Journalists and political analysts have been speculating about whether the Kremlin‘s anti-corruption campaign will cause a split among Russia’s ruling elite. Even if this is only a PR stunt by the authorities to co-opt the opposition’s main demand, it will not produce any serious or systemic changes. But as some analysts contend, even this “innocuous” battle with corruption might prove too much […]
STATE-RUN television is not usually the place to find news of corruption scandals involving officials close to Russia’s president, Vladimir Putin. Murky business dealings have never been a bar to government service. When high-level bureaucrats fall, they usually go quietly. But viewers have recently been treated to quite a spectacle on Channel One: evening broadcasts […]
Who runs the Internet? For now, the answer remains no one, or at least no government, which explains the Web‘s success as a new technology. But as of next week, unless the U.S. gets serious, the answer could be the United Nations. Many of the U.N.’s 193 member states oppose the open, uncontrolled nature of […]
President Barack Obama may announce his nominees for secretaries of state and defense and head of the CIA in the coming weeks, according to an administration official. Former Nebraska Senator Chuck Hagel, a Republican, is among Obama’s top candidates to head the Pentagon, replacing Defense Secretary Leon Panetta, said the official, speaking on the condition of anonymity. […]
The announcement by the Norwegian Nobel Committee in October 2009 that Barack Obama had won the Peace Prize came as a surprise to just about everyone, including the recipient. The president, barely nine months into his new job, knew that the award was an encouragement of his aspirations, not recognition of his accomplishments. He said […]
In a few quick decisions, President Vladimir Putin has devastated Russia’s energy policy. This daring radical change of strategy will primarily hit state revenues. The essence of these policy changes is renationalization, a massive increase in capital expenditure and reduced efficiency. For years,Gazprom has carried out too large capital expenditures, 70 percent of which investment analysts euphemistically with call “value detraction,” which really means corruption or […]
When oil prices spiraled much higher in global markets between 2003 and 2008, the governments of several oil-producing nations — including Algeria, Bolivia, China, Ecuador, Russia and Venezuela — responded by expropriating local assets of independent oil companies that had contracted to operate in their territories, or by imposing large windfall taxes on their oil […]
UNTIL the late 1950s America produced all the coal, oil and natural gas that its citizens could burn. But as they grew rich and bought cars as big as whales, America began to suck in fuel from beyond its shores. It now accounts for nearly a fifth of world energy consumption. China may be the […]
Russia’s T-50 stealth fighter prototype, the first radar-evading warplane outside the U.S. when it debuted in January 2010, is slightly less stealthy than the American F-22 and about equal to the smaller F-35. But in several other respects the new warplane from the Russian Sukhoi design bureau is actually superior to the American models. That’s the […]
