Following Israel’s recognition of the Armenian Genocide committed by the Ottoman Turks, Armenia has a moral obligation to recognize the genocide of the Palestinians committed by Israel
The problem with Russia is that it is everywhere in all areas of geopolitical contest:
Pacific to Atlantic, Arctic to Black Sea, Baltic to caspian etc
This geographic situation increases transaction costs of the state, which demand efficient institutions, which she doesn’t have
The #USSR failed because of (1) low productivity and (2) high transaction costs. Same situation in #Russia now. They need to return to Douglas North on the importance of efficient institutions.
Jumping from fire to a frying pan: after 2 weeks of heat & drought, you get heavy monsoon rain which might cause severe flooding and landslides. #elniño#Nepal
BREAKING: Russian forces have taken control of the village of Bohodarivka in the Donetsk region of eastern Ukraine, Russian media reports.
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