'New World' in the making

In post-8/8 (Beijing Olympics) period, the New World Order is in the making with resurgent Russia flexing its muscles and increasingly receding imperial US power bent on dictating its terms to 'the rest'. It is sobering for the US to realise that the rules of the game have changed and the news of reverting to Cold War politics are doing the rounds. Russia was given treatment that was meted out to vanquished Germany in 1919. Kissinger has rightly said, "Great powers do not withdraw permanently, they rather stage a comeback."

During the decade of 90's US did Russia an injustice by giving two hoots to the latter's interests and sensitivities. Russia got riled up in 1999 when NATO intervened in Serbia but then felt hard up for resources to assert its stance. The recognition of Kosovo was a red rag to Russia. The surge in oil and gas prices helped Russia to retrieve financially and Putin capitalised the situation to regain the lost glory and prestige for his country.