Mr. McConnell said Russia is trying to gain control over an energy supply and transportation network from Europe to East Asia while China is pursuing a foreign policy driven by a need to obtain access to markets and resources.
Photo: Reuters
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US Sees Russia, China, OPEC as Financial Threat
Russia, China and OPEC countries are the main financial threats for the United States, the U.S. spy chief told Congress on Tuesday.
National Director of Intelligence Michael McConnell voiced “concerns about the financial capabilities of Russia, China and OPEC countries and the potential use of their market access to exert financial leverage to political ends.”
Mr. McConnell said Russia is trying to gain control over an energy supply and transportation network from Europe to East Asia while China is pursuing a foreign policy driven by a need to obtain access to markets and resources. Meanwhile, some major oil suppliers delink their currencies from the dollar while the U.S. currency is weak, Reuters said.
“Continued concerns about dollar depreciation could tempt other producers to follow suit,” Mr. McConnell said.
Under U.S. anti-terrorism law, the director of National Intelligence acts as an advisor to both the U.S. president and the National Security Council.
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