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Many contend we are living in an age of history being shaped by leaders. Financial Times commentator Gideon Rachman even recently penned a bestseller titled The Age of the Strongman, which outlines the DNA of the modern autocrat and argues that it is these miscreants who are defining our epoch.
In a prerecorded address to the Russian people, Vladimir Putin issued a threat that, while aimed at a domestic audience, jangled nerves in the West
Chinese big four bank CDS each surged about 10 bps, the largest single-session gains since the July 15th peak risk off.
Could Putin face a similar fate as toppled Soviet Leader Mikhail Gorbachev, or worse?