–Vladimir Yakunin speaking to Vladimir Putin (Getty)
For 33 minutes on Wednesday, it appeared that Vladimir Yakunin, the powerful head of Russia’s state railway corporation, and a close personal friend of president Vladimir Putin, was out of a job.
His resignation, apparently, had been demanded by prime minister Dmitry Medvedev, and all the signs indicated that a behind the scenes bureaucratic turf battle was underway – a number of Mr Medvedev’s associates have had their careers cut short recently by people from Yakunin’s hard-line faction, and this smacked of retribution. Read more
Shinzo Abe speaks at the Guildhall (Getty)
Shinzo Abe didn’t tell his British audience at London’s Guildhall anything new about Abenomics, his programme to reflate Japan’s economy back to health. But it is worth listening once again to the impassioned language with which he endeavoured to sell it.
Not since Junichiro Koizumi, the last prime minister to promise radical reform, has Japan had a leader so obviously energised by a sense of his own destiny. Mr Abe does not possess the charisma of the Elvis-loving Koizumi, but what he lacks in appeal he makes up for in zeal.
Mr Abe pledged to be “a drill bit that will break through [the] bedrock” of Japanese regulations. He promised to be “afire, burning with all the political strength I can muster”. To allow Japan’s economy to shrink would not just be unfortunate, he said, it would be nothing less than a “cardinal sin”. (In nominal terms, at least, Japan has evidently been a sinful place in recent years.) Read more
♦ The G8 leaders commit to shake up international corporate tax rules, and crackdown on tax evasion and the shadowy owners of shell companies. (If you want to know why it’s such a global issue, take a look through our Great Tax Race series.) They also agree to push for a Syrian peace conference – although Putin still won’t budge on Assad.
♦ President Obama’s move to increase the public flow of arms to selected Syrian rebels is probably his worst foreign policy decision since taking office, argues Marc Lynch.
♦ To ordinary Russians, a defeat of the Syrian rebels is seen as a victory over the west, says Andrei Nekrasov, a Russian film and television director.
♦ Circassians are protesting against the 2014 Winter Olympics in Sochi, 150 years after being expelled from there.
♦ The tiny emirate of Fujairah is emerging as an increasingly important global strategic oil and logistics hub.
♦ The Global Post experiments with the language used by US journalists to write about foreign countries, by using it to write about the US.