Henry Meyer, Bloomberg: Putin Faces Syria Money Crunch After U.S. Keeps Control of Oil
(Bloomberg) -- Russian President Vladimir Putin is facing an unwelcome new financial challenge in Syria after the U.S. pullback enabled his ally Bashar al-Assad to reclaim the biggest chunk of territory in the country still outside his control.
The U.S. decision to keep forces in northeastern Syria to guard oil fields denies Assad access to desperately needed funds to rebuild the Middle East state after eight years of civil war. That’s adding to the urgency of United Nations-led talks between the Syrian government and opposition groups in Geneva starting Wednesday, which Putin has said could be “decisive” in settling the conflict.
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WNU Editor: The war in Syria has cost Russia billions. The reconstruction of Syria alone will cost $250 billion .... money that Russia will not spend. What will help start this reconstruction process are Syria's oil fields that are now controlled by the U.S. and its allies, but that means inviting the U.S. to the table (something that Iran does not want). On a side note. There is growing dissent in Russia on the cost of the Kremlin's commitment to Syria. Many do not understand why Russia forces are there, and they are certainly not happy with the financial commitment.
7 comments:
Welcome to the quagmire, Vladimir. Its all yours.
(except our oil)
Sucker's
We can lend him money, at no interest...what are friends for?
Trump has the oil,nyah ,nyah,nyah,nyah,nyah!!!!! LOL!!!
we can lend him money at no interest...or Putin can take some from his offshore accounts
The picture is becoming more clear.
1.Iran cannot stay.
2. Assad. Negociations on his status and a more acceptable government for all Syrians. He represents but one of a number of Syrian groups and has to compromise.
3.Something for the Kurds.
4. We've done Erdogan a favor. Put pressure on the Kurds by our pullout so he's pleased. I think he will work with us and the Kurds will have to give some. They will get $$ for their costs of feeding ISIS losers. We can assist there and the Kurds will owe us. They will have an area free of a heavy Syrian hand but not a new Kurd country.
5. With control of Syria's oil we control a significant portion of the purse strings but should make sure it gets out for reconstruction for all. Many art of the deal possibilities here.
Maybe the Syrian Arab Spring will be revived and succeed this time.
I was quite surprised at the forceful talk by one of our generals concerning the oil. Good move by US.
Keep miss nancy and addie in the dark. Total irrelevance. They don't exist. A lesson also for the two nothings from the prior administration; the cadaverous johnny k. and what's his name.
I think Putin will be an asset as he is under pressure at home and costs for his intervention. Remember, Russia is a small gdp country despite the war toys.
We are, of course, dealing with middle eastern male muz-lumz. That will simply make things more difficult than they need be. Nonetheless I think the evil Trump is in the catbird seat. And suddenly.
Am I being too optimistic? I think this could be turnpoint in the middle east. I hope it works out. Speak softly and carry a big golf club.
Am I being too optimistic?
yes
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