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			 Russia's military seizure of Crimea and preparations for a 
			possible annexation of the southern Ukrainian province have revived 
			fears, calculations and reflexes that had been rusting away since 
			the fall of the Berlin Wall in 1989. 
 			Whether the crisis triggered by President Vladimir Putin's attempt 
			to prevent Ukraine, a strategic former Soviet republic, turning to 
			the West, becomes a turning point in international relations like 
			the 2001 Al Qaeda attacks on the United States or the 1962 Cuban 
			missile crisis, is not yet certain. There are still some steps to 
			play out. 
 			But policymakers and strategic analysts are thinking through the 
			consequences of a potentially prolonged East-West tug-of-war. And 
			states in the middle such as Germany and Poland are starting to 
			weigh uncomfortable adjustments to their policy. 
 			The standoff is already posing tricky questions about the balance 
			between sanctions and diplomacy, setting loyalty tests for allies 
			and raising the risk of spillover to other conflicts and of possible 
			proxy wars. 			
			  
 			"Welcome to Cold War Two," Russian analyst Dmitri Trenin of the 
			Carnegie Foundation for International Peace declared in an article 
			for Foreign Policy magazine. 
 			"The recent developments have effectively put an end to the 
			interregnum of partnership and cooperation between the West and 
			Russia that generally prevailed in the quarter-century after the 
			Cold War," he said. 
 			Trenin is not alone in seeing the struggle for Ukraine as the 
			biggest game-changer in European security since the collapse of the 
			Soviet Union in 1991. 
 			While no one imagines the superpowers returning to a hair-trigger 
			nuclear confrontation or a bloc-against-bloc military buildup — for 
			starters, Russia no longer has a bloc — the knock-on implications 
			for other security problems, and for the world economy, are 
			significant. 
 			Frozen conflicts in Moldova, Georgia and Azerbaijan, all "near 
			abroad" post-Soviet states, could be reactivated. 
 			In Berlin, policymakers worry that Russia could raise the stakes by 
			stopping cooperation with the West over Iran's nuclear program, the 
			civil war in Syria, security in Afghanistan and managing North 
			Korea's unpredictable leader. 
 			Any one of those could make life more uncomfortable for the United 
			States and its European and Asian allies by destabilizing the Middle 
			East and southern Asia or raising tension on the Korean peninsula. 
 			"THIS IS THE BIG ONE" 
 			The realization that Germany, Europe's central power, has no special 
			influence with Russia when the geopolitical chips are down, and that 
			Chancellor Angela Merkel has been unable to sway Putin despite their 
			common languages, has concentrated minds. 
 			In hindsight, Russia's 2008 military intervention in breakaway 
			regions of Georgia was a dry run. It had less global impact partly 
			because an erratic Georgian leader fired the first shots, but also 
			because it barely changed the status quo. 						
			
			  
 			"Ukraine is different. It's on the fault line and it's too big," 
			says Constanze Stelzenmueller, senior transatlantic fellow with the 
			German Marshall Fund think-tank, who led a recent major study on 
			Germany's new foreign and security policy. 
 			"Now we are entering a systemic competition. That's why I think the 
			Cold War analogy is accurate. If you're in Berlin, that's the way it 
			feels. This is the big one." 
 			Despite its strong economic interests in Russia, where 6,200 German 
			companies do business, and its dependency on Russian natural gas for 
			40 percent of supplies, Stelzenmueller expects Germany to "surprise 
			on the upside by being firm". 
 			Moscow is only Berlin's 11th trade partner, below Poland. Germany's 
			main trade body said last week a trade conflict between the two 
			would hurt German business but it would be life-threatening for a 
			stagnant Russian economy. 
 			
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			As former Hong Kong governor Chris Patten observes, while almost 
			every European household owns goods made in China, few if any have 
			anything produced in Russia, except gas and vodka. 
 			Central European economies could be severely disrupted if Moscow 
			played with the gas taps, but stocks are high, winter is over and 
			Russia needs the revenue. 
 			GOING NEUTRAL? 
 			In Cold War One, hawks in the United States and western Europe 
			fretted that then West Germany could turn neutral in its pursuit of 
			detente with the Soviet Union and its east European allies, 
			including communist East Germany. 
 			That never happened. Bonn remained firmly anchored in the Western 
			political and military camp. But there were some epic transatlantic 
			battles along the way. 
 			They included a 1982 clash with the United States over a 
			German-Soviet gas pipeline deal which the Reagan administration 
			feared would make West Germany dangerously dependent on Moscow. 
 			The Germans stood their ground. The pipeline was built and is one 
			reason why Germany remains so hooked on Russian energy. 
 			That dispute — just a year after a Moscow-inspired military 
			crackdown in Poland — may have lessons for any new Cold War. 
 			A year later, Bonn withstood mass protests and threats from Moscow 
			to deploy U.S. medium-range nuclear missiles on its soil in response 
			to Soviet SS-20 rockets pointed at the West. That led eventually to 
			a negotiated end to the East-West arms race. 
 			Then as now, a perceived Russian threat ultimately united Europeans 
			and the United States, despite public misgivings reflected today in 
			opinion polls showing neither Germans nor Americans are keen to get 
			tough with Russia. 			
			
			  
 			Then as now, both Moscow and the West turned to China to try to tip 
			the balance. Then as now, U.S. strategists traded charges of 
			appeasement and warmongering as they argued over the right policy 
			mix between containing Russia and taking its interests into account. 
 			If Putin moves to annex Crimea, Europeans may soon have to 
			contemplate awkward sacrifices to show their resolve. 
 			For France, this could mean suspending a contract to sell helicopter 
			carriers to Russia. For Britain, closing its mansions and bank 
			vaults to magnates close to Putin. For Germany, initiating gradual 
			steps to reduce dependency on Russian gas. 
 			It will take Cold War-style determination for any of that to happen. 
			Maintaining EU unity if the going gets tough, with states in 
			southern Europe such as Italy, Greece, Cyprus and Bulgaria closer to 
			Moscow, could prove a challenge. 
 			(Writing by Paul Taylor; editing by Raissa Kasolowsky) 
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