Russian President Putin engaged in a bit of saber rattling when he announced that Russia would field more than 40 new intercontinental ballistic missiles this year. Most news services interpreted the statement as a riposte to NATO’s announcement that it would pre-position heavy armored equipment in NATO’s Baltic members so as to deter Russian poaching.
A little over one year ago the world was given a foundational lesson in how an impartial press can unknowingly construct a partial opinion. The consequences of that lesson are still being heard today and much to the detriment of the Russian Federation.
This week the Saint Petersburg International Economic Forum, the biggest event in business life of Russia and its investors will take place. It is an annual gathering of influential Russian and international politicians and government officials, businessmen, representatives of academic community. The Forum aims to establish the framework for developing ties between politics and business on local and the international level. This is a place where business faces politics and all the challenges the nowadays complex international situation brings.
Russia is not widely known for its outstanding abilities in soft power. That could be explained, albeit not justified, for the strong concision characteristic of the communist regime during the Soviet Union years, which resulted in East European countries in general – and Russia specifically - understanding and applying a stricter conduct when it comes to international relations.