If you thought Russian President Vladimir Putin might be enjoying himself now that he has blocked the U.S. from carrying out air strikes in Syria, made President Barack Obama look weak and positioned himself as a global statesman and peacemaker, you could not be more right.
President Barack Obama acknowledged domestic and international resistance to his call for a military strike against Syria and said he’ll make a more detailed case for action in an address to the U.S. public next week.
President Barack Obama canceled next month’s summit with Russian President Vladimir Putin in Moscow after Russia’s refusal to turn over fugitive Edward Snowden, exposing one of the biggest rifts between the two military powers since the end of the Cold War.
The U.S. may find it more difficult to work with Russia on issues from Iran’s nuclear program to missile defense when President Dmitry Medvedev leaves office next year, according to policy makers and strategists including Ariel Cohen, a senior fellow at the Heritage Foundation.
Ukraine’s efforts to seek cheaper natural gas from Russia rather than comply with the terms of a bailout have alarmed investors, propelling the former Soviet republic’s credit risk above Argentina’s for the first time in two years.