The American Empire in a Changing World


Thursday, December 20, 2012

''The Russia-EU-US drama''

From EU Observer

''Interestingly enough, as the EU is preparing for a trade spat, US Senate has moved forward to grant permanent normal trade relations with Russia, after overwhelming support from the House for the measure to lift Cold War-era trade restrictions and President Obama’s pledge to sign the bill.

In Washington, the measure is seen as a way to support US jobs as American multinationals seek participation in new markets amidst stagnation at home. In addition to strengthening economic relations with Russia, US policymakers will seek to cooperate with Moscow on regional issues, including in the Arctic and the North Pacific, while trying to reach an agreement on US-NATO cooperation in missile defence.''

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