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  • Cold war era may start again

    With US flexing its muscles in Iraq and Afghanistan, and also Russia flexing its arms with Georgia, it seems the world is heading for second round of cold war era. The cold war ended only a decade back with Russia getting split into many countries and also with it becoming economically weaker. But with record prices for its key product, Natural Gas, Russia has gained huge wealth in the last few years that has lead to it becoming financially strong with repayment of all long term loans from European countries and also IMF and world bank ahead of schedule.

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