Another Six Years For Putin
BUSINESS ECONOMICS|April 1 -15, 2018

The recently concluded Russian presidential election warrants a close scrutiny. In what was effectively a one horse race, anything less than an impressive victory could have weakened President Vladimir Putin’s grip on power.

Anustup Roy Barman

Putin’s victory, with a 76.7% vote share, came amidst high tensions between London and Moscow over an attack against an exiled agent, Sergei Skripal, and his daughter in Salisbury. Interestingly, only a month before, China’s National People’s Congress had voted to remove restrictions on term length, effectively making Xi Jinping the country’s President for life.

Why is Putin’s victory controversial?

The total number of ballots cast for Putin exceeded 56.2 million. That was a record total, even discounting the nearly 1 million votes he gained as a result of the 2014 annexation of Crimea. Though the victory is not being seen as a fair one, the Organisation for Security and Co-operation in Europe (OSCE) said that there had been no real choice in Russia’s presidential elections and complained that it had been marked by unfair pressure on critical voices. Campaigning usually begins a few months before the polls and, as in the past years, Putin had shunned televised debates.

Europe has been sharply divided over the outcome. The new right-wing populists has been rejoicing where as some feel that it is necessary to repair the difficult relationships and the rest feel that Russia under Putin, has irreversibly turned away from western liberal values and international norms.

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM BUSINESS ECONOMICSView All

IT sector boosts employment after sluggish growth

India is the largest off-shoring destination for Information Technology (IT) companies across the world.

3 mins read
BUSINESS ECONOMICS
January 16-31, 2020

Indian handicrafts need new vision to compete globally

High-quality handicraft goods

10+ mins read
BUSINESS ECONOMICS
January 16-31, 2020

AHSI hosts Bicentennial Flower Show and World Regional Rose Convention 2020

The Agri Horticultural Society of India (AHSI) recently celebrated its bicentenary year by hosting the Bicentennial Flower Show and the World Regional Rose Convention 2020.

2 mins read
BUSINESS ECONOMICS
January 16-31, 2020

Threat Of A Third World War?

Renewed tension in West Asia forebodes a troubled 2020.

3 mins read
BUSINESS ECONOMICS
January 16-31, 2020

Railways Financial Stress: Is Economic Slowdown The Main Reason?

The Indian Railways (IR) has been going through a rough financial patch for the last few years.

4 mins read
BUSINESS ECONOMICS
January 16-31, 2020

US-Iran Hostility: India Feels Heat Of Crude Oil Price Hike

The geopolitical tension triggered by the killing of Iranian Islamic Revolutionary Guards Corps’ (IRGC) top military leader Qasem Soleimani and the subsequent retaliatory missile attacks on American military bases in Iraq by Iran has brought many countries including India to the edge.

3 mins read
BUSINESS ECONOMICS
January 16-31, 2020

Landmark Judgements To Stop Animal Cruelty

Some of our judges are now beginning to understand what animal cruelty does to a nation and act on it.

4 mins read
BUSINESS ECONOMICS
December 1-15, 2019

Opportunities And Challenges In The Aviation Sector

The Bharat Chamber of Commerce organised a national seminar and an exhibition on the ‘Indian Aviation Sector: Opportunities and Challenges’ at the Park Hotel, Kolkata. The prospects of private participation in maintenance, overhaul, and repair were discussed.

2 mins read
BUSINESS ECONOMICS
December 1-15, 2019

India Needs To Learn A Lesson From Brexit

The verdict given by the people of the United Kingdom in 2016 in favour of quitting the European Union (EU) is popularly known as ‘Brexit’. People who voted for Brexit argued that it was because of the adoption of erratic neo-liberal policies that had led to livelihood crises.

3 mins read
BUSINESS ECONOMICS
December 1-15, 2019

US-China Trade War Continues: Global Implications

The ongoing US-China trade war had its origin in 2012. It began then as a “cold war”, well before Donald Trump became the US President.

3 mins read
BUSINESS ECONOMICS
December 1-15, 2019