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24.11.2008, 20:14

Revealed: Obama’s new economic team

U.S. president-elect Barack Obama has named his economic team which will be pivotal in guiding the country through the current economic crisis.

26.11.2008, 16:49

Professor Igor Panarin: When America fell to pieces the shouting was outrageous

As early as autumn 2009 the economic crisis may lead to a civil war in the USA and then to its division into parts. Igor Panarin, doctor of political science, dean of the foreign affairs department at the Diplomacy Academy of the Russian Foreign Ministry,

27.11.2008, 06:19

US car industry runs out of road

The U.S. state of Michigan used to be the throbbing heart of the once-mighty American auto industry and a vital employer. But the current financial crisis has brought this engine of U.S. business near the brink of collapse and some Michigan residents are

U.S. President-elect Barack Obama introduces New Mexico Governor Bill Richardson as Secretary of Commerce (AFP Photo / Scott Olson) 03.12.2008, 19:32

Obama nominates Commerce Secretary

U.S. President-elect Barack Obama has appointed New Mexico Governor Bill Richardson as Secretary of Commerce, a top economic position, which is especially important at a time of financial meltdown.

Barack Obama (AFP photo/Jim Watson) 08.12.2008, 03:42 1 comment

Obama wants ‘to reset U.S.-Russian relations’

The U.S. wants to co-operate with Russia in areas like nuclear non-proliferation and anti-terrorism – despite existing disagreements between the countries, says president-elect Barack Obama during an interview on NBC's “Meet the Press&rdq

New U.S. Administration to clean up the mess

Published: 22 November, 2008, 10:24

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Hillary Clinton is ready to join Barack Obama's cabinet as the Secretary of State, according to the United States' National Public radio. If appointed she will have to deal with George Bush's controversial foreign policy legacy.

Most Americans call the Iraq war that has killed thousands of people the biggest mistake of Bush's time in office, but it’s not the only one.

Russia has a hopeful eye on the new U.S. administration. The American missile defence shield ambitions, pursued by Bush, have damaged relations between the two countries.

“We have taken note of the U.S. president-elect Barack Obama's position on these issues. It inspires the hope that we will be able to deal with them more constructively in the coming period,” said Russia's Foreign Minister Sergei Lavrov.

Meanwhile, millions of dollars have been put into the U.S. missile program, mostly from American tax payers' cash while the country is still dealing with the biggest financial crisis in years. 

International Politics Professor at Columbia University Lincoln Mitchell says U.S. foreign policy needs to, and will, change.

“One of the challenges for the Obama administration is to take a step back on not just missile defense, not just on Georgia, not just any individual issue and think about what we want our relationship with Russia to be,” he said.

The professor thinks that whatever decisions Obama makes, he's still much better poised than the previous administration to deal with all the issues America is faced with.

Related links

Uncertainty over anti-missile defence continues

Medvedev upbeat on Russia-US relations

Medvedev's speech at a meeting of the US Council on Foreign Relations

Moscow aims to restore trust with the U.S.

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21.11.2008, 20:57

Piracy purge: Moscow to send more warships to Somali coast

Russia is planning to increase its efforts to fight pirates plaguing the waters around the Horn of Africa. An international force of more than a dozen vessels is already stationed there and will be joined by more from Russia next year.

22.11.2008, 14:20

No money, no gas – Gazprom may cut supplies to Ukraine

Gazprom has said it will not renew gas supply contracts with Ukraine until a $2.4 billion debt is repaid. Gazprom spokesman Sergey Kupriyanov said they hope to resolve the issue by New Year. He did not rule out supply cuts in case of non-payment.