Russia in Global Affairs

This is undoubtedly the first time in many years that the world economy has been threatened by three crises, each quite distinct in its origins, but whose consequences are intertwined.

The feedback effects of sanctions on European economies have yet to be fully revealed. The sum of these effects, the so-called “boomerang effects”, will indeed only be known within a year. It could turn out to be far greater than the effects on Russia. In the long term, Russia may well do well while the EU, mired in thoughtless support for Ukraine, may have to pay a prohibitive price.

The sanctions taken against Russia by EU countries are generating a major “boomerang effect,” one which could lead to a global energy crisis. The shock will probably be felt by the EU economy this winter and afterwards. It is therefore at this time that crucial political questions will arise regarding the expediency of the EU countries’ policy towards Russia.

The last vote of the UK Parliament, in which the proposed agreement with the EU and the prospect of a Brexit without any agreement were rejected, served as a snub to the European Union, which was unable to reach an agreement with Great Britain, as well as a blow to Theresa May, whose negotiating tactics provoked much criticism.

We entered a political crisis. The incidents of Saturday, November 1, the evolution of claims and slogans of the Yellow Vests prove it.

France currently faces a dilemma in connection with a contract for the sale of four Mistral-class amphibious assault ships.