Russia's War Against Ukraine
OP-ED
Anatole Kaletsky: The outlook on a Ukraine stalemate

Ukrainian servicemen guard at hydrometeorological station tower at the airport of eastern Ukrainian city of Donetsk on Dec. 11, 2014.
LONDON - The "day of silence" observed this week by the Ukrainian Army and its pro-Russia rebel opponents was an event of enormous importance for global economics as well as geopolitics. The cease-fire's success confirmed that the truce agreed to on Sept. 5 is mostly holding, despite some localized fighting and the almost unanimous predictions of Western pundits that the war would quickly resume. The durability of the truce suggests that relations between Kyiv and Moscow are gradually reverting toward an uneasy form of peaceful co-existence.