... crisis of the global monetary and financial order
(Bretton Woods system) has been markedly exacerbated by sanctions pressure on Russia in connection with the SWO in Ukraine. As a result, its universality, and therefore legitimacy, is being undermined. The issue of withdrawal from it by means ... ... national currencies in international settlements, is entering the practical plane. It opens up the prospect of shrinking the scope of the dollar and the euro to currency zones, making room for other currencies backed by appropriate resources and financial ...
... key areas of global contention is the Ukraine conflict, which Lavrov has defended as a necessary endeavor to secure Russia's national security interests, even as Washington and its allies pour further support into Kyiv while attempting to isolate Moscow on the world stage.
Lavrov said Russia's approach would include supporting the recently announced referendums in contested parts of Ukraine, such as the self-proclaimed Donetsk and Luhansk People's Republics, which seek to join Russia as Crimea did in an internationally disputed referendum when unrest first erupted in 2014.
In order to counter Western pressure, Russia has fostered ...
..., which affected South Asia on a larger scale. For centuries, Russia and Ukraine formed the core of the Russian Empire, and later that of the Soviet Union. While the collapse of the Soviet Union did not result in a direct military conflict between Moscow and Kiev, it was nevertheless extremely painful for Russia and Ukraine, also triggering significant migration flows.
It is precisely the closeness of the “cultural and historical codes” of the two pairs of nations that bread the desire of the new political elites in Pakistan and Ukraine to distance themselves ...
