Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Friday Stock Market CRASH Following Israel Attack on Iranian Nuclear Facilities - 19th Apr 24
All Measures to Combat Global Warming Are Smoke and Mirrors! - 18th Apr 24
Cisco Then vs. Nvidia Now - 18th Apr 24
Is the Biden Administration Trying To Destroy the Dollar? - 18th Apr 24
S&P Stock Market Trend Forecast to Dec 2024 - 16th Apr 24
No Deposit Bonuses: Boost Your Finances - 16th Apr 24
Global Warming ClImate Change Mega Death Trend - 8th Apr 24
Gold Is Rallying Again, But Silver Could Get REALLY Interesting - 8th Apr 24
Media Elite Belittle Inflation Struggles of Ordinary Americans - 8th Apr 24
Profit from the Roaring AI 2020's Tech Stocks Economic Boom - 8th Apr 24
Stock Market Election Year Five Nights at Freddy's - 7th Apr 24
It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- 7th Apr 24
AI Revolution and NVDA: Why Tough Going May Be Ahead - 7th Apr 24
Hidden cost of US homeownership just saw its biggest spike in 5 years - 7th Apr 24
What Happens To Gold Price If The Fed Doesn’t Cut Rates? - 7th Apr 24
The Fed is becoming increasingly divided on interest rates - 7th Apr 24
The Evils of Paper Money Have no End - 7th Apr 24
Stock Market Presidential Election Cycle Seasonal Trend Analysis - 3rd Apr 24
Stock Market Presidential Election Cycle Seasonal Trend - 2nd Apr 24
Dow Stock Market Annual Percent Change Analysis 2024 - 2nd Apr 24
Bitcoin S&P Pattern - 31st Mar 24
S&P Stock Market Correlating Seasonal Swings - 31st Mar 24
S&P SEASONAL ANALYSIS - 31st Mar 24
Here's a Dirty Little Secret: Federal Reserve Monetary Policy Is Still Loose - 31st Mar 24
Tandem Chairman Paul Pester on Fintech, AI, and the Future of Banking in the UK - 31st Mar 24
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Who is Putin Rooting for to be the Next Russian President?

Politics / Russia Sep 17, 2007 - 12:50 AM GMT

By: Ian_Brockwell

Politics The recent sacking of the Russian Prime Minister, Mikhail Fradkov, was perhaps less of a surprise than President Putin's choice to replace him. Fradkov was also an unusual selection when he was appointed to the position, and his profile has been so low he was almost invisible.


Fradkov's replacement, Viktor Zubkov, is virtually unknown to the public, but has a pretty tough reputation, especially in combating money laundering, and is without question a strong player on the Putin team. He was approved by the State Duma, the lower house of Parliament 381-47.

Zubkov has indicated that he might enter the presidential race next year and join five other potential candidates: Sergei Ivanov (first deputy prime minister), Dmitry Medvedev (also first deputy prime minister), Sergei Naryshkin (deputy prime minister), Vladimir Yakunin (president of Russian Railways) and Sergei Chenezov (head of Russia's arms exports).

By all accounts, Sergei Ivanov, who has been the favorite to become the next president, wasn't too disappointed about Zubkov being made Prime Minister, suggesting that this move is simply to give the impression that others have a chance. Personally, I believe Ivanov will still be the next president.

However, it has also been suggested that President Putin might return at a later date. Whilst the constitution does not allow him to stand for a third term (and he has made it clear he won't change the rules to do this), he can become president again in 2012 if he wishes, or sooner if the new president should stand down for any reason. Zubkov's loyalty to Putin, and his age, could make this a real possibility.

Does Putin plan to make an early return, or is this just a game to make us believe that Sergei Ivanov is not a foregone conclusion? We will probably have to wait a little longer to find that out, when Putin endorses his personal choice (maybe early next year).

With more than 70 percent of the country supporting Vladimir Putin, it is important to choose a candidate that will continue in the same style, and maintain the stability and growth that Russia has enjoyed since Putin came to power. The president has already said that he will continue to play a political role after he steps down, and this will be of some comfort to the public and investors in Russia.

By Ian Brockwell
http://www.Profindsearch.com

Ian Brockwell is the creator of Profindsearch.com and interests include writing, teaching, politics, climate change, UFO reports, businesses of all descriptions, medicine and generally trying to enjoy life. Profindsearch is a very small search engine, which hopes to be a Google one day! (We can all dream) Article source

Ian Brockwell Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in