The question that has obsessed Moscow for so long has been answered: Vladimir Putin is to replace Dmitry Medvedev as president next spring, returning to the post he gave up four years ago.
The plan was revealed on Saturday at the annual conference of the ruling United Russia party where Medvedev pledged to support Putin in elections next March. The announcement will end the uncertainty that has swirled around the succession and help stabilise the Russian political elite at a time of domestic and global economic turmoil. Continue reading »
Europe’s eyes will be on eastern Europe come Tuesday as Slovenia’s parliament votes on the expanded EU bailout fund after its government fell following a vote of no confidence. On the same day Yulia Tymoshenko, the Ukrainian opposition leader returns to court on charges of abuse of power. Meanwhile,Taiwan’s monetary policy committee will meet on Thursday amid speculation about possible intervention to arrest the Taiwan dollar’s rise. Continue reading »