Putin Pacific Gambit Threatens New Market

As a convoy of white trucks heading from Moscow to Ukraine raises alarm about a potential Russian invasion,Vladimir Putin is opening up a new front on his global chess board.

Putin sparked outrage in Japan with a military drill along Russia’s eastern frontier this week, reigniting a territorial dispute with his Asian neighbor that has festered since the Soviet Union occupied the Kuril Islands, which Japan calls its Northern Territories, at the end of World War II.

The move risks upending years of rapprochement and rising trade with Japan, according to analysts from Tokyo to Washington. It also suggests that Putin is willing to take his European playbook to Asia and subordinate Russia’s economic interests to the calling of power and prestige.

Read the full article at Bloomberg.