Obama: 'Russia Doesn't Make Anything' - Business Insider - Liar Liar!
Help us Expose Political Liars!
Find and post them ALL here!
Signup Today and help us
Expose these LIARS!
   

Obama: 'Russia Doesn't Make Anything' - Business Insider

WASHINGTON (Reuters) - President Barack Obama dismissed Russia as a nation that "doesn't make anything" and said in an interview with the Economist magazine that the West needs to be "pretty firm" with China as Beijingpushes to expand its role in the world economy.

Obama has tried to focus U.S. foreign policy on Asia, a response to China's economic and military might. But for months, that "pivot" has been overshadowed by a flurry of international crises, including Russia's support for separatists in eastern Ukraine.

Russia is the world's third-largest oil producer and second-largest natural gas producer. Europe relies heavily on Russian energy exports, complicating the West's response to the Ukraine crisis.

Obama downplayed Moscow's role in the world, dismissing President Vladimir Putin as a leader causing short-term trouble for political gain that will hurt Russia in the long term.

"I do think it's important to keep perspective. Russia doesn't make anything," Obama said in the interview.

"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," he said.

Obama told Putin last week that he believes Russia violated the 1988 Intermediate Range Nuclear Forces treaty designed to eliminate ground-launched cruise missiles.

Speaking of Russia's "regional challenges," Obama said in the interview: "We have to make sure that they don't escalate where suddenly nuclear weapons are back in the discussion of foreign policy."

Obama described U.S. tensions with China as "manageable."

China is engaged in territorial disputes with its neighbors in the oil-rich South China Sea, and frequently skirmishes with the West over intellectual property issues.

"One thing I will say about China, though, is you also have to be pretty firm with them, because they will push as hard as they can until they meet resistance," Obama told the Economist.

"They're not sentimental, and they are not interested in abstractions. And so simple appeals to international norms are insufficient," he said.

Obama said he believes trade tensions will ease when China shifts "from simply being the low-cost manufacturer of the world" and its companies begin making higher-value items that need intellectual property protections.

"There have to be mechanisms both to be tough with them when we think that they're breaching international norms, but also to show them the potential benefits over the long term," he said.

...... Read More

 
comments powered by Disqus
 
 
No Liar of the Day has been posted yet. Post yours and vote today
1 0
Please help us support this website. Any tiny donation helps us keep up the Good Fight!
Headline
Adam Schiff, Democrats, Media Play Orwellian Word Games to Deny 'Spygate' | Breitbart
Hillary Clinton blames her loss on Capitalism - Democrats are Socialists according to her!
Rosie O'Donnell Used 5 Addresses, 4 Names in Over-Sized Dem Donations
Nancy Pelosi Refuses to Call on Tony Cardenas to Resign After Child Molestation Claim | Breitbart
Recent Articles
Recent Articles







 
 

Aggregated content may contain copyrighted material. Such material is made available for educational purposes only. This constitutes a 'fair use' of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law.