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Russia’s long political calm is coming to an end
Something quite extraordinary is happening in Russia. Slowly but surely, the monolithic political system that has held together in Russia for most of the past decade is coming apart
Today, in an unprecedented step, deputies from all three of the opposition parties in the Russian parliament staged a walk-out, demanding a meeting with Russian President Dmitry Medvedev. They are protesting against the results of local elections that were held in various parts of Russia on 11 October. Not for the first time, the pro-government United Russia party largely swept the board, amid widespread allegations by the opposition of vote-rigging.
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Driving a hard bargain on GM’s Opel
John Smith, General Motors’Â chief negotiator on the sale of Opel, deserves a medal. But he certainly won’t be getting one from German Chancellor Angela Merkel.
Magna says it has reached an agreement in principle to buy a controlling stake in GM’s European unit. However, GM says it is going to think about the revised offer from the Canadian auto parts maker. It wants more details of the government financing package on offer before it can make up its mind.
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The Wall
