Retired major general and Bloomberg News reporter discuss Putin's grip on power in Russia, while the CEO of Carnival talks about the company's strong earnings. The podcast also covers investing in China and India, the impact of Russia on China's oil supply, and the shifting global power from China to India.
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Quick takeaways
The attempted mutiny in Russia has exposed a crack in Putin's absolute political control over the country, posing a historic threat to his power.
The failed mutiny sheds light on the weaknesses of the Russian military, raising doubts about its capabilities in conflicts like the one in Ukraine.
Deep dives
Putin's statement on the mutiny
President Putin has made a statement condemning the organizers of the mutiny and claiming that they betrayed the country. He asserted that the threat has been weathered and thanked the Russian people for standing by the Constitution.
Uncertainty around the mutiny
While Putin's statement suggests that the situation is under control, there are doubts about the deal reportedly made with the mutiny's organizers and whether it will hold. The whereabouts of Progorsion, the leader of the rebellion, are unknown, and Putin's words indicate that prosecution is a possibility.
Assessing Russia's military strength
The failed mutiny has highlighted the weakness of the Russian military, particularly in comparison to private factions like the Wagner Group. This raises questions about the military's capabilities and performance in conflicts like the one in Ukraine.
Possible implications for Ukraine
In light of the uncertainty and potential division within Russia, it may be an opportunity for the United States and its allies to redouble their efforts to support Ukraine. This could involve providing weapons and advancing discussions around Ukraine's potential NATO membership.
Major General (Ret.) Mastin Robeson, Geopolitical Intelligence Advisor at Academy Securities and Bloomberg News National Security Reporter Courtney McBride discuss how Vladimir Putin managed to avert an attack on Moscow with an eleventh-hour deal with his mutinous mercenary commander. But the uprising has pierced his aura of total political control over Russia unlike any other event in his nearly quarter century in power.
Carnival CEO Josh Weinstein shares his thoughts on the company's earnings results and seeing continued strength in pricing. David Riedel, President of Riedel Research Group, talks about investing in China and India. Angela Stent, Senior Fellow at Brookings Institution, provides her insight on Putin’s reaction to the attempted mutiny by Wagner soldiers.
Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.