No large company in the world has been so spectacularly mismanaged as Russia’s state-dominated natural-gas corporation Gazprom OAO. (GAZP) In the last decade, its management has made every conceivable mistake.
Even so, Russian President Vladimir Putin denies the very existence of a crisis and maintains his support for Alexei Miller, the chief executive officer since [...]
The potential for revolution is spreading around the world due to the financial crisis and the ability to transmit social information over the internet. There is talk of revolution in the US, Europe, Russia, China and other countries. That doesn’t mean it will happen this year, but who knows what will happen in the next [...]
But six weeks into this one, its initiator has found himself in the bind of his career. By allowing state TV to cover all the gory details of the bureaucratic bloodletting, Putin’s government seems to have only reminded Russians just how shameless and pervasive corruption has become. In one case, police claim [...]
The answer is not hard to find. In all likelihood, these leaders sense, either instinctively or intellectually, an impending crisis that could imperil the CCP’s survival in the same way that the French Revolution ended Bourbon rule.
Telltale signs of anxiety are already visible. Capital flight from China is now at a record high. Polls [...]
“When the next generation of Chinese leaders takes over this year, they will have to deal with problems from land to environmental protests,” reports suggest. But they are more likely to resort to xenophobic populism than genuine reform, says a Wukan villager:
Protesters shouted slogans like, “Russia without Putin” and waved signs saying things like, “Putin is a parasite,” according to Reuters.
Russia Today said activists also held signs reading, “Rights aren’t given, they are taken,” “‘Russia is a secular country, no to religious obscurantism” and “Anarchy: Dreams come true.”
The CCP’s mantra “stability above everything else” is a reflection of its instability.
Judging from the current political, social, and economic difficulties, China is on the eve of great political change.
Not only will the Bo Xilai/Wang Lijun “Chongqing incident” have a difficult aftermath, the power distribution battle around the 18th Party Congress has turned [...]
As the level of discontent rises in Russia, Moscow finds itself significantly short of well-trained riot police. The military and other police suffer from “low moral sensibility and dubious riot training.” In short, Moscow is in trouble and so is Russia.
Putin and his cohorts in the Duma seem to see themselves as being besieged [...]
And Putin’s return to the Stalinist practice of sending police to search opponents’ homes, combined with his attempts to ignite hostility between social groups – for example, between provincial Russia and the urban middle class – is deepening antagonism and distrust among citizens. In this way, Putin’s regime intensifies political dissenters’ longing for retaliation – [...]
The widening gap between the rich and poor in China is turning ever more numbers of ordinary citizens into social activists. If the government wants to maintain stability, it must address the root causes of growing protests — not just suppress them
And yet the country boils with discontent. Last year China averaged 500 [...]