Word: russia
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...framework, made clear that the cost to Europe for a greater share in the decision-making would be a willingness to shoulder a greater share of the burden. While pledging to abide by international rules, fight climate change, engage with the Islamic world and "press the reset button" with Russia, Biden warned that Washington would also expect changes from Europe. "America will do more. That's the good news," he said. "The bad news is that America will ask for more from our partners as well." (See pictures of Russia celebrating Victory...
Netanyahu's support may also be eroding because Israeli right-wingers have found a new champion, Avigdor Lieberman, 50. A Moldovan-born immigrant and ex-nightclub bouncer, Lieberman is denounced by the leftist Israeli press as "a racist" and a nationalist in the mold of Russia's Vladimir Putin. He wants Israeli Arabs to swear loyalty to the Jewish state or lose their voting rights; and he is demanding that borders be re-drawn so that more than 100,000 Israeli Arabs, against their will, would become part of a future Palestinian state. Lieberman's Yisrael Beitenu party is expected...
...Russia needs foreign companies to plug a huge hole in Putin's economic policies. During his first term, Putin introduced modern tax and corporation laws. But he failed to spur the development of a business infrastructure that would enable Russia to shake its overreliance on energy and metals. Now, as the crisis starts to bite, the Kremlin is reacting by increasing its control over broad swaths of the economy. Through the state-controlled banks, it is bailing out selected business executives who are having trouble paying their debts--including Oleg Deripaska, a metals tycoon who until recently was Russia...
...found elsewhere. The Kaluga region, to which Lyudinovo belongs, continues to draw in foreign investors, including automakers. Volkswagen has invested about $350 million in an assembly plant and is producing about 320 cars per day. Peugeot is not far behind. Dietmar Korzekwa, VW's group representative for Russia, says the automaker is continuing with its current growth plans. In part, VW is betting that if the Kremlin raises import taxes on autos, as it has suggested it might, it will become more advantageous to manufacture in Russia...
Similar measures to "buy American" have been adopted or considered in Argentina, China, Indonesia, Ecuador, India, Russia and Vietnam. Pascal Lamy, director-general of the World Trade Organization, warned on Feb. 2 that any go-it-alone route would foster a spiral of retaliation. "Today we run the risk of sliding down a slippery slope of tit-for-tat measures. It was Mahatma Gandhi who said 'An eye for an eye makes the whole world blind,' " Lamy said...