Russia projects confidence as it pursues alliances to undermine West

[mahatmakanejeeves]

Russia projects are confidence as it pursues alliances to undermine West

By Catherine Belton
January 27, 2024 at 2:00 a.m. EST

Russia is increasingly confident that deepening economic and diplomatic ties with China and the Global South will allow it to challenge the international financial system dominated by the United States and undermine the West, according to Kremlin documents and interviews with Russian officials and business executives.

Russia has been buoyed by its success in holding off a Western-backed Ukrainian counteroffensive followed by political stalemates in Washington and Brussels over continued funding for Kyiv. In Moscow’s view, the U.S. backing of Israel’s invasion of Gaza has damaged Washington’s standing in many parts of the world. The confluence of events has led to a surge of optimism about Russia’s global position.

Officials in Moscow point to growing trade with China, military cooperation with Iran, diplomatic outreach in the Arab world and the expansion of the BRICS grouping of major emerging economies — Brazil, Russia, India, China and South Africa — to include Iran, Saudi Arabia, the United Arab Emirates, Egypt and Ethiopia.

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