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In the attempt to maintain the existing balance of forces, the regime must revisit their foreign policy of the past two years, including the war that is still dragging on in Ukraine, conflict with the west and the developing military engagement in Syria. Moscow is already taking active steps toward the removal of US and EU sanctions. For the first time since the moment that Russia annexed Crimea, direct negotiations over the fate of Donbas began in Kiev in between Ukrainian president Poroshenko and Russian representative Boris Gryzlov (a member of Putin’s inner circle of “friends”). This meeting was followed by an hours-long consultation between the Kremlin’s main “facilitator” of Ukrainian affairs and Assistant US Secretary of State Victoria Nuland. The repeal of the sanctions is necessary for the Russian government, among other reasons to enable large-scale foreign loans to augment depleted national financial resources. Dependence on oil prices could soon be completely replaced by another dependency—this time on international creditors.
All of this means that Russia is on the threshold of serious changes, which in the short term indicate an end to “Putinism” as a system—at least as we have known it during these “fat” years.
full: http://www.criticatac.ro/lefteast/russia-in-crisis-the-agonies-of-the-oil-empire/
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