May 18, 2011
In 2007, a Russian businessman named Oleg Derapaska applied for a multiple-entry visa to enter the United States. Derapaska certainly had some impressive credentials—he is one of the richest men in Russia, with a fortune of $10.7 billion as of 2010, which he made initially by cornering Russia’s aluminum market. He is well traveled, and is the owner of a £25 million home in the Belgravia neighborhood of London. The State Department nevertheless turned him down (though it did grant him a one-time entry visa in 2009).
April 27, 2011
My third question is not yet answered. Can Communism in the course of time, with sufficient dilution and added impurity, catch the multitude? I cannot answer what only time will show. But I feel confident of one conclusion—that if Communism achieves a certain success, it will achieve it, not as an improved economic technique, but as a religion. The tendency of our conventional criticisms is to make two opposed mistakes.
April 21, 2011
Of all the countries in the world that one would expect to be a target of terrorist attacks, Belarus surely ranks near the bottom of the list. Unlike its neighbor, Russia, where a January bomb that killed 35 people at Moscow’s Domodedovo airport was just the latest in a string of attacks related to the ongoing conflict in Chechnya, Belarus is not fighting an Islamic insurgency—or, in fact, any type of insurgency. It’s an ethnically and religiously homogenous nation mostly composed of Orthodox Christian Slavs, kept in the tight grip of its authoritarian leader, Alexander Lukashenko.
The Trouble with MOX
April 07, 2011
Last August, workers at Japan’s now infamous Fukushima Daiichi nuclear plant loaded the first batch of mixed-oxide fuel, or MOX, into one of their reactors. The event went largely unnoticed in the United States; but in Japan it was deeply controversial. Unlike traditional nuclear fuel, which is pure uranium, MOX is a far more dangerous blend of both uranium and plutonium (the latter is among the most carcinogenic substances on Earth).
The Fourth Wave
March 14, 2011
Alexis de Tocqueville once wrote that all the great events of the past 700 years—from the Crusades and English wars that decimated the nobles, to the discovery of firearms and the art of printing, to the rise of Protestantism and the discovery of America—had the ineluctable effect of advancing the principle of equality. Political scientist Samuel Huntington went further and identified several historical waves of democratization. The First Wave began with our own revolution in 1776, which was quickly followed by the French Revolution.
Russia’s Deep Despair
March 03, 2011
Every night for a week and a half, I stayed up until four in the morning in my Moscow hotel room, watching Egypt’s glorious revolution. It was a routine prompted partly by a bad case of jet lag, but mostly by captivation with an uprising that appeared to have acquired its own unstoppable momentum.
January 27, 2011
When Dmitri Medvedev became Russia’s president in 2008, he projected a very different image from that of his predecessor. Vladimir Putin is a buff former KGB agent who is fond of rugged pursuits, such as hunting and fishing, and is frequently photographed engaged in them without his shirt on. Medvedev is an elfin St. Petersburg-trained lawyer who enjoys chess and photography, practices yoga daily, and is the proud owner of the complete recordings of Deep Purple on vinyl.
2011--The Year of the U.S. Economic Comeback?
January 14, 2011
Jim O’Neil, an economist at Goldman Sachs and the man who coined the acronym “BRICs” (standing for Brazil, Russia, India, and China) and thereby promoted those countries to the forefront of U.S. and European consciousness, is now saying that the year 2011 is “the year of the U.S. comeback.” Now, it’s true, analysts at investment banks make a lot of lousy predictions. And as our last “MetroMonitor” showed and as everyone in touch with reality already knows, the U.S. economy is still struggling.
January 13, 2011
In the summer of 1932, Louis McFadden, a former bank president turned Pennsylvania Congressman, stood up on the House floor to reveal a sinister plot. Over the course of a 25-minute speech, he explained how the Federal Reserve—“one of the most corrupt institutions the world has ever known”—was being steered by a cabal of European bankers who had, among other sins, paid for Leon Trotsky’s return ticket to Russia and funded the October Revolution. But McFadden’s pleas to dismantle the Fed and embrace gold (in his view, “the only real money”) were greeted with ridicule.
Chalk This One up to Obama's Brilliant Foreign Policy As Well
January 06, 2011
The Hurriyet Daily News and Economic Review is Turkey's major English language newspaper. Its web site this morning reported that, according to a survey of 1503 Turks done by MetroPoll, the United States is considered by 43% of the population as the major threat to Turkey. This means that the U.S. heads the list of enemies of the Turkish state. Israel follows but by only slightly more than half of the respondents. As for Turkey's traditional enemies -Iran, Greece, Iraq, Russia, Armenia- very few respondents see them as antagonists at all.