Abe Wants Putin to Come in From the Cold

January 18, 2016 Share Print 0

Japanese prime minister Shinzo Abe is pressing for President Vladimir Putin to be brought in from the cold, saying Russian help is crucial to tackling multiple crises in the Middle East.

In an interview with Nikkei and the Financial Times, Mr Abe said he was willing to go to Moscow as this year’s chair of the Group of Seven advanced economies, or to invite the Russian president to Tokyo.

Pointing to tension between Saudi Arabia and Iran, the war in Syria, and the threat of radical Islamism, Mr Abe said: “We need the constructive engagement of Russia.”

The former G8 excluded Russia following its annexation of Crimea and military support for separatist rebels in eastern Ukraine. But while Japan has joined in sweeping economic sanctions, Mr Abe made clear he wants to work with Mr Putin.

via CNBC

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Alfonso Esparza

Senior Currency Analyst at Market Pulse

Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.