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For several weeks now it’s been clear that Putin won’t attend this month’s NATO summit in Chicago. NATO Secretary General Anders Fogh Rasmussen recently spoke with Russia’s new/old president and explained that it’s “not possible and not practical” for Putin to participate because of his “busy domestic calendar.”
With Europe collapsing, China stumbling, and India and Brazil retreating from full free market reform, we’re the last stable, pro-growth economy left.
On May 6, all eyes will be focused on the second round of the French presidential election, which Socialist challenger Francois Hollande is likely to win. Equally important for Europe’s future is the Greek parliamentary election scheduled for the very same day.
The reception in Moscow to U.S. Ambassador to Russia Michael McFaul during his first few months on the job has been unusual, if not downright hostile, a lot more Cold War than Russian Reset.
Judging by the financial market's renewed unease about Italy and Spain over the past week it would seem that all that the European Central Bank's €1 trillion liquidity injection in the European banking system bought was around four months of relative market calm.
In his 2011 State of the Union Address, with six members of the Supreme Court present, President Obama famously attacked the Court’s Citizen’s United decision. At the center of Obama’s criticism was his completely erroneous contention that the decision opened the floodgates to foreign corporate spending in U.S. election campaigns.






