Analysis: Russia plays checkbook diplomacy in own backyard _ but finds money won’t buy friends

MOSCOW — Russia is using its energy wealth to shore up influence abroad, pouring billions of dollars in loans and grants into former Soviet states and long-standing allies — even as it faces its own severe economic downturn.

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"You see, wire telegraph is a kind of a very, very long cat. You pull his tail in New York and his head is meowing in Los Angeles. Do you understand this? And radio operates exactly the same way: you send signals here, they receive them there. The only difference is that there is no cat." - Albert Einstein

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Analysis: Russia plays checkbook diplomacy in own backyard _ but finds money won’t buy friends

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