Showing posts with label Iceland. Show all posts
Showing posts with label Iceland. Show all posts

Thursday, October 9, 2008

The Russia House

Russia has money to loan? So say the Russians. When everyone else turned down Iceland's loan ask, Russia was there. Paulson told Fuld he wanted to request G8 banking mandates. Is Russia a neccessary player to global reform and recovery seems to be a pressing question. If Russia's leverage increases, the U.S. will encounter foreign policy limitations, especially regarding Iran.