Nord Stream

Germany:Russia::United States:China
October 26, 2009

Americans are used to presidential candidates promising to get tough on China only to turn tail once they are in office. Could the same be true of German Chancellor’s promises to get tough with Russia? The Financial Times has an extraordinary report on “The New Ostpolitik,” between Germany and Russia. When German Chancellor Angela Merkel first ran four years ago, she was highly critical of former Chancellor Gerhard Schroeder’s warm relationship with the Russians. Indeed, after leaving office, Schroeder became the chairman of Nord Stream, which is owned by the Russian firm, Gazprom, and is deve