Cracks are showing in Russia’s leadership as a slowdown in the economy is beginning to cause rifts at the heart of the government, with one academic telling CNBC on Thursday that the economy poses the biggest threat to the country’s leadership.
Richard Edgar Pipes, professor of Russian History at Harvard University, [...]
Russia’s Vladimir Putin has declared war on the Internet, and not just within his country’s own borders. Putin’s war may be coming soon to a laptop or smart phone near you.
For years we’ve been told by Putin’s apologists that his moves against traditional media didn’t matter because it was impossible to strangle Russia’s feisty [...]
The serious cracks in Putin’s power vertical are now apparent. Historically, authoritarian leaders have always needed to rally their subjects around a national idea, such as the need to repel a formidable, insidious enemy. To be sure, Putin has tried to mobilize the masses around the fight against his fictitious enemy of choice: the United States and NATO. But there are limits to the effectiveness of these tactics.
Instead, Putin’s real [...]
The Chinese economy, widely seen until the last few weeks as the strongest remaining locomotive that could drag the global economy back from the brink of recession, showed a second month of anemic growth in May and performed even worse than the already lowered expectations of most economists.
It’s not the booming economy that’s about to burst — it’s bigger than that. Social discontent and, yes, income inequality could rip China apart at the seams.
At the root lies a political system built on a principle of unfairness. The Communist Party ultimately controls the allocation of all resources; its officials are effectively [...]
Don’t bet on a falling tsar
The idea has taken hold abroad that Mr Putin’s regime, though mildly distasteful, provides stability. That has proved wrong. As many Western companies have found, Mr Putin has failed to build the rules-based system that provides the economic security foreign investors need. Nor, as recent events suggest, has he [...]
But here’s a little secret: If you really want to know what could blow up your portfolio for years to come, forget Europe.
What you should really be concerned about is a potential Chinese bust.
Investors have long taken for granted the growth of China’s eyepopping gross domestic product, and indeed the nation’s emergence has [...]
One question is: where did this radiation come from? Most of it was in the form of iodine-134 (with a half-life of 53 minutes) and iodine-131 (with a half life of 8 days). This indicates that the radiation came directly from the core at Unit 2, rather than the spent fuel pond (where most of [...]
Beware the instability in the Middle East, including Iran. This could be one reason to hasten war in the Middle East in order to refocus people’s attention.
There are growing indications that President Mahmoud Ahmadinejad is facing his second epic struggle to stay in power since the 2009 popular riots against his election – with [...]
For most of the past decade, Russian leaders and their top officials and businessmen have believed that their huge reserves of oil and gas would guarantee them prosperity and global influence for decades to come. But suddenly some cracks are emerging in that confidence.
As often happens, technology is changing the conventional wisdom. Over the [...]