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    HomeAsiaRussiaGerman Media Suggests Venezuela Might Become Russia's 'New Cuba in US Backyard'

    German Media Suggests Venezuela Might Become Russia’s ‘New Cuba in US Backyard’

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    The arrival of Russian Tu-160 strategic bombers to has spurred negative reactions from some US officials, although the planes didn't carry nuclear armaments and had already visited the country in the past.

    German newspaper Frankfurter Allgemeine has alleged that the disturbance in US government circles, which was incited by the visit of Russian Tu-160s to Venezuela, is caused by the fact that while the US grip on the region weakens, especially on venezuela itself, Russia is continuing to cement its positions in the Latin American country. The newspaper even suggested that Venezuela might become a “new in the US backyard” for Russia.

    Frankfurter Allgemeine pointed out that in recent years Russia has heavily invested in the Venezuelan energy sector, saving it from stagnation due to ageing equipment and lack of new drilling sites. is also among the few states still giving Caracas new credits, restructuring and writing off old loans as the country struggles to cope with its huge debt. During the last visit by Venezuelan President Nicolas Maduro to Moscow, Russia promised $6 billion in investments in the near future.

    Another point of cooperation between the two states is the military sphere. The newspaper stressed that after the US stopped supplying Caracas with weapons and halted shipments of spare parts for F-16s, Moscow stepped in to fill the void. Russia and Venezuela have signed multi-billion contracts…

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