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G E O  P O L I T I C S :  R U S S I A
BRRR... IS IT COLD WAR II
Russia's re-emergence and the evolving geopolitics

   Getting ready to take on US?Russia's socio-economic resurgence under Putin is showing its fallout in global geopolitics. A forex reserve of $260 billion, consistent GDP growth rate of more than 5% and robust export of oil and arms have brought Russia back into the reckoning. Net effect: From cutting off gas supplies to Ukraine (as a retribution for electing the pro-Western Yushchenko), threatening Georgia with dire consequences (for arresting four alleged Russian spies), to warning Poland against installing any NATO Missile Defense System in its territory, Russia seems at ease and confident while flexing its muscles. The deal with Iran to supply nuclear fuel, a loan of $355 million to Cuba, forging strategic alliances with France & Germany - all these might not be good news for USA, but it knows that beyond verbal criticism & blocking Russia's entry to WTO, the US cannot wield its stick on Russia as much as it would have desired; for Russia also forms a key counter to OPEC's hegemony. Hopefully, Russia's resurgence might just be the medicine doctors prescribed to keep the Americans at bay.




  
 
 
       
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