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Archive for the tag “Russia”

This Time, Russia Is In Afghanistan To Win

One of the most important lessons Russian policymakers have learned from the Soviet experience in Afghanistan is to refrain from forging local allies in their own image and to instead seek to galvanise partners wherever mutual interests intersect. A case in point is the nexus with the Taliban.

Read Here – Foreign Policy

Coronavirus Poses Test For Russia And China’s Friendship

The two countries have promised to work together to fight the disease and have both denounced American attempts to blame Beijing for the outbreak, but the rise in Russian cases threatens to undermine China’s own efforts to stop it spreading – particularly in the border province of Heilongjiang.

Read Here – South China Morning Post

Will Russia Be the Real Loser In The New U.S.-China Cold War?

Over the past decade, Russia and China have both called for a “principle of noninterference” in the internal affairs of others. Indeed, their common aversion to U.S. global democracy promotion efforts has served as a key rallying point for the two countries…Russia has so far watched China’s battle against coronavirus with admiration. Could too much triumphalism by Beijing threaten to turn these warm feelings into resentment?

Read Here – The National Interest

Global Military Expenditure Sees Largest Annual Increase In A Decade, Reaching $1917 Billion In 2019

Total global military expenditure rose to $1917 billion in 2019, according to new data from the Stockholm International Peace Research Institute (SIPRI). The total for 2019 represents an increase of 3.6 per cent from 2018 and the largest annual growth in spending since 2010. The five largest spenders in 2019, which accounted for 62 per cent of expenditure, were the United States, China, India, Russia and Saudi Arabia. This is the first time that two Asian states have featured among the top three military spenders.

Read Here – SIPRI

How The Bottom Fell Out Of The U.S.-Saudi Alliance

By unsheathing the oil weapon, the Saudis have finally tested the patience of oil-patch Republicans, who have long been among their staunchest supporters in Congress. Even though the United States, Saudi Arabia, Russia, and other big oil producers reached a deal this month meant to curtail oil output and undo some of the damage, it hasn’t worked: U.S. crude oil prices are at their lowest levels of the 21st century, threatening mass bankruptcies and layoffs in the United States.

Read Here – Foreign Policy

Don’t Let Great Powers Carve Up The World

What a difference two decades make. In the early years of this century, the world appeared to be moving toward a single, seamless order under U.S. leadership. Today the world is fragmenting, and authoritarian challengers, led by China and Russia, are chipping away at American influence in East Asia, eastern Europe, and the Middle East.

Read Here – Foreign Affairs

OPEC+ Deal Won’t Save Covid-19 Crashed Oil Prices

Global oil markets received the price war truce they had long sought, but hopes for a significant and sustained rebound in prices are still likely misplaced.  OPEC+, the group of oil producers led by Russia and Saudi Arabia, respectively the world’s second and third largest crude producers and top two exporters, reached a tentative agreement to trim oil production by 10 million barrels per day (bpd) to help ease the economic impact of the coronavirus crisis on global demand.

Read Here – Asia Times

Emerging-Market Petrostates Are About To Melt Down

The first hints that extremely low oil prices could plunge many petro-states into crisis came at the beginning of March, when the price of Ecuador’s sovereign bonds fell to record lows. Oil accounts for about a third of Ecuador’s export earnings and a similar portion of its public-sector revenue.

Read Here – Foreign Affairs

Russians Grapple With Oil Price War At A Time Of Pandemic

The timing could not have been worse for Russia to provoke a spat with Saudi Arabia over oil production quotas in early March. Moscow’s decision to withdraw from the OPEC+ agreement restricting oil production in order to maintain higher oil prices triggered a harsh reaction by Riyadh that sent oil prices spiralling down to below $25 per barrel in the midst of the coronavirus pandemic.

Read Here – Eurasia Daily Monitor

$10/Barrel Oil Is Possible: Can American Energy Independence Survive The 2020 Oil War?

President Trump has suggested America still has “a lot of power over the situation” and could yet find a middle ground. The U.S. leader will need all his famed dealmaking ability and more though to pull off what could be a deal of the century with Saudi Arabia, to keep U.S. energy independence and the shale industry alive.

Read Here – The National Interest

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