THE SHOWDOWN BETWEEN Europe and the US over Iraq has put Russian president Vladimir Putin in a delicate position. He has tried to balance the need to remain on good terms with the world’s only superpower with a simultaneous bolstering of Moscow’s traditional strong relations with the countries of the Middle East, especially Iraq.
When forced to choose between these strategies, an increasingly confident Russia followed the money. Relations between Russia and US have improved greatly since the September 11 terrorist attacks but goodwill doesn’t pay the bills.
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