Russia

  • Nigeria has risked its credibility by announcing a deal to free 200 schoolgirls kidnapped by Boko Haram before they are released safely
  • Poland’s lossmaking coal industry, once seen as a bulwark against reliance on Russian energy resources, is in dire need of reform
  • A severe drought in São Paulo is not just affecting Brazil’s coffee and sugar crops, it could also play out in Sunday’s presidential election run-off
  • A weakening currency should mean a boost to exports and inflation, but that theory will be put to the test in the eurozone
  • South Korea’s professional video game competitions, known as ‘e-sports’, are so popular they fill stadiums with 40,000 fans cheering on players

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By Gideon Rachman
Is Vladimir Putin a wimp? The Russian president has a macho image and has shocked the west with his annexation of Crimea. But, in Moscow, there are hardliners who seem frustrated that he has not gone further.

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By Gideon Rachman

In 1990 Kenichi Ohmae, a management consultant, published a book called The Borderless World, whose title captured the spirit of globalisation. Over the next almost 25 years developments in business, finance, technology and politics seemed to confirm the inexorable decline of borders and the nation states they protected.

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Gideon Rachman

The announcement by Petro Poroshenko that Russia has withdrawn 70 per cent of its troops from Ukraine has prompted both hope and anguished debate in the Ukrainian capital, Kiev – where I am at the moment. The argument now is whether Ukraine should try to cut a peace deal with Moscow.

President Poroshenko is regarded as the chief partisan of the “peace party” in Ukraine. But he has to tread carefully because many Ukrainians would regard cutting a deal with Vladimir Putin’s Russia as folly or betrayal – or both. Read more

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By Gideon Rachman
At the beginning of the year, I gave a talk about “geopolitical risk” to a big conference of investors. I trotted briskly around the course: Russia, the Middle East, the South China Sea, the eurozone. Afterwards, I was having coffee with one of the other speakers, a celebrated private-equity investor, and asked him how much he thought about geopolitical risk.

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