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Friday, March 29, 2024

A Glance At The Developing Political Crisis In Russia

Courtesy of Tyler Durden

The following video clip, courtesy of Stratfor, provides a quick glimpse into the ongoing power struggle between Russia’s two key political factions. As Russia is now the world’s largest exporter of petroleum and proven to be one not likely to comply with OPEC’s onerous quotas, the political situtation in Russia has substantial bearing for global commodity prices, in addition to various impact on local capital markets (although after last’s year performance those have been mostly deserted by foreign investors).

 

via John Mauldin

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