Word: sovietizers
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...pipeline, which in recent months has tied this tiny country on the edge of the Caspian Sea to the huge Western market. "There is a lot of oil and a lot of money," says Mirza, who spent 14 years earning about $10 a month working on a creaking old Soviet oil rig. "And because there is a lot of money, our lives will surely improve...
...stakes in Azerbaijan's new pipeline are far higher than the fortunes of just Mirza and his family. This Muslim republic, directly north of Iran and tucked into the southwest corner of the vast former Soviet empire, is suddenly a central player in one of the West's most distressing problems: how the U.S. and Europe will secure enough oil and gas to power cities, factories, airplanes and cars--in short, how to keep our entire modern lives afloat. Since last June, hundreds of thousands of barrels of oil a day have surged through a pipeline running from Baku through...
Fifteen years after the Soviet Union's collapse, it's tempting to think of the cold war as history--until you land in Baku. This is the front line of a new East-West contest, one that is as consequential as the nuclear-weapons face-off of the past: the battle for energy supplies among countries heavily dependent on imported oil and gas, which include the U.S. and the E.U., plus the rocketing economies of China and India. That necessity is a powerful weapon in this new battle. Shortly before Christmas, Russian President Vladimir Putin forced Royal Dutch Shell...
...this generation is uninterested in ethnic rivalries. It's one of Estonia's characteristics that many of the top jobs in politics and business are held by people under 40, who are too young to have been tainted by the Soviet legacy. They are also the ones buying the new homes that are shooting up on the outskirts of Tallinn. Much of the building is being done on credit, leading bankers to worry about a bubble economy. "Some people think they have discovered the never-ending hockey stick," frets Erkki Raasuke, chief executive of Hansabank, Estonia's biggest...
Does China's lack of democracy necessarily threaten U.S. interests? One answer to that question involves looking back to the cold war. The Soviet Union was not a democracy, and although the U.S. contested its power in all sorts of ways, American policymakers were content to live with the reality of Soviet strength in the hope (correct, as it turned out) that communism's appeal outside its borders would wither and Russia's political system would become more open. Is that how the U.S. should treat a nondemocratic China? In the forthcoming book The China Fantasy, James Mann, an experienced...