The Great Debate

Vladimir Putin’s Russia is treading water in a sea of red ink

By William E. Pomeranz
March 19, 2015
Russia's President Vladimir Putin is seen through the glass of C-Explorer 5 submersible after a dive in the Baltic Sea

Russia’s President Vladimir Putin (L) is seen through the glass of C-Explorer 5 submersible after a dive in the Gulf of Finland in the Baltic Sea, July 15, 2013. REUTERS/Aleksey Nikolskyi/RIA Novosti/Kremlin

from Ian Bremmer:

Prokhorov’s presidential chances are not the point

By Ian Bremmer
December 13, 2011

By Ian Bremmer
The opinions expressed are his own.

After a week full of anti-government and pro-government protests, Russians woke up on Monday to big news. Mikhail Prokhorov, a political novice with billions of dollars—and the New Jersey Nets— to his name, announced his Presidential bid.  Alexei Kudrin, a longtime bureaucratic infighter, also declared his plans to re-enter the political arena. These developments were even more significant considering both were ousted in rather public quarrels with the powers that be just months ago. Kudrin said he would support and aid a pro-reform liberal party that would stand as a counterweight to the incumbent United Russia. Prokhorov intends to challenge Putin for the presidency in March 2012 on a platform that would appeal to Russia’s “disenchanted middle class.”