facebook
twitter
rss
account
search
search
 

Obama: 'Russia doesn't make anything'

"I think President Putin represents a deep strain in Russia that is probably harmful to Russia over the long term, but in the short term can be politically popular at home and very troublesome abroad."
By Aileen Graef   |   Aug. 4, 2014 at 12:27 PM   |   Comments

Leer en Español
WASHINGTON, Aug. 4 (UPI) -- U.S. President Barack Obama downplayed Russia's contribution to the global economy during an interview with The Economist, saying it's important to keep the country "in perspective."

The commander and chief said that he is not disappointed in the failed reset with Russia and that its role on the world stage is not as vital as portrayed.

"But I do think it's important to keep perspective. Russia doesn't make anything. Immigrants aren't rushing to Moscow in search of opportunity. The life expectancy of the Russian male is around 60 years old. The population is shrinking. And so we have to respond with resolve in what are effectively regional challenges that Russia presents. We have to make sure that they don't escalate where suddenly nuclear weapons are back in the discussion of foreign policy. And as long as we do that, then I think history is on our side."

Russia is, however, one of the world's top oil and natural gas producers with a large amount of Europe relying on its companies for energy. The country's oil production is one of the main reason Europe has been hesitant to impart heavier sanctions on the Russian economy in response to the crisis in Ukraine.

Obama recently announced another round of U.S. sanctions on Russia targeting its energy, arms and financial industries.

Follow @AileenGraef and @UPI on Twitter.
Contact the Author
Topics: Barack Obama
© 2014 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Poland buys medium-range missiles from U.S. Poland buys medium-range missiles from U.S.
2
Great white shark circling surfers photographed by drone Great white shark circling surfers photographed by drone
3
Watch: News anchor resigns live on-air to sell pot, '[Expletive] it, I quit' Watch: News anchor resigns live on-air to sell pot, '[Expletive] it, I quit'
4
Rutgers sophomore Caitlyn Kovacs dead after visit to Delta Kappa Epsilon frat house Rutgers sophomore Caitlyn Kovacs dead after visit to Delta Kappa Epsilon frat house
5
Cop-killer suspect Eric Frein possibly spotted, in standoff Cop-killer suspect Eric Frein possibly spotted, in standoff
Trending News
Video
x
Feedback