Thus the Financial Times today. “Russia’s president’s policy vision suggests west faces stark choice,” elaborates the newspaper. The title and the byline are puzzling, to say the least, but the article offers yet another reading of the Russian president’s recent anti-American invective in Sochi. To quote the offer, “work with Moscow and other rising economies on a more equitable global order or things could get very bad indeed.” This is understood as Putin’s new foreign policy doctrine, no less. To quote from his speech, Americans were “constantly fighting the consequences of their own policies, throwing all their efforts into addressing risks they themselves crated.” Pretty astute, this. What the world needs instead is the “legal, political, and economic basis for a new world order that would allow for stability and security, while encouraging healthy competition.” Very well put. In short, it is time for America to recognize that it is not alone in the world any longer. As for the warning, there are many parts of the world that are “at the intersection of major states’ geopolitical interests,” Putin argued. Ukraine is neither the first nor the last example of such intersections. Indeed. All in all, today’s reading of Putin’s speech in Sochi is quite to my liking. Let us see what Barack Obama will make of it. The ball is in his court now.