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In recent weeks I've written about U.S. President Barack Obama's bluff on Syria and the tightrope he is now walking on military intervention. There is another bluff going on that has to be understood, this one from Russian President Vladimir Putin.

Putin is bluffing that Russia has emerged as a major world power. In reality, Russia is merely a regional power, but mainly because its periphery is in shambles. He has tried to project a strength that that he doesn't have, and he has done it well. For him, Syria poses a problem because the United States is about to call his bluff, and he is not holding strong cards. To understand his game we need to start with the recent G-20 meeting in St. Petersburg, Russia.

Putin and Obama held a 20-minute meeting there that appeared to be cold and inconclusive. The United States seems to be committed to some undefined military action in Syria, and the Russians are vehemently opposed. The tensions showcased at the G-20 between Washington and Moscow rekindled memories of the Cold War, a time when Russia was a global power. And that is precisely the mood Putin wanted to create. That's where Putin's bluff begins.

A Humbled Global Power

The United States and Russia have had tense relations for quite a while. Early in the Obama administration, then-Secretary of State Hillary Clinton showed up in Moscow carrying a box with a red button, calling it the reset button. She said that it was meant to symbolize the desire for restarting U.S.-Russian relations. The gesture had little impact, and relations have deteriorated since then. With China focused on its domestic issues and with Europe in disarray, the United States and Russia are the two major -- if not comparable -- global players, and the deterioration in relations can be significant. We need to understand what is going on here before we think about Syria.

Twenty years ago, the United States had little interest in relations with Russia, and certainly not with resetting them. The Soviet Union had collapsed, the Russian Federation was in ruins and it was not taken seriously by the United States -- or anywhere else for that matter. The Russians recall this period with bitterness. In their view, under the guise of teaching the Russians how to create a constitutional democracy and fostering human rights, the United States and Europe had engaged in exploitative business practices and supported non-governmental organizations that wanted to destabilize Russia.

The breaking point came during the Kosovo crisis. Slobodan Milosevic, leader of what was left of Yugoslavia, was a Russian ally. Russia had a historic relationship with Serbia, and it did not want to see Serbia dismembered, with Kosovo made independent.

There were three reasons for this. First, the Russians denied that there was a massacre of Albanians in Kosovo. There had been a massacre by Serbians in Bosnia; the evidence of a massacre in Kosovo was not clear and is still far from clear. Second, the Russians did not want European borders to change. There had been a general agreement that forced changes in borders should not happen in Europe, given its history, and the Russians were concerned that restive parts of the Russian Federation, from Chechnya to Karelia to Pacific Russia, might use the forced separation of Serbia and Kosovo as a precedent for dismembering Russia. In fact, they suspected that was the point of Kosovo. Third, and most important, they felt that an attack without U.N. approval and without Russian support should not be undertaken both under international law and out of respect for Russia.

President Bill Clinton and some NATO allies went to war nevertheless. After two months of airstrikes that achieved little, they reached out to the Russians to help settle the conflict. The Russian emissary reached an agreement that accepted the informal separation of Kosovo from Serbia but would deploy Russian peacekeepers along with the U.S. and European ones, their mission being to protect the Serbians in Kosovo. The cease-fire was called, but the part about Russian peacekeepers was never fully implemented.

Russia felt it deserved more deference on Kosovo, but it couldn't have expected much more given its weak geopolitical position at the time. However, the incident served as a catalyst for Russia's leadership to try to halt the country's decline and regain its respect. Kosovo was one of the many reasons that Vladimir Putin became president, and with him, the full power of the intelligence services he rose from were restored to their former pre-eminence.

Western Encroachment

The United States has supported, financially and otherwise, the proliferation of human rights groups in the former Soviet Union. When many former Soviet countries experienced revolutions in the 1990s that created governments that were somewhat more democratic but certainly more pro-Western and pro-American, Russia saw the West closing in. The turning point came in Ukraine, where the Orange Revolution generated what seemed to Putin a pro-Western government in 2004. Ukraine was the one country that, if it joined NATO, would make Russia indefensible and would control many of its pipelines to Europe.