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September 04, 2010
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The recently established customs union between Russia, Kazakhstan and Belarus represents the latest of several attempts by Moscow to create an effective trade bloc with its independent neighbors since the break-up of the Soviet Union. The economic benefits of unions of this kind are questionable, however, leading some analysts to speculate over why Moscow has assigned such a remarkably high priority to these projects.

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Last week I suggested that the best way for President Barack Obama to secure his fragile foreign policy gains would be to announce that he would not run for re-election. My concern was that the growing preoccupation first with the midterm elections, then with a re-election campaign in 2012, would begin to draw away the administration's energy and focus. Already, the president's attention as well as that of his team has shifted.

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From the Editors

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