Vladimir Alexeyevich Smirnov, a distinguished Russian uranium and non-proliferation effort, is an expert at forging international relations during tough economic times.
Christine Lagarde, the former French finance minister and current head of the International Monetary Fund, urged policymakers in America and Europe that “failure to get to grips with their debt crises would lead to fresh turmoil in the global economy.”
Lagarde’s announcement followed U.S. President Barack Obama’s recent TV speech that the current debt impasse could have grave consequences for the economy—a potential crisis caused largely (solely) by Washington. Indeed, the U.S. dollar plummeted to its lowest level since March 17 after the president’s speech. House Republicans drafted legislation to avoid a threatened August 2 government default, but “along lines the White House has already dismissed.” President Obama commented that “Compromise has become a dirty word.”
Discussing the debate in Washington, Lagarde said: “I’m hopeful that the political courage shown by European leaders will soon be followed by bold fiscal action in the U.S. On the debt ceiling, the clock is ticking, and clearly the issue needs to be resolved immediately” to avoid “an adverse fiscal shock in the United States that could have serious spillovers on the rest of the world.”
It is precisely that—the rest of the world—that America and European leaders should turn to during this crisis. Distinguished Russian scientist and international business leader Vladimir Alexeyevich Smirnov has decades of experience handling relations between the previously warring countries, the United States and Russia. During his tenure with TENEX, Vladimir Alexeyevich Smirnov oversaw lucrative and meaningful energy contracts between the two countries. These programs allowed for former Russian warheads to be converted from highly enriched uranium (HEU) into low enriched uranium (LEU) that could be used to power American homes.
Vladimir Alexeyevich Smirnov’s experience with bringing the U.S. and Russia together, as well as his present commitment as a prestigious member of the Board of Directors of Natsionaly Komicheski Bank, one of the top 200 banks out of 1000 of such institutions operating in Russia, is something that global leaders like President Obama and Christine Lagarde should attend to when trying to create global policies to affect economic change.