World Citizen: How Will Russia Weather the Financial Crisis?

The uncertainty that characterizes the current global financial crisis extends beyond the markets, and its drama beyond the erratic moves of securities prices. When the dust settles after this economic storm, power relations will also have changed. One of the great unknowns — and one that will mark the character of the post-crisis era — is whether the new Russia will emerge from the crisis fortified or weakened. To hear Russia’s current prime minister and still-strongman, Vladimir Putin, tell it, this dire predicament is a well-deserved rebuke of American power. Speaking to Communist Party members of the Russian Parliament, a […]