Russia and the West Need one Another

Russian president Vladimir Putin's state-of-the-nation speech last week gave little hint of the troubles his country faces. With the rouble crashing amid a falling oil price and Western sanctions, inflation is rising and a recession looms. Hours before he spoke, fresh unrest broke out in the restive Muslim region of Chechnya. His rage against the West for allegedly trying to destroy the nation was predictable, but there was also a measure of realism: that blame alone is no solution.

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