Tuesday, 28 July 2015

The beginning of the end for China´s ruling Communist Party?

This is far more important than Greece! The beginning of the end for China´s ruling Communist Party?:

Chinese equities have suffered the sharpest one-day crash in eight years, sending powerful tremors through global commodity markets and smashing currencies across East Asia, Latin America and Africa.
The Shanghai Composite index fell 8.5pc despite emergency measures to shore up the market, with a roster of the biggest blue-chip companies down by the maximum daily limit of 10pc. The mood was further soured by news that corporated profits in China are now contracting in absolute terms, falling 0.3pc over the past year.

"Putinism" - Anne Applebaum´s outstanding analysis

An outstanding lecture on Putinism:

Anne Applebaum´s report on Putinism
Strongly recommended reading!

Monday, 27 July 2015

Botched Russian Navy missile launch

Russian frigate Ladny´s botched missile demonstration at the Crimea Navy Day parade:

Here is a list of other recent Russian military accidents: