US tries to create an 'iron curtain' around Russia
F William Engdahl: US in decline as Russia asserts its rising power
The US provoked Russia to respond militarily and the US as the dominant power is beginning to stumble and "to look desperately for ways to hold on to that power."
President Dimitri Medvedev criticized the European Union for having a biased approach in regards to the Georgian conflict. Medvedev however stated that the EU acted in a rational manner by not implementing sanctions against the Russian Federation. F William Engdahl believes the EU response mirrors its dependence on Russian oil and gas. Engdahl goes on to further state that the US provoked Russia to respond militarily and the US as the dominant power is beginning to stumble and "to look desperately for ways to hold on to that power."
F William Engdahl is an economist and author and the writer of the best selling book "A Century of War: Anglo-American Oil Politics and the New World Order." Mr Engdhahl has written on issues of energy, politics and economics for more than 30 years, beginning with the first oil shock in the early 1970s. Mr. Engdahl contributes regularly to a number of publications including Asia Times Online, Asia, Inc, Japan's Nihon Keizai Shimbun, Foresight magazine; Freitag and ZeitFragen newspapers in Germany and Switzerland respectively. He is based in Germany.
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