Russia is not on our side when it comes to Iran, according to chess champion and anti-Putin dissident Garry Kasparov.
Washington’s conciliatory steps have given the Kremlin’s rulers confidence they have nothing to fear from Mr. Obama on anything that matters.
And nothing matters more to Mr. Putin and his oligarchs than the price of oil. Even with oil at $70 a barrel, Russia’s economy is in bad straits. Tension in the Middle East, even an outbreak of war, would push energy prices higher. A nuclear-armed Iran would, of course, be harmful to Russian national security, but prolonging the crisis is beneficial to the interests of the ruling elite: making money and staying in power.
The Obama administration’s foreign policy has directed a great deal of optimism and good will toward friends and foes. Such a cheery outlook is commendable as long as it does not clash with reality. Unfortunately, there were several clashes in the past week.
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Like many Russians, I was encouraged by Mr. Obama’s inspirational speech in Moscow last July, but he must know there is more to statesmanship than printing money and making speeches. Inflated rhetoric, like inflated currency, can lead to disaster. The goodwill bubble Mr. Obama is creating will burst unless there are real results soon.