Flynt Leverett, a former National Security Council senior director and CIA senior analyst, said that Moscow was becoming a very important buyer of US Treasury bonds and US government agency issues. The specialist believes that those officials, who urge Washington to put forward various ultimatums to Russia, would hardly prefer Moscow disposing of its dollar assets. Leverett wrote for The National Interest that Moscow was sounding out opportunities of selling Russian crude for roubles, which would obviously affect long-term dollar positions. Washington hopes that Russia will not go too far. For example, Iran’s possession of nuclear weapons and the abrupt devaluation of Russian dollar assets would be highly undesirable for Russia as well. However, Moscow’s further actions will depend on new sanctions of the West that will have to think twice before reacting to possible recognition of South Ossetia’s and Abkhazia’s independence by Russia. More
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