When it comes to action over Georgia, Russia has the European Union over a barrel. In fact, 1.2 million barrels. That's how much Russian crude is pumped westward every day down the Druzhba pipeline to fuel Europe's economies. This hard economic reality explains why Monday's emergency EU summit will struggle to produce much more than a slap on the wrist for Russia, despite Europe's exasperation over Moscow's invasion of Georgia and backing for its two separatist regions to break away.
--International Herald Tribune, 29 August 2008
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