Was the hope that post-Soviet Russia would “join the West” always a delusion? A quarter-century later, with the Kremlin and Western populists identifying a common enemy in the global order headed by the United States and abetted by the European Union, convergence might finally be occurring, though in the opposite direction.
http://nationalinterest.org/feature/mcfauls-russia-26379
Markets follow a well-worn pattern after Donald Trump’s pronouncements, a pattern followed by tax, North Korea and trade. There is a sharp reaction—up or down—on the first news, fading as doubts that the president is willing to follow through set in. Then there is another panic on the realization that he is serious, and finally […]