Russian economic collapse
After 10 years of 7% growth, the Russian economy is set for a serious setback. The video below lays out some of the details.
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Russia
China slams U.S. profligacy
Smarting from Tim Geithner's comments about China manipulating, its currency, the Chinese have retaliated with a condemnation of U.S. economic policy in the harshest of terms. At the World Economic Forum, Chinese Premier Wen went on the…
Jim O’Neill on the Global Economy
The Chief Economist of Goldman Sachs sat down with the FT's David Oakley and had a go on a number of topics from the financial crisis, investments in Emerging Markets, the future of the Bric (Brazil, Russia, India and China) economies, to…
FT: Ukraine must pay Russia market prices for gas
The row between Russia and Ukraine over payments for natural gas looks to be de-escalating. Gazprom has committed to letting the gas flow freely again after the EU requested this action be taken. The question now is whether the core issue…
Russia cuts Europe off completely from its gas
The Ukraine-Russia row over natural gas has escalated to a new high. Now, state-owned Gazprom has completely cut off supplies to Europe through the Ukrainian transit route. It still remains unclear what the ultimate aim of the Russians…
Who is the next Iceland?
The question on everyone's mind in the emerging markets is who will blow up next. Arnab Das of Dresdner Kleinwort Benson takes a stab at answering that question. He targets the Baltics as the problem children and sees current account…
Russia’s choice between a nuclear arsenal and a modernized infantry
In a world of limited resources where oil prices have plummeted, Russia's military is ever more stretched. Yesterday, I highlighted the implosion in the Russian economy, suggesting that many in Washington see Russia as a potential problem…
Russia devalues currency again as foreign reserves plummet
Russia is one country that we do not want to see fall on hard times. It has great geo-strategic power, but a weak economy, declining oil output and revenues and increasingly autocratic rule? Now it is being roiled by the global financial…
Russia vs. Georgia: exposing US foreign policy
At first glance, a flair-up in the Caucasus region seems to have little meaning for Americans. But just as the collapse of the subprime mortgage market ultimately came to symbolize the beginning of the end of an American credit system run…
The Cold War redux
Recently, I have become very concerned about the deteriorating geopolitical situation and its likely effects on the global economy. The Georgia-Russia situation produced a response from the U.S. to defend Poland with a missile shield,…