An exclusive
conversation with Nouriel Roubini and Ian Bremmer on the toll of
war with Iran -- and why China and Russia just don't care anymore
what the United States thinks of them.
The common historical and cultural past of the two
countries and the economic difficulties they both faced after the
collapse of the Soviet Union have pushed them to stay
close.
Since the
collapse of the USSR the relationship between Russia and the
European Union (EU) has evolved in various phases mainly based on
global securities issues, economic trade and energetic
questions.
After the collapse of the USSR in 1991, the Russian Federation adopted, through what it was called the “shock therapy”, the market economy and the capitalism system. 4 years later, as a consequence of an always more globalized economy, the former trade agreement called GATT (general agreement on tariffs and trade) was replaced by a new entity: the world trade organization (WTO).
In the whole 19th century, Central Asia was in the heart of a complex geostrategic game which saw strong rivalries and conflicts between the British and the Russian Empires for supremacy in Central Asia.
THERE are two Russias. There is the Russia of glittering art, brilliant innovation, beautiful literature and with ponderous but steady advance towards freedom, democracy, of a sort, and a responsible role in the affairs of a world of whose landmass it occupies such an enormous part...
Investors could see some long-term trade and other benefits if a U.S. move to back away from a missile shield in Eastern Europe yields improvements in relations with Russia.