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There’s an old saying – not everyone with a knife is a cook. Take the EU trade commissioners, for example, and the European Commission’s Directorate-General III (Industry). For years, these appointees of every European manufacturing interest, large and small, have hectored audiences in Moscow about the desirability of reform in the Russian steel industry. They […]

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A Moscow investment bank recently concluded that President Vladimir Putin’s popularity has become so solid, “almost no imaginable political development can significantly affect it.” That’s quite a leap of imagination for a banker but, as the assessment is widely held in both domestic and foreign circles, it’s worth taking a closer look at the evidence […]

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The ancient wit of Aesop was born out of misfortune and is especially sharp on the subject of people getting their just desserts. You see, Aesop was unlucky enough to have been captured in war and sold into slavery as a personal secretary for his owners. In Aesop’s fable about the middle-aged man and his […]