While the U.S. midterm election results roll in, the vote count is being closely watched half way across the world by Ukraine and Russia.
While the U.S. midterm election results roll in, and point to a far tighter-than-expected race between Republicans and Democrats for control of Congress, half way across the world the vote count is being closely watched by Ukraine and Russia.
Although it has not commented publicly, Moscow is seen to favor a win for the Republicans in the midterms in the hope that a big power shift could bring about a change in the U.S.' foreign policy toward Ukraine — and could deepen rumblings of discontent among Republicans over the massive financial support the U.S. is giving Kyiv to fight Russia.
Russia's President Vladimir Putin listens while then-U.S. President Donald Trump speaks during a press conference in Helsinki, Finland, in 2019.The bigger question comes from Trump announcing his presidential run, Bremmer said, adding that he expected such an announcement imminently. Putin's close confidante Yevgeny Prigozhin, an increasingly powerful oligarch who leads a state-backed private military group fighting in Ukraine, known as the Wagner Group — as well as several companies implicated in 2016 U.S. election interference — openly alluded to interfering in the U.S. midterms this week.
"These elections cannot change anything essential. Relations still are, and will remain, bad," Kremlin spokesman Dmitry Peskov told reporters, according to Reuters.Analysts tend to agree that what we could see potentially is a paring back of financial support but by no means a complete withdrawal of aid — for now at least.
Timothy Ash, senior emerging markets sovereign strategist at BlueBay Asset Management, said it was in the U.S.' interest to continue supporting Ukraine, given it erodes the Putin regime.
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