Tags
Britain, China, Collapse, dmitry medvedev, Eastern powers, Europe, France, Germany, paul craig roberts, power, ruble, Russia, Sanctions, Ukraine, United States, vladimir putin, Washington DC, Western Allies
“Russia does not need to win the approval of Western governments as the 21st century is seeing a shift in power from West to East”
an analyst writes for Press TV.
“Russia can rise to power with the East. There is no reason for Russia to beg the West for acceptance,” Paul Craig Roberts wrote in a column for the Press TV website.
He described the West as “a declining corrupt entity mired in depression.”
“The 21st century belongs to the East, to China and India. The enormous expanse of Russia sits above both of these most populous of all countries,” wrote Roberts.
The analyst said the US government spares no efforts to “prevent the rise of Russia”, adding that Washington “will hamper” Moscow “at every opportunity.”
“As long as Washington controls Europe, Russia has no prospects of being a part of the West, unless Russia becomes Washington’s puppet state, like Germany, Britain, and France,” he wrote.
Craig Roberts said Russia has the upper hand in the ongoing crisis in Ukraine, adding that the Russian military will not hesitate to “seize” Ukraine anytime it feels that “Washington’s control of Ukraine… is an unacceptable strategic threat to Russia.”
“[Russian President Vladimir] Putin can take the Ukraine back whenever he wants and turn his back on the West,” he wrote.
The United States and its Western allies accuse Russia of destabilizing Ukraine and have slapped a number of sanctions against Russian and pro-Russia figures.
Russia, however, rejects the accusation, saying the pro-Russia protests in Ukraine began spontaneously against the new government in Kiev.
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Russia to dump dollar in favor of ruble
Russian Prime Minister Dmitry Medvedev says Western sanctions against Moscow will galvanize it into using the ruble as a currency for global trade, amid heightened tensions between Russia and the US over Ukraine.
“Trading for rubles – this is a definite priority,” Medvedev said in an interview published on Saturday.
“This, in fact, should ultimately move the ruble from the cohort of freely convertible currencies into the ranks of reserve currencies,” the premier added.
The Russian government is reportedly considering plans to oblige state-owned companies to receive payment for key exports in rubles, rather than in dollars as at present.
“Of course, the more we sell, for example, our products, including oil, gas, machine-building, defense products for rubles, the more we will encourage such a quality for our currency,” Medvedev said.
He also played down the immediate negative consequences of Western sanctions against Moscow, saying, “At present the effect of sanctions on the Russian economy is absolutely minimal, if you can talk about any effect at all.”
The United States and its Western allies accuse Russia of destabilizing Ukraine and have slapped a number of sanctions against Russian and pro-Russia figures.
Russia, however, rejects the accusation, saying the pro-Russia protests in Ukraine began spontaneously against the new government in Kiev.
Tensions between the two countries heightened after Crimea declared independence from Ukraine and formally became part of the Russian Federation following a referendum in March.
Russia has warned that it will take retaliatory measures if the West continues its policy of sanctions over the crisis in Ukraine.
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Sources:
PressTV 1
PressTV 2
Neavaehwest reloaded on SFP – 25/5/2014
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