Although Ukrainian strikes have led to a noticeable decline in the physical volume of Russian oil exports, the rise in prices has more than made up for it.
Sergey Vakulenko
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Vladimir Putin has made progress in restoring Moscow’s status as a great power. The United States may no longer be the indispensable nation, as that idea was understood in the 1990s.
Source: Financial Times
Over the past 25 years, Americans have come to think of their country as the world’s indispensable nation. Having won the cold war, the US was everywhere. It championed the reconstruction of eastern Europe and the eastward expansion of Nato and the EU. It led the international coalition to keep Saddam Hussein boxed in and to prevent Iran from acquiring nuclear weapons. It spurred Nato into action to keep Serbian leader Slobodan Milosevic from perpetrating more war crimes. After 9/11, it led the global coalition against terrorism....
This article was originally published in the Financial Times.
Director and Senior Fellow, Russia and Eurasia Program
Rumer, a former national intelligence officer for Russia and Eurasia at the U.S. National Intelligence Council, is a senior fellow and the director of Carnegie’s Russia and Eurasia Program.
Thomas Graham
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
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