With oil prices down to $30 and falling fast Russia cannot afford to put the kind of emphasis on military campaigns it needs to in order to be counted on to defeat Islamic extremists. This leaves ISIS in a far better position than the Obama administration would have everyone believe. It also means that the transition to a multi-polar world is no where near done. One thing that is clear, Israel should not jump into any strategic alliance even if it seems helpful in the short term. In the great global shift we find ourselves in, strategic alliances are hard to come by.
Listen to today’s podcast for greater insight on where things are going. Hang on to your seats change starts now!
- http://www.upi.com/Business_News/Energy-Industry/2016/01/11/Putin-says-economy-under-threat/8231452508249/
- https://www.rt.com/op-edge/328930-libya-oil-fields-accord/
- http://www.ynetnews.com/articles/0,7340,L-4751759,00.html