Excessive intrusions by the Chinese state to shore up confidence in the country’s financial markets are precisely what led to overheating.
Issues such as the Iran deal, the rise of the self-styled Islamic State, and the spread of Russian military and economic influence continue to highlight the importance of the Caucasus region on the world stage.
The Russian elite and public are propagating certain myths that Western sanctions are not hurting or are even helping Russia's economy. The reality is much bleaker: sanctions are here to stay for a long time and there can be no healthy economic development while they are in place.
Russia is a superpower in decline, and the challenge it poses to the United States is very different from that posed by the Soviet Union.
Putin phoned IMF chief, asking the Europeans to support Athens in any way possible. It is likely that Obama asked to do the same thing: there is no indication that Greece was ever a point of contention between Russia and the United States—despite Greece’s position on the Ukrainian crisis, its anti-Western rhetoric, and Tsipras’ friendship with Putin
While using terms like democracy and justice, Syriza has presented Europe with a third-world understanding of these concepts. For the Greek leadership, a nation’s collective dignity is more important than personal dignity, and someone else is always to blame for our misfortunes. What should Europe do with the rebellious nation while holding the bloc together in the process?
A party of professional protesters is now calling the shots in Greece. So why are we surprised that their time in office has yielded little except more protests? In recent decades, Greeks have gotten used to negotiating with the government through pickets and protests. But what works at home, doesn’t work abroad
The Armenian protesters are motivated by socio-economic issues and the desire for social justice—not larger notions of democracy that constitute international human rights advocacy.
Ukraine’s five wealthiest people have lost a collective $9.75 billion in the last year. To put this number in perspective, the IMF’s bailout package is worth $17.5 billion.
Russia’s current president is not planning on staying at the helm forever, since he is not ready to raise the retirement age. His inaction will destroy Russia’s economy, at the very latest by 2030.