Another Big Win For Putin!!!

Ghost_In_A_Shell

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They are? Last I checked non-Western nations love them and they won in Ukraine.

Short term , yeah.

But long term , its a totally different story.

All Russia got was a poor oil deal and they lost an pipeline opportunity. the only two things that it can trade are arms and oil........their desperate relationship with china is temporary at best.
 

Poitier

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Short term , yeah.

But long term , its a totally different story.

All Russia got was a poor oil deal and they lost an pipeline opportunity. the only two things that it can trade are arms and oil........their desperate relationship with china is temporary at best.

I wouldn't be so sure.
 

Ghost_In_A_Shell

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Who said they have to have a diversified economy?

Power , wealth, and survival say so. How much oil does Siberia have? Tell me how long it will last?

.....and lets remember how many companies Russia has in total -Ten.

.....Ten fukking companies that are state owned..................
 

Ghost_In_A_Shell

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on another note, not to simp

nice to have a black woman who talks current events on here :wub:

Just you wait....I am going to totally get all of the lsa in on Higher Learning.........They had an awsome discussion on gender on the forum.....................

Oh, and no nudes for you...........

and no derailment from conversation....................
 

88m3

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Russia’s Halfway House
OCT. 24, 2014

Continue reading the main story
Continue reading the main story

Contributing Op-Ed Writer

By MAXIM TRUDOLYUBOV

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WASHINGTON — Vladimir Yevtushenkov, an oligarch under house arrest in Moscow since mid-September on charges of money laundering, may or may not be guilty of any wrongdoing. But he is different from many of his ilk in one important way: He is one of the rare moguls who lives and pays taxes in Russia but directly owns a major stake in his London-listed company Sistema. The vast majority of his peers operate through chains of shell-companies that lead to obscure off-shore havens.

Yevtushenkov had been thought to enjoy special protection. But the fate of the once-powerful billionaire, No. 15 on the Forbes list of Russia’s richest men, has clearly changed. We will never know exactly why he lost favor — the infighting among high-power business and political figures is as obscure as ever.

Russia is a halfway house. It has private companies, markets and all kinds of consumer wares, but it lacks crucial institutions that help us enjoy all those material goods. There are no such things as impartial courts, honest law enforcement or respect for the rules. Many Russian businesses are incorporated abroad for a reason.

The ability to trade, transfer assets across borders and to come and go as you please were among the most visible post-Soviet achievements that stayed untouched under Vladimir Putin. Although he curtailed many other rights, including freedom of speech and freedom of assembly, borders stayed open. This was not because people wanted to travel freely, but because Russia’s political system needed a vital safety valve.

The lack of political clout from businesspeople and civil rights groups has allowed the Kremlin to respond quickly to isolated cases of resistance while staving off comprehensive reforms of the judiciary, the police and most public services. The pressure has been low because, paradoxically, Russia’s business community has never really championed private property rights in any substantial way. Most businesses have long been registered in offshore jurisdictions, most entrepreneurs have long ago acquired foreign residency permits, and their money has been safely parked abroad. The elite have learned to use the education and healthcare systems of other nations while ignoring the deterioration of those services at home. Thus the Kremlin could afford to keep Russian institutions conveniently incomplete.

“The people who are the most likely to be upset by the poor quality of governance in Russia are the very same people who are the most ready and able to exit Russia,” the political scientist Ivan Krastev warned in the Journal of Democracy back in 2011. “For them, leaving the country in which they live is easier than reforming it. Why try to turn Russia into Germany, when there is no guarantee that a lifetime is long enough for that mission, and when Germany is but a short trip away?”

Relative ease of access to Western jurisdictions has prevented pressure within the Russian political system from growing. But this safety valve may soon malfunction. Moscow’s moves on Ukraine, the West’s response, and Putin’s countersanctions have dealt a blow to Russia’s openness. Opportunities for political, social and business integration are narrowing and some doors are being shut entirely.

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Various Western countries have placed roughly 100 Russians and a few dozen Russian and Crimean companies under direct sanctions. On its end, the Kremlin has been compiling blacklists of foreign officials, restricting food imports and introducing informal travel bans for some categories of its own citizens, mostly law-enforcement officials and judges. Parliament is preparing comprehensive legislation limiting foreign travel for all high-ranking officials. A draft law banning them from receiving medical treatment abroad was moved recently but failed to pass. Senior officials are already prohibited from opening and operating bank accounts in foreign financial institutions.

But these measures are only the tip of the iceberg. Many Western banks have introduced internal restrictions on any business with Russia just to steer clear of potentially toxic assets. The access of Russian firms and lenders to foreign financing has been severely limited while they have to repay $134 billion in external debt before the end of 2015, according to the Russian Central Bank. Unless foreign sanctions are relaxed Russian companies will face a credit crunch in 2016, the ratings agency Moody’s said recently.

Ordinary individuals also have felt the bite of the sanctions and the general deterioration of the economic outlook. The ruble early this month reached historic lows against the dollar and the euro. Many Russians had to put plans for big purchases and foreign travel on hold.

These are just some preliminary signs of things to come if Russia continues its drift toward isolation. The price of closing the channels of exchange with the West may prove huge not just for the economy but for the political system. If more businessmen are forced to abandon their Western havens the demand for the protection of their rights within Russia will grow dramatically. Theoretically, this may even lead to gradual improvement in the quality of courts and law enforcement.

But in reality, the shadowy case against Mr. Yevtushenkov is a more likely example of what might ensue. (It appears that the Kremlin wants his conglomerate, Sistema, to spin off its Bashneft oil holdings to Rosneft, which is heavily in debt, particularly to the Chinese. Mr. Yevtushenkov objects, hence his house arrest.)

Given the half-built state of the institutional system, isolation will make whatever legal protections Russians still possess an even more scarce resource. This, in turn, will lead to a heightened role for informal “guarantors” of property and safety — the Kremlin and the high-ranking security officials it relies on. These guarantees are always ambiguous. If Russia, helped by sanctions, closes its doors, the country will degenerate in wild infighting, the outcome of which it will be impossible to predict.

Maxim Trudolyubov is the opinion page editor of the business newspaper Vedomosti, a Wilson Center fellow in Washington, and the author of a forthcoming book on power and property in Russia.


http://www.nytimes.com/2014/10/25/o...20CE010683ABED&gwt=pay&assetType=opinion&_r=0
 

88m3

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Putin Accuses U.S. of Blackmail, Weakening Global Order
By Stepan Kravchenko Oct 24, 2014 3:22 PM ET
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Photographer: Oliver Bunic/Bloomberg
President Vladimir Putin said, “The Cold War has ended. But it ended without peace... Read More

The U.S. is behaving like “Big Brother” and blackmailing world leaders, while making imbalances in global relations worse, Russia’s president said.

Current conflicts risk bringing world order to collapse, Vladimir Putin told the annual Valdai Club in the Black Sea resort of Sochi. The Cold War’s “victors” are dismantling established international laws and relations, while the global security system has become weak and deformed, with the U.S. acting like the “nouveau riche” as global leader, he said.

“The Cold War has ended,” Putin said. “But it ended without peace being achieved, without clear and transparent agreements on the new rules and standards.”

Russia has clashed with the U.S. over conflicts from Syria to Ukraine, sending relations between the two countries to levels not seen since Soviet times. Putin, whose nation is on the brink of recession because of U.S. and European sanctions over Ukraine, also offered asylum to fugitive American government intelligence contractor Edward Snowden in 2013.

“Global anarchy” will grow unless clear mechanisms are established for resolving crises, Putin told the invited group of foreign and Russian academics and analysts. The U.S.’s “self-appointed” leadership has brought no good for other nations and a unipolar world amounts to a dictatorship, he said.

U.S. Response
“The United States does not seek confrontation with Russia, but we cannot and will not compromise on the principles on which security in Europe and North America rests,” State Department spokeswoman Jen Psaki said in response today in Washington.

Psaki said the U.S. was committed to upholding Ukraine’s sovereignty and territorial integrity while continuing to cooperate with Russia on other issues, including destroying nuclear stockpiles and Syria’s chemical weapons cache.

“Our focus is on continuing to engage with Russia on areas of mutual concern, and we’re hopeful that we’ll be able to continue to do that,” Psaki said, “while we still certainly have disagreements on some issues.”

Putin also attacked globalization, which he said has “disillusioned” many countries and risks hurting trust in the U.S. and its allies. More nations are trying to escape dependence on the dollar as areserve currency by forming alternative financial systems, according to the Russian leader.

Reserves Shrinking
Russia doesn’t want to restore its empire or have a special place in the world, Putin said. While it’s not seeking superpower status in international relations, it wants its interests to be respected, he said.

Putin also commented on Crimea, whose annexation by Russia in March triggered U.S. and European Union sanctions that have since been intensified over the insurgency in Ukraine’s east. Absorbing the Black Sea peninsula that was earlier part of Russia complied with United Nations norms and followed an armed seizure of power in Kiev, he said.

Russia wouldn’t “mindlessly burn up” foreign currency reserves to defend the ruble, Putin said, as he acknowledged that the reserves were shrinking from interventions in the market. Under pressure from sanctions and falling oil prices, the ruble fell to a record today against the central bank’s target dollar-euro basket.

Enemy Image
While Ukraine’s crisis isn’t the prime cause of Russia’s worsening ties with the U.S and its allies, attempts are being made “once again to create the image of an enemy, as during the years of theCold War” and to divide up the world, Putin said.

The Russian people sensed danger and are rallying around their leader, said Putin, who described himself as the country’s biggest nationalist. There were similarities between Russia now and the U.S. after the Sept. 11 attacks, he said.

Putin said that while President Barack Obama sees Russia as a threat, Russia didn’t seek a confrontation with the U.S.

The sanctions undermine World Trade Organization rules and Russia remains ready for dialogue over normalizing economic ties, he said.

Even so, Russia won’t “beg for anything” in response to the measures, nor is it walling itself off from the world, according to Putin. “External pressure, just as in the past, is only consolidating our society, not weakening it.”

He rejected a claim attributed to the Kremlin’s first deputy chief of staff, Vyacheslav Volodin, that “without Putin, there is no Russia.” The president told his audience that “Russia can get by without people like me.”

http://www.bloomberg.com/news/2014-...of-blackmail-says-global-order-weakening.html

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