Oil proves Putin’s weak spot

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

21st December, 2014

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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