The US economic and financial magazine Forbes published an article today, running "The level of US-Russian trade”. Analysts argue about the issue of change in the volume of cooperation between the two countries in connection with the sanctions. Surprisingly, despite all the attempts by the US to block Russia's access to the world market, no significant deterioration is observed in the economic situation. The level of imports of Russian goods to the US market fell by only 10%, which is a very small proportion of financial turnover.
Despite the ban on US companies cooperating with Russia, many entrepreneurs, owners of both large and medium-sized businesses, are not going to lose a significant portion of their profits, despite the threat of sanctions. This allows the balance of power in the world economy to be maintained. What the situation will be in the future remains unknown, but it is now clear that, regardless of the foreign policy of the US, the dollar-capital owners prefer to take a risk by continuing cooperation with Russia.
The American magazine The International Business Times reports today about the upcoming cooperation between Greece and Russia, trying to imagine what threatens Europe in this case. The decision of the Greek Prime Minister Alexis Tsipras to reschedule the meeting with his Russian counterpart earlier this month was unexpected for the European Community. This decision was taken as a reciprocal step to the stricter requirements of the European Union, which were made particularly by Germany, on Greece, which is forced to declare itself bankrupt, otherwise the chances of obtaining a loan from Europe are set to zero.
However, such political maneuvers did not affect the Greek minister. Greece prefers to strengthen its relations with Russia, rather than submit to the universal political course in Europe, and that will be a very beneficial step for both states. For Europe, this decision for today is not profitable, as it undermines the authority of the commonwealth in the world political arena. Thus, the EU should realize that increasing pressure on states with independent political courses cannot be the only solution.
The unexpected reaction of the Prince of Saudi Arabia has raised the interest of today’s issue of the American newspaper The Washington Post. On Monday, Arab leaders said that if Iran is allowed to develop its nuclear program, then Saudi Arabia will have the right to demand the same resolution and for themselves. According to American analysts, such a decision could lead to a nuclear arms race in the world. For Saudi Arabia, Iran is a kind of regional rival, and in the interests of the Arab states it does not allow the Iranian leadership to have any political or economic relations. It becomes clear that the idea of globalization, which has been nurtured and implemented for decades, cannot be sufficient reason to suppress the will of many states in to the benefit of one. However, the evidence of this fact is irrefutable.
