Obama Pushes Anti-Russian Agenda in Europe

Obama Pushes Anti-Russian Agenda in Europe

Obama Pushes Anti-Russian Agenda in Europe

Despite a resounding rejection at the polls, the almost former US President Barack Obama and EU leaders have agreed to keep anti-Russian sanctions in place for a further year over the situation in Ukraine.

“The leaders agreed on the necessity of working collectively to move the transatlantic agenda forward, particularly on bringing stabilization to the Middle East and North Africa, as well as securing diplomatic resolution to the conflicts in Syria and eastern Ukraine,” the White House said in the statement.

Sanctions won’t stop Russia from improving its dialogue and ties with other countries, Kremlin spokesman Dmitry Peskov said.

“We [Russia] have never initiated sanctions. These [sanctions] don’t prevent us from building dialogue and continuing the dialogue on matters that are of interest to us, to Russia,” Peskov said.

Russian President Vladimir Putin and outgoing US President Obama are likely to talk informally on the sidelines of the Asia-Pacific summit in the Peruvian capital of Lima, Peskov said on Friday.

“The two administrations have not agreed on any separate meetings, but we can assume that President Putin and President Obama will cross paths on the sidelines of the forum and will talk,” Peskov said.

Moscow accuses the US and its NATO partners of compromising Russian national security by developing means to counter Russia’s nuclear deterrence, expanding the alliance towards Russian borders and developing advanced conventional strike technology that may be used for a large attack.

Russia will oppose attempts to disrupt the strategic balance around the world, such as NATO’s global anti-ballistic missile defense system, Russian President Vladimir Putin said.

“Our goal is to effectively neutralize any military threats to Russia’s security, including those of the [NATO] strategic anti-ballistic missile defense system, the prompt global strike concept and information warfare,” Putin told the Russian military.

“We will continue to do everything needed to preserve the strategic balance of power,” he said, adding that the balance was what had prevented a major military conflict between the opposing camps during the Cold War.

Putin was speaking to Russian generals and defense industry captains in Sochi on Friday, concluding a series of defense-related meetings. He said Russia will continue to develop advanced military technology to protect itself.

“Leading world powers are currently using the most advanced scientific knowledge for weapons development. It includes laser technologies, hypersound technologies, and robotics. Russia is conducting such research too,” the president said.

“As we create advanced weapons systems we strictly follow the international obligations that Russia has taken upon itself. But some other nations, as we all know, cancel previous agreements. As was the case with anti-ballistic missile defense,” Putin added, referring to the withdrawal from the ABM Treaty in 2002 by the administration of then US President George W Bush.

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Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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