Craig Calhoun - Director, London School of Economics
Armenia has been in turmoil for the past few days. The fact that the central streets of Yerevan were packed with protesters did nothing to prevent ruling coalition MPs from convening in the National Assembly and voting for the appointment of Serzh Sargsyan as Prime Minister.
Policymakers need to learn from their military subordinates: They should keep their heads cool and think of the consequences of their actions, both intended and unintended.
By the strikes against Syria, the US and their allies achieved demonstrative effect only partially. It was achieved, because like in the previous illegal bombings of sovereign states (Yugoslavia, Iraq, Libya, etc.), they exhibited their military power, unprecedented arrogance and readiness to completely ignore the international law.
The history of sanctions against Iran deserves close analysis in light of the growing sanctions pressure on Russia. Although Iran and Russia are different countries facing different sanctions paradigms, Iran’s experience is meaningful if only because both countries have to contend with US sanction law.
The emerging trend towards de-dollarization in the EAEU can make domestic monetary policy more efficient as well as facilitate economic integration in the Eurasian space.