Russia will pay many prices for Putin's consolidation of power

One of which will be a noticeable lack of foreign capital in the short run. Deciding to take down oligarch and former Yukos chairman Mikhail Khodorkovsky for daring to be a political upstart is one thing (a very bad thing if you intend to pay more than lip service to democracy), but carving up his former company as an object lesson will hurt Russia financially. I don't see the reasoning for this move, jailing Khodorkovsky, essentially for life, should serve as warning enough.


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October 4, 2005 at 3:40 PM  

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