Tipping points are not always fundamental changes. Sometimes this is the point where history can no longer be ignored.. February 24 Russia invaded Ukraine. And at the same moment, the world was undoubtedly divided into two blocks..
Whatever the outcome of Vladimir Putin's war, geopolitics is now divided between the West and Sino-Russian Eurasia. All other countries, including India, are now in between. In a more peaceful world, warring blocs could coexist in a Cold War-like fashion.. But for such stability to appear, it will take time, writes the Financial Times.. The short term will be engulfed in uncertainty. The questions that are now being raised are about big changes.. Will we return to the nuclear age? Globalization will be abolished? No more cooperation to fight climate change? Can democracies beat autocracy Until recently, most people in the West knew the answers to all these questions.. It is only logical that Putin, whose main motive is hatred of the West, was the one who lowered the curtain.. But it's still pretty ironic.
Western strategists have tended to write Russia off as a declining power. But the loss of status makes Moscow hurry in its adventures more than China does, which until recently patiently waited in its time.. The most obvious question remains which of the two will set the pace.. So far the answer is: perhaps no one. Surprising many, Joe Biden has turned into a Ronald Reagan-esque global freedom crusader in recent weeks.. Biden's Warsaw speech became famous for his impromptu words about Putin needing to leave.. But his formal remarks were also weighty.. Biden said there is a battle between autocracy and democracy.
“We need to temper and be ready for a long battle ahead,” said the US President.
America's unofficial goal is to change the Russian regime. Sede of the three major military forces, China seems to be the most supportive of the status quo so far. Nothing Xi Jinping said or did after the Russian invasion compares to Biden's 'thrown glove'. Putin reduced his military goals to control over a piece of Ukrainian territory and the establishment of Ukrainian neutrality. Both goals can be achieved. The unknown variable remains the United States under Biden.
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At some point, Ukrainian President Volodymyr Zelensky will test the depth of his American counterpart's rhetoric.. Before reports of Russian war crimes in Bucha and other cities surfaced last week, Zelenskiy spoke of a readiness for a peace deal and wanted to meet Putin in person.. West insists only Zelenskiy can decide what is acceptable and what is not. But that's half the story. The other half is that the US is unlikely to lift all or most of its sanctions while Putin is in power.. According to Biden, sanctions have become " They are meant to be used in the larger American struggle for democracy.. Russia, which until February 24 was the 11th largest economy in the world, will soon not even be in the top 20, Biden said..
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This is the new global bipolarity at its worst.. And Putin was directly involved in her birth. Biden got the role of the one who sets the conditions. There are three most obvious areas for this..
The first is economic. Prior to the invasion of Ukraine, there was an ongoing debate over whether any currency, including the Chinese yuan, could replace the dollar.. Most economists believe that the US currency is unlikely to lose its role in the foreseeable future.. A lot depends on what Washington is going to do. America has demonstrated its extreme power in blocking the big economy and persecuting its global elite. The elites of other countries, among which there are many kleptocrats, are now making backup plans. Developing governments will be watching closely as the West forces Moscow to pay war reparations to Kiev. Biden may confiscate part or all of Russia's foreign exchange reserves in order to rebuild the country with this money. He had already set a precedent earlier in the year when the US confiscated half of Afghan reserves.. Russian frozen assets exceed $300 billion. If Washington does the same with Moscow as it did with Kabul, this could lead to the abandonment of the dollar.
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The second concern is the global arms race. Before Putin's invasion, China and Russia were already upgrading their nuclear systems, in particular hypersonic missiles.. The United States is now also increasing its defense spending.. In the end, Washington can increase military spending to 5% of GDP. In the meantime, most European countries no longer need to be persuaded to spend 2% of GDP on their armies, as required by the NATO charter.. Countries around the world will decide that Ukraine did something stupid when it gave up its nuclear arsenal in 1994.. The proliferation of nuclear weapons in the coming years will be a headache.
The third problem is ideological. The most unexpected reaction to Putin's aggression has been the intensity of Western public backlash. But the open question is how long it will be.. Polls show rising popularity of right-wing radical Marine Le Pen ahead of French elections. And it reminds of the fragile nature of democracy. Also, Donald Trump is going to arrange a rematch with Joe Biden in 2024. Trump and Le Pen will represent a very different West from the one led by Joe Biden and Emmanuel Macron. Surely a new era has begun. But the decisiveness of the West is not yet determined.
Recall, on April 1, Turkish leader Recep Tayyip Erdogan said that the meeting of the Presidents of Ukraine Vladimir Zelensky and Russia Vladimir Putin could be held in Istanbul..
However, the Ukrainian head of state, during the last communication with journalists, which followed after the world saw the footage after the atrocities of the Russians in Bucha, said that his meeting with Putin might not take place at all..
“Our victory is so great that it is visible from the moon,” Orban said after the next elections in Hungary and listed all the opponents of his Fidesz party. According to the Hungarian prime minister, the Ukrainian president is among them. Why? The answer is in Oleksiy Koval's article "