this is so widely fucking known as to be thoroughly depressing and downright obvious
What part is widely known exactly?
this is so widely fucking known as to be thoroughly depressing and downright obvious
What part is widely known exactly?
Did you notice we're not going to war with syria anytime soon
They're handing over their chem weaps to russia/un and signing a treaty
so.. war averted, go home with your conspiracy bullshit
(wouldn't it have been nice if this happened with iraq)
yup obama is getting outplayed by putin
putin is going to get his way with georgia and syria, the dude might be a tyrant but he's good at his job
yup obama is getting outplayed by putin
putin is going to get his way with georgia and syria, the dude might be a tyrant but he's good at his job
yup obama is getting outplayed by putin
putin is going to get his way with georgia and syria, the dude might be a tyrant but he's good at his job
THE good times for Gazprom once seemed like they would never end. The world’s largest natural-gas producer, founded out of the old Soviet gas ministry, enjoyed sky-high gas prices for years. The gas flowed along pipelines into Europe; the profits flowed back. Gazprom began work on a $1.9 billion headquarters in St Petersburg and acted as a bottomless wallet for Russia’s rulers. Whatever problems it encountered, it could “drown with money”, as Natalia Volchkova of the New Economic School in Moscow puts it.
All this is now under threat. Its ageing gasfields are in decline. Thanks to America’s shale boom, gas is more plentiful on the world market. Gazprom’s European customers are realising that they have other choices. The prices it can charge are falling, and with them the firm’s prospects.
...
As President Vladimir Putin consolidated his power in the early 2000s, he built Gazprom into a main instrument of Russia’s new state capitalism. He appointed allies to top positions. He used Gazprom as a tool of foreign policy, for example by cutting off gas supplies to Georgia, Ukraine, Belarus and Moldova during political rows.
Gazprom’s deep pockets have helped Mr Putin at home, too. It sells gas cheaply in Russia, so that the poor do not freeze in winter. Oddly for an energy company, it has bought television stations and newspapers, all of which are now friendly to the Kremlin. Mikhail Krutikhin of RusEnergy, a consultancy, says, “Gazprom has one manager: Putin.”
...
The Peterson Institute for International Economics, a think-tank, reckons that although Gazprom posted nominal profits of $46 billion in 2011, it lost $40 billion to corruption and inefficiency.
And some projects favoured by Mr Putin are of questionable economic value. For example, he is dead set on building a $21-billion South Stream pipeline between southern Russia and Austria via eastern Europe. This project has political appeal because it would bypass troublesome Ukraine as the main transit route for gas to Europe. But given weak prices and demand, it is “commercial idiocy”, says Mr Krutikhin. The opening in 2011 of Nord Stream, an offshore pipeline to Germany, was a diplomatic coup for Mr Putin, but it is still running far below capacity.
These days, Gazprom is finding itself in an unfamiliar situation: it has more problems and less money with which to drown them. On March 4th its shares hit a four-year low. Investors reckon Gazprom is worth only a third as much as it was in 2008. By one broker’s calculation its market capitalisation of $110 billion is barely half the value of its assets.
The Economist
ya he so totally should've threatened retaliatory strikes/sanctions and escalated that shit
what the fuck
Maybe you missed where how his entire stance changed (he did threaten attacks) as Obama kept going, the EU was simply waiting on the UN report but had already said a strong action would be required if the UN investigation turned up evidence against Assad.
Putin blinked. Fortunately the weeping angels didn't get him...
Now, what are you referring to that is "widely known"?
geopolitics is pretty simple to some americans, usually the kind who say they want to visit 'europe'
or the people who think that the EU is one big federal country (already)
that geopolitics is almost never about the 'right' thing and almost entirely always about national/supra-national interests, and that in this particular case the major 'side-benefit' of a 'regime change' would be a shift in the dynamics of the european energy market
it is known