Arab Today, arab today us operations in syria to threaten world economy
Last Updated : GMT 04:25:00
Arab Today, arab today
Arab Today, arab today

US operations in Syria to threaten world economy

Arab Today, arab today

Arab Today, arab today US operations in Syria to threaten world economy

St Petersburg - Itar-Tass

U.S. military operations against Syria would have a depressing impact on the world economy and on Russian-American relations, Andrei Kostin, president of Russia’s government-owned VTB bank, told reporters on Friday. “I think the impact would be bad,” he said, adding that the most immediate deplorable consequence might come in the form of an increase in crude oil prices. “When oil prices make a hike, Russia may get some short-term benefits, of course, but that’s obviously a bad thing from the angle of global growth,” he said. “Generally speaking, instability of supplies of a certain energy resource is a bad thing.” Kostin agreed that individual countries, including the U.S. itself, might have gained an opportunity for development through war or “working for war” in the 20th century. \"Still, wars didn’t bring anything but devastation and destabilisation of economic growth on a larger plane,” he said. “That’s why any political destabilization or fanning of political tension is always depressing for the investor mentality,” Kostin said, adding that \"When military action takes place, we get a vivid illustration of falling markets because financial investors are scared by combat operations, and this scare wields a bad psychological impact,” he said. Kostin said he did not expect anything good from the operation against Syria for Russian-American relations. “Military intervention (in the internal armed conflict in Syria - Itar-Tass) has feeble support across the world today,” he said. “Only a handful of countries support it and even NATO member-states have widely differing opinions about its prospects.” “Syria will get the same kind of finale that Egypt and Libya has already received,” Kostin said. “There’ll be one more country plagued by political instability on a scale that will be impossible to settle.”

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us operations in syria to threaten world economy Arab Today, arab today us operations in syria to threaten world economy

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us operations in syria to threaten world economy Arab Today, arab today us operations in syria to threaten world economy

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday