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Polls show 66% of the Russian public opposes Russian forces going into Ukrainian territory. The rhetoric on Russian television has been toned down and Russian analysts say intervention in Ukraine would have dangerous consequences for Russia, that Russia needs to maintain its relations with the West. At the same time Putin will attend a summit of BRIC's leaders in Fortaleza, Brazil, with plans to set up a development bank, as the focus shifts back to the economy. Russia is expected to feel the impact of $75 billion in capital flight in the first half of 2014.
Grouped Articles
Seeing Cost of Saber Rattling in Ukraine, Putin Alters Course
New York Times 07/11/2014
U.S. Escalates Sanctions Against Russia Over Ukraine Crisis
Wall Street Journal 07/17/2014
Raising Stakes on Russia, U.S. Adds Sanctions
New York Times 07/16/2014
Putinism Thrives on Dirty Money
Wall Street Journal 07/22/2014
Wall Street Journal 07/22/2014
Coordinated Sanctions Aim at Russia’s Ability to Tap Its Oil Reserves
New York Times 07/29/2014
Federal regulators and the Bush and Obama administrations failed miserably to help homeowners achieve loan modifications. This with the false belief that putting homeowners out of their homes would actually speed up a recovery, considering the huge scale of foreclosures in the USA , the high unemployment and other problems hitting the economy. Feldstein's consistent arguments for homeowner relief throughout 2008 and 2009- considering the large number of homeowners under water- as the mortgage crisis unfolded, were ignored by the Bush and Obama administrations. See the comparisons to Japan's lost decade, as the lack of recovery in housing adds to problems with job losses. The lawsuits, legal action and mortgage settlements facing banks as they make their way through the mortgage mess.
Grouped Articles
A Toxic Subprime Mortgage Bond's Legacy Lives On
Wall Street Journal 09/13/2013
Wall Street Journal 12/31/2013
Fannieâs and Freddieâs Foreclosure Oversight Questioned
New York Times 10/19/2010
Banks Keep their Mortgage Litigation Reserves a Secret
New York Times 01/16/2014
The Case Against the Bernanke-Obama Financial Rescue
New York Times 05/16/2014
BP’s Cuts May Wound Portfolio Recovery
Wall Street Journal 02/04/2015
A former automobile worker with a difficult childhood in a one room house in rural Brazil, is elected President of Brazil.
Grouped Articles
New Candidate Set to Join Brazilian Presidential Race
Wall Street Journal 08/18/14
Report of an Inquiry Into a Former President Rattles Brazil
New York Times 05/01/15
Brazil Adds to Tally of Corruption Scandals With Investigation of a Former President
New York Times 07/16/15
Brazil’s Ex-Leader, Luiz Inácio Lula da Silva, Is Held and His Home Raided
New York Times 03/04/16
Ex-President of Brazil, Luiz Inácio Lula da Silva, Faces Charges
New York Times 03/09/16
Brazil Workers’ Party, Leaders ‘Intoxicated by Power,’ Falls From Grace
New York Times 05/12/16
Fuel efficiency at 22.4 miles per gallon in 2009 for the entire fleet of vehicles in the US, according to the EPA. A shift to cars from pickups and to smaller cars.
Grouped Articles
Car Fuel Economy Improved in 2009, E.P.A. Says
New York Times 11/17/10
Carol Browner, Director of Policy on Climate Will Leave White House
New York Times 01/24/11
Wall Street Journal 04/22/11
Obama administration set to raise fuel efficiency standards, but by how much? - The Washington Post
Washington Post 05/13/11
Americans Are Cautiously Open to Gas Tax Rise, Poll Shows
New York Times 02/28/06
As the Price of Gasoline Takes Off, Oil and Auto Firms Trade Barbs
Wall Street Journal 04/12/06
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