(Value Walk) --- According to
reports, Russian President Vladimir Putin has warned other nations that they
will not gain military superiority over Russia .
Putin spoke out on the
strength of Russia ’s
armed forces during a ceremony for World War II veterans, and his statements
come at a sensitive time for international relations. The ongoing conflict in
eastern Ukraine has
seen U.S.-Russia relations deteriorate to their lowest point since the Cold
War, and his latest statements do not make for encouraging reading.
Ukrainian officials
have accused Russia of
increasing their military presence in the east of the country with the addition
of more tanks and troops. The Russians would appear to be enforcing pro-Russian
rebels in the area near Novoazovsk, which many predict will be the next
battlefront.
Novoazovsk is just
25 miles east of the strategic port city of Mariupol . If the rebels can succeed in taking
it from Ukrainian government forces it could provide a route through which to
link up with the Russian-held Crimean peninsula further south.
The latest
developments do not bode well for the survival of a recent peace deal
negotiated in Minsk .
It is already hanging by a thread after rebels roundly ignored its terms in
order to take Debaltseve, a vital railway hub.
Strategic
militarization
So far the Arctic has seen
the construction of 16 deepwater ports, 13 airfields and 10 air-defense radar
stations, underlining the importance of a region which is estimated to contain
around 15% of Earth’s remaining oil, 30% of its natural gas and 20% of its
liquefied natural gas.
However Russia ’s plans
could be thrown off by country’s economic situation. Economic sanctions and low
oil prices have ravaged its coffers, and even before the ruble crash some
senior figures were worried.
Russian Finance
Minister Anton Siluanov expressed his misgivings back in October, and the
situation has become a lot worse since then, however Putin seems set on expanding
Russia ’s
sphere of influence using military force.
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