Revolution’s End – By Susan Glasser | Foreign Policy and more


Revolution’s End – By Susan Glasser | Foreign Policy

Gennady Burbulis was one of those supporters. A top aide to Yeltsin at the time of the coup, Burbulis was a philosopher-turned-democratic reformer; he believed in a different course for Russia. And yet consider his acerbic account in a special issue of Foreign Policy, the magazine I edit, devoted to the Soviet collapse two decades later: “The coup” of August 1991, he wrote, “was the political Chernobyl of the Soviet totalitarian empire. Like the meltdown of a faulty nuclear reactor, the failed putsch blew the country apart, scattering the radioactive remnants of the Soviet system throughout the country…. It spoiled the promise of a democratic Russia before it had even begun.”

Revolution’s End – By Susan Glasser | Foreign Policy

 

Fascist Russia?

The Kremlin plays a dangerous game by pandering to far-right hate groups.

Twenty years later, at least half of that apocalyptic vision has come true. Russia’s liberals have indeed failed; Russia is now ruled by an authoritarian clique of former KGB men. And Belov may also have accurately foreseen the triumph of the far right. On the surface, a decade of high oil prices has brought ordinary Russians rising living standards and a semblance of political stability. But even the Kremlin’s closest allies fear that when oil prices eventually fall and the tide of easy money recedes, the ugly reality of an angry, fascist Russia could be revealed.

Why the Kremlin Aids the Rise of Russia’s Far-Right Hate Groups – The Daily Beast

 


Mossad’s Miracle Weapon: Stuxnet Virus Opens New Era of Cyber War – SPIEGEL ONLINE

The Mossad, Israel’s foreign intelligence agency, attacked the Iranian nuclear program with a highly sophisticated computer virus called Stuxnet. The first digital weapon of geopolitical importance, it could change the way wars are fought — and it will not be the last attack of its kind.

He spoke passionately about the risks of a possible military strike against Iran, saying that he believed that such an attack would lead to a conflagration in the region that would include a war with Hezbollah and Hamas, and possibly with Syria. And anyone who believed that a military strike could stop Tehran’s nuclear program was wrong, said Dagan. It could slow down the program, he added, but only temporarily. For this reason, the outgoing Mossad chief was against bombs — but in favor of anything that could set back the Iranian nuclear program without starting a conventional war.

Delay was the new magic word. And to that end, the Mossad head had created a miracle weapon that everyone in the room on that January day knew about, but which Dagan did not mention by name: Stuxnet.

Mossad’s Miracle Weapon: Stuxnet Virus Opens New Era of Cyber War – SPIEGEL ONLINE – News – International

 

Are Iran’s Leaders About to Get Rid of Ahmadinejad? – FoxNews.com

Could Iran’s President Mahmoud Ahmadinejad be facing the ultimate pink slip? Could his job as president be threatened by a severe rift within the Iranian leadership?

The possibility is not as far-fetched as it might sound.

A major rift between Ahmadinejad and Iranian Supreme Leader Ali Khamenei surfaced after the president’s dismissal of the minister of intelligence in April and his subsequent reinstatement by Khamenei.

Are Iran’s Leaders About to Get Rid of Ahmadinejad? – FoxNews.com

 

US Real Estate: Housing’s Double Dip Part II: Rising Foreclosures – CNBC

The system is ramping up again, and foreclosure starts are up dramatically, more than 10 percent in June from the previous month, according to Lender Processing Services (LPS). The good news of the past few months has been that while the end game is quickening, as stalled foreclosures are making their way through the system at a faster pace, new delinquencies were decreasing, leading us all to believe that the crisis is abating.

Well think again.

US Real Estate: Housing’s Double Dip Part II: Rising Foreclosures – CNBC

More Articles.

 

China and the Dollar: Dollar to Be ‘Discarded’ by World: China Rating Agency – CNBC

The man who leads one of China’s top rating agencies says the greenback’s status as the world’s reserve currency is set to wane as the world’s most powerful policy makers convene to examine the implication of S&P’s decision to strip the United States of its triple “A” rating.

China and the Dollar: Dollar to Be ‘Discarded’ by World: China Rating Agency – CNBC

 

Iran says U.S. ‘will be taught the mother of all lessons’

Editorial warns of pending cyber attack on electrical grid

Iran is planning to retaliate against the United States for the sabotage
against its nuclear program, according to an editorial in the Kayhan
newspaper, the mouthpiece of Iran’s supreme leader, Ayatollah Ali
Khamenei.

Iran says U.S. ‘will be taught the mother of all lessons’

 

Iran, Turkey Compete to Establish new Caliphate for Muslim World – Grendel Report

Iran and Turkey are pitted in a battle for influence in the Arab world, a report said.

The report by the Jerusalem Center for Public Affairs asserted that Iran and Turkey were vying for control over the Middle East. The report by former U.S. defense official Harold Rhode said Turkey sought to represent the Sunni majority in the Middle East while Iran was focusing on the Shi’ites.

Iran, Turkey Compete to Establish new Caliphate for Muslim World – Grendel Report

 

China’s A Creditor’s View of the Debt Debate: America in Decline – The Daily Beast

Whatever the rating agencies say, many in China believe the U.S. is no longer creditworthy.

Viewed from Beijing, it looked very different. Indeed, it’s hard to imagine what more we could have done to vindicate the Chinese Communist Party’s position that Western democracy is a form of institutionalized chaos to be avoided by all sane Asians.

China’s View of the Debt Debate: America in Decline – The Daily Beast

All countries are effectively a form of institutionalized chaos where small bumps can only be avoided at high cost – the eventual big crash. China’s big crash is coming.

I think the Chinese are making a lot of sense for the most part in this debate about America’s debt.

China has its own economic problems, to be sure. But they are the problems of a rising power. From Beijing’s standpoint, America’s problems are plainly those of a power in decline. We didn’t just raise a ceiling last week. In Chinese eyes, we also fell through a floor.

America is in trouble because it can’t or won’t stop spending. At some point it must hit a wall. Hard times are coming.

 

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