Ouch – Hamid Karzai, Afghanistan’s leader, Pakistani president, Asif Ali Zardari and Iran’s president, Mahmoud Ahmadinejad…

Hamid Karzai, Afghanistan’s leader, Pakistani president, Asif Ali Zardari and Iran’s president, Mahmoud Ahmadinejad had a pow wow today and a lot came out of it. What a way to end the week for Iran after they have been assaulted left and right by Israel, France, Britain and America… After seeing the trash talk by […]

The Silverware is Real Sterling in Russia…

When I was little we use to break out the real silverware when holiday guests came over. That was when you knew that good food was going to be served. These moments of real silverware came at Thanksgiving and Christmas usually and no other time. I remember my mother and father saving money for a […]

THE RUSSIAN MIDDLE CLASS: by Jon Hellevig…

The rapid economic growth enables the overwhelming majority of Russians, the large well-educated culturally advanced population, alias middle class, to fulfill its potential. Not only fundamentally but even in accordance with the economic figures the life conditions of these people more and more resemble those of the Western Europeans. The Aleksanteri Institute is the center […]

Russia is getting rid of those dollars: slowly but surely…

Russia has dropped its holdings of U.S. Treasuries over the past 14 months to $88.4 billion. Russia’s investment in U.S. Treasuries started to decline beginning October 2010. In December 2011, this investment fell to $88.4 billion from $89.7 billion in November, registering a 49.86 percent decrease over the 14-month period. This decrease will continue until […]