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Expert in applied politics
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Date: 11.10.2011

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Finally, it all comes full circle in Russia. Vladimir Putin is the future President. Dmitry Medvedev is the future Prime Minister. Mikhail Prohorov is left out of the policy. No coups, no revolutions, no manifestations. Future appointees started reserving places in the cabinets.

While British Prime Minister David Cameron frightens his fellow citizens and EU colleagues with an economic collapse in a few weeks, Vladimir Putin soothes his citizens telling them there won’t be any second wave of crisis. Former Minister Alexei Kudrin, a man with his ‘lost decade’ threats to the global economy, has been fired.

The Russian economy ‘has almost regained its pre-crisis level,’ and unemployment ‘is almost very close to the pre-crisis levels’ (Economic Development Minister Elvira Nabiullina). The inflation rate in 2011 is projected to be ‘a new all-time low for modern Russia.’

It is worth reminding that the U.S. President Barack Obama admits that the American people are ‘not better off’ than they were four year ago. And the average unemployed American has now been out of work for a longer period than at any time since records began being kept.

Prime Minister / post-President Vladimir Putin advances a model of а ‘powerful supranational union capable of becoming a pole in the modern world.’ His Eurasian Union would be built by CIS nations (former Soviet union) however Putin points out that it would be naive to speak about reincarnating the Soviet Union.

Over the next 10 years, Russia will invest over 3 trillion rubles to completely re-equip and revamp its defence industry, which ‘will help modernizing the whole Russian economy’ (Putin). At the same time, it was announced earlier this year to spend the total of 20 trillion rubles (about $620 billion) on the new weapons ‘during the next years’ (with Russia’s projected GDP of 58 trillion rubles in 2011).

At the meeting in Arkhangelsk it was announced that licenses for Arctic offshore fields will go only to companies using Russian-made equipment.

All in all:

  • political stability,
  • sound economy,
  • centre of global leadership,
  • defence industry as priority,
  • domestic manufacturer support.

Recent events and announcements of the national top-management indicate clearly that Russia votes for steady constancy.


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