In Iran and Ukraine, what is at stake — what is fought for and against — is a rebalancing of power that will prove of world-historical magnitude when it is at last accomplished.
This year’s Munich Security Conference was predictably all about the imaginary danger that Russians intend to proceed westward into Europe as soon as they finish in Ukraine.
There is always something volatile about a handicapped Great Power when a whole new intensity appears in political, economic and historical circumstances, writes M.K. Bhadrakumar.