For Global Investors....
February 04, 2009
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Although this blog doesn't discuss political issues too often...you may want to pay attention to developments below....
From the WSJ:
MOSCOW -- Russia is reasserting its role in Central Asia with a Kremlin push to eject the U.S. from a vital air base, along with a Moscow-led pact to form an international military force to rival NATO. The moves potentially complicate the new U.S. war strategy in Afghanistan.
The moves mark Russia's most aggressive steps yet to counter a U.S. military presence in the region that it has long resented. They pose a challenge for the administration of U.S. President Barack Obama, which sees Afghanistan as its top foreign-policy priority and is preparing to double the size of the American military presence there.
On Wednesday, Russia announced a financial rescue fund for a group of ex-Soviet allies and won their agreement to form a military rapid reaction force in the region that it said would match North Atlantic Treaty Organization standards. That came a day after Kyrgyzstan announced, at Russian urging, that it planned to evict the U.S. from the base it has used to ferry most of its troops into Afghanistan. Russia said the base may house part of the planned new force instead.
As nations run out of money, governments must look for ways to keep their populations occupied...especially the youth. We know nations are running out of money....we know unemployment is exploding around the world....how do you think governments will keep their populations stimulated????