Both political and business leaders are to blame for this inaction. The Kremlin employs a large army of lobbyists, PR spin doctors and apologists to make their case – including such reprehensible figures as former German Chancellor Gerhard Schroeder, who is on the payroll of Russia’s state-owned Gazprom. German businesses are also waging a fierce campaign against sanctions.
Some American executives have ignored U.S. President Barack Obama’s request to boycott this month’s international economic forum in St. Petersburg, Russia.
But this is where politicians need to tell businesses that national and world interests in peace and international law trump their interests.
Putin invaded Crimea and lied about it. Now he’s doing the same in eastern Ukraine, with advanced weaponry and armed men in masks who behave a lot like trained soldiers. The invasion is under way also with financing by Moscow through state-owned banks. Intercepted phone calls show coordination of the mayhem from Moscow.