donbas conflict

Ian Bremmer's Quick Take: We are looking at the beginning of a new Cold War between the United States, NATO, Europe, and Russia. The Russians have decided to recognize the independence of the breakaway Ukrainian territories in the Donbas, sending in troops. This means diplomacy has failed between the US, its allies and the Russians. It means sanctions are coming, and the Russians are likely to respond and retaliate. China's response is incredibly important - and could help bring a climb down, if China is willing to use its leverage with Putin.