Russia’s global role

Will the US financial crisis enable Russia to improve its economic standing?

russia president dmitry medvedev

undefined

Dmitry Medvedev delivers his speech at the
International Economic Forum in St. Petersburg [AFP]

Delivering the most anti-American speech of his one-month presidency, Dmitry Medvedev, the Russian president, claimed that US selfishness had led the world into its worst financial crisis since the Great Depression.

The essence of his argument was that Russia sees the 2007-2008 world financial crisis, global energy shortages and rising food prices as a potential opportunity to change its position in the world financial and economic system comparatively quickly.

Inside Story asks if the US will allow Russia to become a major player on the international financial market? 

Can Russia deliver on these promises, and is the world about to witness a split in the upcoming G8 summit next month?

Watch part one of this episode of Inside Story

Watch part two of this episode of Inside Story

This episode of Inside Story aired on Monday, June 09, 2008 at 17:30 GMT


To contact us click on ‘Send your feedback’ at the top of the page

Watch Al Jazeera English programmes on YouTube

Join our debates on the Your Views page