MELBOURNE – Last year, when Polish Foreign Minister Radosław Sikorski went to Kyiv for talks, his Ukrainian counterparts reportedly laughed at him because he was wearing a cheap Japanese watch. Several Ukrainian ministers had watches that cost more than $30,000. In a column I wrote about this incident, I pointed out that quartz watches perform a watch’s function – telling the time accurately – better than mechanical “prestige” watches that cost hundreds of times as much.
Sikorski has had the last laugh. Those who mocked him were speedily dismissed by the Ukrainian parliament in the wake of President Viktor Yanukovych’s flight from Kyiv. Nor were the expensive watches irrelevant to the fate of Yanukovych and his cronies.