There remains, however, the hope, at least in Russia, that, as sometimes happens in history, the memory of lost alternatives will one day inspire efforts to regain them. Stephen Cohen More Quotes by Stephen Cohen More Quotes From Stephen Cohen Interest rates are really starting to bite. Cash is now expensive. Cross-border flows are being driven by 'how do I get away from negative yields', as rates go lower and curves go flatter, finding yield by extending duration is clearly running out of steam. Stephen Cohen business The cost of acquiring new customers and maintaining those relationships in an online environment versus bricks and mortar is significant. Stephen Cohen relationships new online environment On March 11, 1985, Mikhail Gorbachev became leader of the Soviet Union, and within a few weeks the full-scale reformation he attempted to carry out both inside his country and in its cold war relations with the West, particularly the United States, began to unfold. Stephen Cohen cold leader war country The essential meaning of perestroika for Gorbachev and his supporters was creating and acting on alternatives to failed and dangerous policies at home and abroad. Stephen Cohen meaning dangerous acting home The opportunities that Gorbachev created for international relations have also been missed, perhaps even lost - here, however, primarily because of the United States. Stephen Cohen here opportunities missed lost Thirteen years after the end of the Soviet Union, the American press establishment seemed eager to turn Ukraine's protested presidential election on November 21 into a new cold war with Russia. Stephen Cohen end november election war But critics of the war have no reason to regret their views. Stephen Cohen no-reason regret reason war