European state might overtly take Russia’s side, as France and Britain did in 1914, but it has not stopped EU members with significant energy imports from Russia fighting tooth and nail against tougher sanctions.

What about the role of globalisation in diffusing international conflict? Sorry, you could have made the same argument 100 years ago (indeed, Norman Angell did, in his book The Great Illusion). Very high levels of economic interdependence do not always inoculate countries against going to war with each other.

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Russians largely back their country’s tough stance on Ukraine, which earned Russia more economic sanctions from the U.S. and Europe this week. Nearly two-thirds of Russians surveyed before the latest round of sanctions believe Russia needs to have a “very strong position” in relations with its neighbor. One in five Russians still believe their country needs to have good relations with Ukraine by all means.

Russians’ attitudes could reflect the stronger position they may feel their country is already in after Russia’s seizure and annexation of Ukraine’s Crimea region in March. Although the U.S. and other Western powers largely condemned the action, imposing sanctions and other penalties against specific individuals and businesses in Russia, nearly all Russians (95%) who are following the news about Crimea say they support Crimea joining Russia.

The earlier sanctions did little to dampen the average Russian’s enthusiasm for the country’s leadership, with President Vladimir Putin’s popularity in Russia vaulting to its highest level in years, and record-level confidence in the country’s military, the national government, and the honesty of elections. The previous sanctions also did not appear to affect Russians’ views of their country’s economy, with more Russians seeing their economy as getting better now than has been the case since 2008.

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U.S. and European Union sanctions against Russia’s Vladimir Putin threaten to shut off some of the world’s largest energy companies from one of the biggest untapped energy troves on the planet.

As violence escalates in eastern Ukraine between government and separatist forces, the EU yesterday sought to punish Russia for its involvement by restricting exports of deep-sea drilling and shale-fracturing technologies. The U.S. followed suit, with President Barack Obama announcing a block on specific goods and technologies exported to the Russian energy sector.

“Because we’re closely coordinating our actions with Europe, the sanctions we’re announcing today will have an even bigger bite,” Obama told reporters yesterday at the White House. “Russia’s energy, financial and defense sectors are feeling the pain.”

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The downing of Malaysia Airlines jet MH17 in eastern Ukraine may constitute a “war crime”, the UN human rights chief Navi Pillay says.

Ukraine and Western governments believe pro-Russian rebels shot down MH17, using a missile system supplied by Russia. All 298 people on board – most of them Dutch – died on 17 July.

Moscow and the rebels have blamed Ukrainian forces for the plane crash.

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Although we may refer to militants in eastern Ukraine as “pro-Russian separatists,” we are not confused by who, and what, they really are: an extension of the Russian state. They derive their material, political and logistical support from the Putin regime, and their criminal aggression and recklessness reflect the values of their Russian benefactors. Some have suggested that these agents of the Putin regime may have shot the plane down by accident. We do not, and may never, know. But accident or no accident, the blood is on the hands of the men who took such a risk and of the government that encouraged them to do so. Even if they did not intend to kill hundreds of innocent civilians, there is no denying their intent to continue waging a war on behalf of a regime that remains in violation of international law for its illegal occupation of Crimea.

Russia’s aggressive militarism and expansionism are a threat to more than just Ukraine; they are a threat to Europe, to the rule of law and to the values that bind Western nations. Canada will not stand idly by in the face of this threat.

That is why we have taken a strong stand, imposing a broad range of sanctions against those entities and individuals responsible for the ongoing crisis in Ukraine. Since the start of the crisis in Ukraine, Canada has imposed sanctions on nearly 150 individuals and entities. Earlier this week we broadened our approach, announcing economic sanctions against key sectors of the Russian economy.

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Two of the EU’s most senior figures have urged the bloc’s prime ministers to approve a sweeping set of new sanctions against Russia next week.

The move marks the clearest signal to date that Europe is prepared to change its cautious approach towards the Kremlin over the Ukraine crisis.

In a letter sent late on Friday to Europe’s prime ministers, Herman Van Rompuy, the European Council president, said the sanctions package ”“ which is directed at Russia’s financial, energy and defence industries ”“ “strikes the right balance”.

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President Vladimir Putin will resist mounting pressure to abandon pro-Russian rebels immediately while seeking to convince the world that Ukraine, not the insurgents, shot down Malaysian Air Flight MH17, according to three people familiar with Kremlin discussions.

Putin and his inner circle are nervous that the intensifying standoff with the U.S. and its allies over the insurgency in Ukraine may cripple Russia’s economy, the people said. Still, Putin won’t back down because he refuses to be seen as weak, one of the people said.

The international outrage over the attack on the Boeing Co. 777, which killed 298 people, and the sanctions imposed and threatened by the U.S. and the European Union over Russia’s policies in Ukraine have created a new reality that the leadership is struggling to adapt to, one Putin adviser said. The U.S. says the jet was probably downed by separatists using a Russian-supplied missile and launcher, which they deny.

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Two Ukrainian fighter jets were shot down Wednesday over separatist-held territory not far from the site of the Malaysia Airlines crash as international outrage over the tragedy has done little to slow the fierce fighting in eastern Ukraine.

While Kiev made significant advances against rebels in the country’s east in recent days, Ukrainian and U.S. officials say Russian weapons are continuing to pour over the border. The escalation in fighting suggests Russian President Vladimir Putin has no intention of dialing back his support for the separatists, denting Western hopes that international attention from the airliner crash would force him to change course.

“The fact that you have two additional planes shot down speaks to the pattern we’ve seen over the last several weeks””which is Russian-backed separatists, armed with Russian anti-aircraft [weapons], posing risks to aircraft in Ukraine,” said Ben Rhodes, a deputy White House national security adviser.

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The U.S. leveled its most-explicit allegations yet of Russia’s involvement in the downing of Malaysia Airlines Flight 17 and subsequent efforts to conceal evidence, and European leaders threatened broad new sanctions against Moscow, marking a turning point in the standoff between the West and the Kremlin.

Secretary of State John Kerry on Sunday warned Russian President Vladimir Putin “for the last time” to accede to Western demands to disarm pro-Russian separatists and stabilize Ukraine.

Officials in Europe, meanwhile, departed from their initially muted reaction as anger grew across the continent over the attack that left 298 people dead and the chaos at the crash area in eastern Ukraine. Reports that bodies were being handled haphazardly and that separatist guards on the scene were drunk have caused fury in European countries where victims came from, including the Netherlands.

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…in the past 48 hours, open-source intelligence ”“ and information gathered by national intelligence agencies ”“ has built up a compelling body of evidence that seems to point to what ”“ and who ”“ shot down the Malaysia Airlines jet and its 298 innocent passengers over eastern Ukraine.

It suggests pro-Russian separatists and Russian military personnel shot down MH17, by mistake, with a Buk-M1 surface-to-air missile launcher from near the towns of Snizhne and Torez, according to briefings given by Ukrainian and US intelligence officials at the weekend.

The officials say the missile system was probably supplied by Russia and smuggled across the border into eastern Ukraine in recent weeks.

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Sister Philomene Tiernan, a Catholic nun living in Sydney, Australia, is being mourned by her community after being confirmed as a victim of Malaysia Airlines flight MH17, shot down over Ukrainian airspace on Thursday.

A statement issued by the Kincoppal-Rose Bay School of the Sacred Heart mourned her loss, as she had been associated with their community for over 30 years. “We are devastated by the loss of such a wonderfully kind, wise and compassionate woman, who was greatly loved by us all. Phil contributed greatly to our community and she touched the lives of all of us in a very positive and meaningful way,” said Principal Hilary Johnston-Croke.

“Her entire existence was to bring good into this world,” wrote Lucy Thackray, a former student of Tiernan’s in a Daily Mail Tribute. “But she gave unwavering guidance and taught people that faith in God, in themselves, and in the world would carry you through the journey.”

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The AIDS community is in shock over the news that dozens of its members were aboard the Malaysia Airlines flight that was apparently shot down Thursday. The sorrow is particularly widespread over the death of , a Dutch researcher and advocate, who played a pivotal role in the AIDS movement for more than three decades.

“We’ve lost one of the giants in our field,” says Dr. , who heads the Harvard School of Public Health AIDS Initiative. “We’ve lost a voice that I don’t think is easily replaced.”

Colleagues of Lange said his career embodied some of the most important shifts in the way scientists have approached the fight against HIV/AIDS: He gave patients and advocates more of a say in setting the research agenda, and he worked with governments and businesses to ensure that breakthroughs in treatment become available to even the poorest patients.

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Pro-Russia separatists who are believed to have used the “Buk” antiaircraft missile system to shoot down a Malaysian airliner in eastern Ukraine probably needed Russian assistance to operate it, senior U.S. officials said Friday.

The Russian-designed missile system, also known as an SA-11, “is a sophisticated piece of technology, and it strains credulity to think that it could be used by separatists without at least some measure of Russian support and technical assistance,“ Rear Adm. John Kirby told reporters at the Pentagon.Read it all.

Pro-Russian rebels shot down a Malaysian airliner over Ukraine after mistaking it for a military transport plane, according to phone-tapped recordings released by authorities in Kiev.

The recordings suggest that Malaysia Airlines Flight MH17, which had 283 passengers and 15 crew aboard, was targeted by a Cossack unit supporting the separatist forces in the Donetsk region.

It took the rebels about an hour to get to the scene of the crash and work out that the plane was not, as they had thought, a Ukrainian air force Antonov-26 but a passing passenger plane – prompting a Cossack commander to suggest that the aircraft must have been carrying spies.

”They shouldn’t be ****ing flying. There is a war going on,” he says.

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President Vladimir Putin’s intransigence over Ukraine risks turning him into a global pariah should the blame for downing a Malaysian Air jet fall on pro-Russia rebels.

The crash of the Boeing Co. (BA) 777, which had 298 passengers on board, follows by less than 24 hours the imposition of new sanctions against Russia that targeted major energy companies and banks. While the rebels denied accusations by the Ukraine government that they shot down the flight, the U.S. said this week that the separatists were being supplied with more heavy weaponry from Russia.

“If there is solid evidence that it is the militants who did it and the weapon originated in Russia, there will be really strong pressure on Putin to really contribute to de-escalation,” Masha Lipman, an analyst at the Carnegie Moscow Center, said by phone. “This should change the way all nations, and not just the West, regard this conflict in Ukraine, and Russia’s role in it.”

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Shorty after the sanctions were unveiled, US President Barack Obama made a statement where he said these measures were designed to bring no inconveniences to US companies and its allies.

“These sanctions are significant, but they are also targeted – designed to have the maximum impact on Russia while limiting any spillover effects on American companies or those of our allies,” Obama vowed.

But Putin reminded about the existing agreement between Russia’s oil giant Rosneft and ExxonMobil that has granted the US-based energy corporation access to the Russian hydrocarbon reserves in the Arctic.

“So, don’t they want it [ExxonMobil] to work there? They are dealing damage to their biggest energy companies – and to what purpose?” Putin wondered speaking at a press conference on Thursday.

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Violence in Ukraine escalated sharply Tuesday, as artillery shells and airstrikes pierced the relative calm of a 10-day cease-fire hours after President Petro Poroshenko allowed it to expire.

Both sides appeared to be readying for a protracted battle after days in which the fighting diminished but did not disappear. It remained unclear whether the Ukrainian military, which has battled pro-Russian separatists since mid-April, would be able strike a decisive blow against the rebels, who have seized territory in eastern Ukraine.

The longer a conflict drags on, the greater the risk of further civilian casualties and the harder it will be for Ukraine’s new government to stitch the society back together. Ukraine’s economy presented a formidable challenge even without a growing insurgency in the country’s industrial heartland. The foreign ministers of Ukraine, Russia, Germany and France planned to meet Wednesday in Berlin in a last-ditch effort to restart negotiations, the Russian Foreign Ministry said late Tuesday.

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The lands lying between the Baltic and the Black Sea have had many names: the “bloodlands” of the second world war, the “captive nations” of the cold war, the “ex-communist” countries of the post-Soviet era and, for many, the “new members” of the European Union. Before the 2003 Iraq war, Donald Rumsfeld, America’s defence secretary, praised “new Europe” as pro-American, unlike “old Europe” (ie, France and Germany). The French president, Jacques Chirac, then chided the easterners as having “missed a great opportunity to keep quiet”.

The nomenclature must now change again, because of Ukraine. In its response to Vladimir Putin’s revanchism, Mr Rumsfeld’s new Europe is remarkably similar to the old one: divided roughly between north and south. Poland and the Baltic three are hawkish, believing that Russia has irrevocably changed the post-war order; Bulgaria and Hungary are among those opposed to tough sanctions who hope that business with Russia will somehow return to normal.

This spectrum might be a welcome sign of normality, if only the stakes were not so high. The divisions of eastern Europe aggravate those of the EU as a whole. Nobody tells easterners to shut up any more; even France is wooing them. But if the countries closest to Russia, with direct experience of Soviet occupation, cannot agree on sanctions, why should others endanger their still-fragile economies?

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The G7 group of nations agreed on Saturday to impose sanctions on Russia over its meddling in Ukraine, adding to international pressure on Moscow.

The move effectively adds the voices of Canada and Japan to Friday’s announcement by America, Germany, France, Italy and the UK that further sanctions were imminent.

The G7 group, which represents seven of the world’s major economies, said it hoped the measures would have a “significant impact” in persuading the Kremlin to stop stirring separatist violence in eastern Ukraine.

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