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Page added on August 31, 2007

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ECONOMIC WARFARE IN THE FINAL PHASE

This week the French President, Nicolas Sarkozy, warned against Russia


Russia is not only engaged in a military buildup. Russia wants to use its economic muscles. You might ask what economic muscles Russia could have? It is bankrupt, backward, hobbled, demoralized and generally dismissed as an effective economic actor. We must remember, however, that positions in the world economy can change, that tables can be turned. Last June, at the International Economic Forum in St. Petersburg, the Russians called for a



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