Losing Central Asia
From the Chicago Tribune:
At a time when the world’s financial crisis has most countries hunkering down, Russia is parlaying the global meltdown into a lever for expanding its influence in Central Asia and other former Soviet republics that the Kremlin regards as its “near abroad.”
The Kremlin has stewarded a plan to prop up five cash-strapped former Soviet republics by establishing a $10 billion bailout fund, three-fourths of which would be nourished by Russian coffers. Moscow is also giving Armenia a $500 million loan and has promised $2 billion for Belarus.
With its economy in shambles, Kyrgyzstan has little choice but to comply with Russia’s wishes, experts say.