April 27, 2024

Athens News

News in English from Greece

Bloomberg: Putin is not alone in the international arena


At the G7 level, Vladimir Putin really looks isolated. However, at the G20 level, he does not have many opponents.

Judging by the statements of the G7 countries, Vladimir Putin is indeed isolated: Canada, France, Germany, Italy, Japan, the United Kingdom and the United States – the seven largest and most economically developed democracies in the world – are now “fighting” against Putin, against the backdrop of the Russian invasion of Ukraine.

However, judging by the sentiments of countries in the wider G20 group, the Russian leader is not all that isolated. The group of the world’s top 20 economies split in two over disagreements over whether Putin should be allowed to attend this year’s annual G20 summit in Indonesia, according to Bloomberg analysis.

US President Joe Biden called for Russia to be excluded from the G20, which caused a backlash from China. India, for its part, not only did not condemn Russian invasion of Ukraine, as Washington would like, but also abstained during the vote on sanctions in the UN Security Council. Everything shows that the Russian leader will take part in the summit of the BRICS team (Brazil, Russia, India, China, South Africa) this year.

The world’s largest oil producer Saudi Arabia, which holds a key position in OPEC+, is also one of the countries reluctant to condemn Russia’s actions on the Ukrainian front. While some countries in the Middle East and Africa have shown a similar reluctance to join anti-Russian sanctions, as they do not want the food crisis caused by the war in Ukraine to hit the Arab world.

“The uncomfortable reality for the West is that many countries do not see any economic or political benefit in abandoning Putin,” the Bloomberg statementwhich is used by the Russian side.

PS A recent post titled “On Sanctions Against Russia: The Contour Map Method” wonderfully illustrates all the insignificance of statements that say: “The whole world is against Putin” …



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