Russia’s oil-fired economic miracle is unraveling as industry shrinks and job losses mount. Now the first stirrings of social unrest have the Kremlin groping for a response.
…
Previous periods of low oil prices in the 1980s and 1990s contributed to the downfall of two Kremlin administrations — those of Mikhail Gorbachev and Boris Yeltsin. Often, social [...]
1913 Intel
International Conflict, Western World Threats and Geopolitical Intelligence
Oil’s Crash Stirs Unrest in Russia as Slump Hits Home
Posted by Matt in December 19th, 2008 | no comment
Published in Russia, 1980s, 1990s, Attempt, Billions Of Dollars, Boris Yeltsin, China, Crash, Currency Reserves, Downfall, Economic Miracle, Financial Crisis, Foreign Currency, Gold, Japan, Job Losses, kremlin, Mikhail Gorbachev, Oil Prices, Periods, Public Panic, Ruble, Russia, Slump, Social Discontent, Social Unrest, Stirrings, Tens, Wsj
New Reports Cite China’s Dangerous Rise
Posted by Matt in November 25th, 2008 | no comment
Published in China, American Factories, Asia, Authoritarian Rule, beijing, China Economic, Chinese Industry, Congress, Consumers, Currency Reserves, Europe, Massive Transfer, National Security Interests, New Technology, North America, Security Review, Steady Influx, Trade Deficits, Transformation, Trillion, World Politics
The NIC notes that this transformation of world politics is the result of a massive transfer of wealth from West to East, from Europe and North America to Asia. The United States has transferred $1.2 trillion to China since 2001 by running massive trade deficits. These deficits have not only given Beijing the largest currency [...]
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