Russia’s billionaires

According to Forbes Magazine thirty-nine of the world’s hundred richest people are Americans. Their fortunes amount to 4.6% of US GDP. Fourteen of the world’s hundred richest people, the next largest group, are Russians. The Russian concentration of super-wealth – at 26 per cent of GDP - is much higher, since Russia’s national income is … Continue reading Russia’s billionaires

Extradite Lugovoi? What were the British thinking…

When will the children grow up? Britain and Russia have been squaring up like surly adolescents. The Cold War is over, but both sides are addicted to Cold War games which have no purpose except to show that their testosterone is pumping powerfully. The present quarrel started last November with the assassination by polonium poisoning … Continue reading Extradite Lugovoi? What were the British thinking…

Prime Ministers and Presidents

Almost all countries require their political leaders to relinquish power before they are ready to. Different political systems have different exit requirements. Tony Blair, who stepped down yesterday after ten years as British prime minister, was under no constitutional obligation to leave. Formally, a British prime minister exercises power on behalf of the Queen, who … Continue reading Prime Ministers and Presidents