The Cold War is dead, long live the Cold War. Such seems to be the mood in the corridors of power in Moscow. Many Russians believe the inauguration of U.S. President George W. Bush may initiate a new period of tension between Washington and Moscow

On the very eve of the inauguration, U.S. authorities arrested a senior Russian official, Pavel Borodin.

Borodin, a veteran of former President Boris Yeltsin's administration and now an enthusiastic promoter of President Vladimir Putin is one of the Kremlin's gray cardinals. A man of dubious principles and sinister reputation, he was recently accused by Switzerland of laundering $25 million in Swiss banks. He flew to the United States to attend Bush's inauguration but was detained at JFK airport in New York. The arrest has caused a political storm in his home country.