PPRuNe Forums - View Single Post - Is Ukraine about to have a war?
View Single Post
Old 15th Apr 2023, 18:59
  #16336 (permalink)  
ORAC
Ecce Homo! Loquitur...
 
Join Date: Jul 2000
Location: Peripatetic
Posts: 17,553
Received 1,684 Likes on 774 Posts
​​​​​​​This will be a case study in international relations for years to come.

A few days ago, US Treasury sanctioned a Russian-controlled bank (@IIB_Press) that Hungarian PM Viktor Orbán personally invited to relocate to Budapest. Subsequently, news broke about a possible next round of US sanctions - now directly targeting Orbán's circles.

Orbán's reaction? First, after spending years of defending it, he immediately threw the Russian-led bank under the bus. Then, after months of increasingly anti-American rhetorics, he suddenly realised that Hungary and the US are strong allies and share the same fundamental beliefs!

Well, this is a good reminder of the power of US sanctions, the dominance of US dollar in international finance - and how carrots and sticks work in diplomacy.
ORAC is offline  
The following users liked this post: