Real News Video: Russia's new president faces US on Iran

"Eric Margolis: Medvedev will continue policy of opposing any US attack on Iran

Thursday May 15th, 2008

Dmitry Medvedev was inaugurated as the new president of Russia last week, following the resignation of his mentor and predecessor, Vladimir Putin.

The outgoing president will now act as Prime Minister, a position from which he will oversee both domestic and foreign policy. Pressing issues for the new leadership include expanding relations with Iran, and acting as a counterweight to American involvement in the region. Russia's resource-driven economy has flourished as soaring oil prices bring new found wealth and influence to this emerging powerhouse. The Real News Network analyst Eric Margolis examines the implications of a new Russian leadership."