Russia Is Not Exactly a Big Winner in the Crimean Dispute


So how are things going on the anti-Russia front? A quick recap:

Last week President Obama announced sanctions on high-ranking Russians. He also signed an executive order allowing him to impose sanctions on Russian industry. France has threatened to cancel the sale of two warships to the Russian navy. The G8 has effectively kicked Russia out of the club. Ukraine has cut off electricity to Crimea. The countries on Russia’s borders are increasingly united against their next-door neighbor. The Russian economy, hardly robust in the first place, has already begun to tank. Ukraine has agreed to sign an association agreement with the European Union, precisely the action that Vladimir Putin so desperately tried to head off last year—and which triggered the Maidan protests that brought down the Ukrainian government. Today, European leaders made it clear that further economic sanctions against Russia were likely in the near future. And that’s just so far.

And what has Russia gotten in return? Ten thousand square miles of territory that, nationalistic pride aside, mostly represents a political and economic drain on the state. That Putin sure is a master geopolitical strategist, isn’t he?

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WE'LL BE BLUNT

It is astonishingly hard keeping a newsroom afloat these days, and we need to raise $253,000 in online donations quickly, by October 7.

The short of it: Last year, we had to cut $1 million from our budget so we could have any chance of breaking even by the time our fiscal year ended in June. And despite a huge rally from so many of you leading up to the deadline, we still came up a bit short on the whole. We can’t let that happen again. We have no wiggle room to begin with, and now we have a hole to dig out of.

Readers also told us to just give it to you straight when we need to ask for your support, and seeing how matter-of-factly explaining our inner workings, our challenges and finances, can bring more of you in has been a real silver lining. So our online membership lead, Brian, lays it all out for you in his personal, insider account (that literally puts his skin in the game!) of how urgent things are right now.

The upshot: Being able to rally $253,000 in donations over these next few weeks is vitally important simply because it is the number that keeps us right on track, helping make sure we don't end up with a bigger gap than can be filled again, helping us avoid any significant (and knowable) cash-flow crunches for now. We used to be more nonchalant about coming up short this time of year, thinking we can make it by the time June rolls around. Not anymore.

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Getting just 10 percent of the people who care enough about our work to be reading this blurb to part with a few bucks would be utterly transformative for us, and that's very much what we need to keep charging hard in this financially uncertain, high-stakes year.

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