The war in Georgia heightens the tension between Russia and the US, reminding many of us of the Cold War era. How this shift in the international arena might affect the state of Israel?
Well, first of all, there’s Iran. A growing involvement of American forces in Eastern Europe would make it virtually unable to open a new front in Iran. Furthermore, Russia’s backing is essential for any UN sanctions on Iran, and such backing is already quickly evaporating as the old tensions between the superpowers come to life again.
When faced with the pressure to choose sides, Israel will surely align itself with America. This could severely affect the large Russian population within Israel, which could become disgruntled and more alienated. In addition, Russia may make it more difficult for Jews in Russia to make Aliyah, which is a vital process in maintaining the delicate demographic balance in this country.
Finally, the prolongation of this conflict will have serious worldwide economic implications, especially on oil prices and on the American currency. Are we prepared to stand the tide?