USA has lost motive for active policy in Middle East - Mikhail Fridman

USA has lost motive for active policy in Middle East - Mikhail Fridman
17 September 2016

With the changed situation on the energy market, the USA has lost motive for pursuing active policy in the Middle East, LetterOne Group board chairman Mikhail Fridman has said at the 13th Annual Meeting of the Yalta European Strategy (YES).

“Sometimes people accuse Obama that he is very passive in foreign policy. Why should America be active in foreign policy? Before, it was used to protect the key interests of the USA in the Middle East. Currently they have their own sources of oil. Why should they be active in the Middle East if they have their own oil? In fact, there is no reason behind it, except maybe to secure the USA from the launch of missiles from there?”

Fridman added that the changing situation on the energy market and progress bring about tectonic shifts in modern society.

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Richard Branson
Richard Branson
Founder and Chairman, Virgin Group, 9th YES Annual Meeting, 2012
«The problem of capitalism is that it does result in the extreme wealth of a few people. If those people are benevolent people, they’ll use that wealth constructively; they’ll reinvest it and do great things»