Russia accuses U.S. of orchestrating conflict

Aug.10, 2008 in Market Outlook

Russia accuses U.S. of orchestrating conflict

Russia has taken over their oil ports/pipeline, ports have been bombed, the Georgian president claims Russia fired at the pipeline but missed (that one could be propaganda on behalf of Georgia so it is as of yet unconfirmed) this is the important news for investors being left out. Georgian civilians have reported spotting NATO troops entering Georgia (could be bull but there have been reports), my understanding is they are not attacking Russians yet even if they are in Georgia.

Russia accuses U.S. of orchestrating conflict

“Russian officials believe that it was the USA that orchestrated the current conflict. The chairman of the State Duma Committee for Security, Vladimir Vasilyev, believes that the current conflict is South Ossetia is very reminiscent to the wars in Iraq and Kosovo,” reports Pravda, the Russian newspaper.

“The rapid increase in US strategic influence in the Caucasus has alarmed Russian policy planners. Moscow is keen to take steps to shore up its eroding position in the region. However, Russian officials have limited options with which to counter US moves while at the same time maintaining cordial relations with Washington,” Eurasia.net reported on April 8, 2002. “The most prominent US moves in the Caucasus are the decision to dispatch military advisers to Georgia and a March 29 State Department announcement on the lifting of an arms embargo imposed on Armenia and Azerbaijan. Both actions have the potential to tilt the military establishments of all three Caucasus nations away from Russia and towards NATO.”

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