Edward Lucas has been covering Eastern Europe and Russia for The Economist since 1986. In the Daily Telegraph he writes about the Kremlin’s latest war:

Russia is fighting a new Cold war with banks and pipelines, not tanks and warplanes

And you can watch him discuss his latest book, The New Cold War: Putin’s Russia and the Threat to the West, at the Google headquarters:

Authors@google: Edward Lucas

He argues that the threat is being overestimated by some observers and underestimated by most of them. I hope he is exaggerating. But whether he is or not, it’s a warning worth listening to.