Oil proves Putin’s weak spot

Saudi power games have changed the price of oil and upset the balance of power

21st December, 2014
5

It’s ironic that in the week that the US lifted its ridiculous embargo on communist Cuba, capitalist Russia experienced one of the most debilitating crises any capitalist country can go through – a run on its currency.

It is also a bit paradoxical that the Argentinian Pope brokered the US-Cuba thaw, particularly as Cuba, while culturally Catholic, is officially an atheist country. This proves that cultural ties – in this case Latin American...

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