Wednesday, 30 September 2015

Surprise, Surprise, Russia Is a World Power Again

Surprise, Surprise, Russia Is a World Power Again



This article originally appeared atFox News

Regardless of the outcome of the Putin-Obama meeting to discuss Syria, Ukraine and other matters, one thing is clear –the meeting demonstrates the sudden, even shocking, rise to power of Russia in the last several years.
In a world full of surprises–the rise of Islamic fundamentalism, the weakness in the Chinese economy, the battles within the European Union, the making of the Iran deal, the slide in the American stock market–the greatest surprise of all has been the sudden rebirth of Russian power under Vladimir Putin.
This is amazing given that Russia has withdrawn from Eastern Europe, lost half its population, lacks modern consumer, agricultural and hi-tech sectors and suffered a 50 percent drop in the price of its oil exports. Russia’s economy is smaller than that of England, France or Germany and has not moved towards Western democratic capitalism.

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