E-mini jumps on Putin order
E-mini jumps on Putin order for troops to return to bases (Reuters).
Breakout above 1850 is a bullish sign. S&P 500 follow-through above 1860 would signal an advance to 1950.
Realpolitik In Ukraine | Anatole Kaletsky , Gavekal
Quote from Anatole Kaletsky, Gavekal, in John Mauldin’s Outside the Box newsletter:
…..it is literally inconceivable that Putin will ever withdraw from Crimea. To give up Crimea now would mean the end of Putin’s presidency, since the Russian public, not to mention the military and security apparatus, believe almost unanimously that Crimea still belongs to Russia, since it was only administratively transferred to Ukraine, almost by accident, in 1954. In fact, many Russians believe, rightly or wrongly, that most of Ukraine “belongs” to them. (The very name of the country in Russian means “at the border” and certainly not “beyond the border”). Under these circumstances, the idea that Putin would respond to Western diplomatic or economic sanctions, no matter how stringent, by giving up his newly gained territory is pure wishful thinking.
Read more at John Mauldin: Outside the Box.
Vladimir Putin
“Anyone who doesn’t regret the passing of the Soviet Union has no heart. Anyone who wants it restored has no brains.” ~ Vladimir Putin
Putin's Russia Is Becoming a Flawless Dictatorship – SPIEGEL ONLINE
The Path to Tyranny: Putin’s Russia Is Becoming a Flawless Dictatorship
By Georg Diez, Walter Mayr and Matthias Schepp:
Medvedev’s essay “Forward, Russia,” published in September 2009, had triggered hopes of a freer Russia within the well-educated urban middle class. Putin’s successor had created an atmosphere in which the middle class had become active, recognizing that a different, modern Russia could be possible. This political thaw had since been recognized as a mistake, says Moscow political scientist Vitaly Ivanov. Putin’s team responded to Medvedev’s stated principle that freedom is always preferable to the lack of freedom with the conviction that order is always better than disorder.
via SPIEGEL Cover Story on Pussy Riot Trial and Putin – SPIEGEL ONLINE.