Skip to main content

Why Vladimir Putin Is The World's Most Powerful Person in 2014 and 2015 as per Forbes list?



Forbes ranked Putin as the world most powerful person for the second consecutive year. This year he is followed by US president Obama was (rank 2), Xi Jinping of China (rank 3), Pope Fancis (rank 4) and Angela Merkel (rank 5).

He is heading Russia as the president or the prime minister since 1999. He has run the country largest by land mass for 15 years. During that time USA has seen three presidents change. American president has to face resistance in his decisions from the congress while the Russian system allows Putin to take big decisions without an opposition.

This year, Putin has displayed his power remarkably in annexing Crimea,  starting a proxy war in Ukraine and entering into a $70 billion deal with China for a gas pipeline which is the world's largest construction project.

He indirectly influences Europe by controlling the flow of an essential energy commodity, gas to Europe through its ally Hungary(member of NATO but helping Russia).

Putin has made casual references to Russia's approximately 8,484 nuclear warheads in a move that many analysts speculate as a clear challenge to NATO member states.

Ref: http://www.forbes.com/powerful-people/list/#tab:overall

The Russian President signed a megadeal with China, estimated to be worth more than $400 billion, that will involve building a massive pipeline that will send natural gas from Russia to China.
http://www.businessinsider.in/LIVE-Vladimir-Putin-On-CNBC/articleshow/35515604.cms


Hungary Is Helping Putin Keep His Chokehold on Europe’s Energy. A key NATO ally is cozying up to the Russian dictator and trying to help him build a $70 billion pipeline to extend his reach into the heart of the EU.
http://foreignpolicy.com/2014/11/06/hungary-is-helping-putin-keep-his-chokehold-on-europes-energy/

About Forbes:
http://en.wikipedia.org/wiki/Forbes

Forbes is one of the top organizations which comes up with a list ranking the World’s top wealthy, Worlds top powerful people, world top companies, Americas top welathy and many more. 
Lists can be seen here http://www.forbes.com/lists/


Comments

Post a Comment

Popular posts from this blog

LIC Buys Double as Prices Dive - 10 Aug 2011

http://licreddy.com/Content/information/insurancenews_details.asp?NewsCode=4872 LIC Buys Double as Prices Dive 10-Aug-2011 Life Insurance Corp of India, the government's institution of choice to stabilise the stock market whenever it gets wobbly, has more than doubled stock purchases in the past three days as the global debt worry-triggered selloff made valuations attractive. LIC, the country's biggest investor with stakes in L&T, Axis Bank and Grasim, will raise its secondary market purchases this fiscal as IPOs dry up with promoters not keen to sell shares at lower valuations. "We have been buying in the past few days,'' said a LIC executive involved in decisionmaking. "With the market correcting and not many public issues coming up, we would be investing more in secondary market," said the person who did not want to be identified. LIC to Invest . 50k Cr More LIC, which had been buying stocks for an average of . 120 crore in the first four...
Post a Comment
Read more

Best IELTS and English language training institutions in Hyderabad

IELTS stands for International English Language Testing System. As the name implies it is basically an English test for testing the proficiency of the language in an individual.  Training for IELTS can be taken to pass the IELTS exam or to develop good english language skills. I am giving the training institute addresses for Hyderabad. The test system is jointly managed by the British Council,IDP education ltd and University of Cambridge ESOL Examinations and more than 1 million candidates are taking the exam all over the world. The test has two versions : 1. Academic 2. General training Academic  version is for people who plan to continue their higher education by enrolling in universities in countries like US,UK,Australia,Canada,New Zealand etc.The academic institutions in these countries consider the IELTS score as a criteria for the admission process. General training is mostly for immigration purposes in countries like Australia,New Zealand,Canada etc. It may ...
9 comments
Read more

How to use home loans most effectively for tax benefits

1) Deduction on interest: If you are paying EMIs for a home loan you took to buy a house, the interest component in the EMI can be claimed as deduction. You must be both an owner and a co-borrower (in the loan) to claim tax benefits. This deduction can be claimed starting the year in which the construction of the house is completed. Suppose the construction of your house was completed on August 30, 2014, you can claim deduction for interest for the entire 12 months in financial year 2014-15. So every year a maximum of Rs. 2 lakh can be claimed for a house that you use for your own residence. If your house is rented, the entire interest for the year can be claimed as deduction. The interest payments for the year shall result in a loss under the head 'income from house property'. This loss can be adjusted against in the same year against other heads of income in your income tax return including salary. Therefore, it reduces your total taxable income and the tax you pay thereon. A...
2 comments
Read more