Analysis: Putin can still turn back but it looks less likely as economic and political consequences mount
Russia’s aggressive buildup near Ukraine energised Nato into sending more forces to eastern Europe on Monday and led to a plunge on Russian markets, raising the stakes on the Kremlin’s bet that it could cajole, extort or force Ukraine into submission.
For Moscow it has become more difficult to pull back from its aggressive stance after US and Nato announcements that more troops would be deployed to the military alliance’s eastern flank. A unilateral drawdown now would leave the Kremlin a clear loser in the standoff, having provoked a strengthening of the very Nato presence that it had sought to banish from eastern Europe.
