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Bloomberg Businessweek

Putin Faces Historic Threat to Absolute Grip on Power

Jun 26, 2023
41:07
Snipd AI
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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Podcast summary created with Snipd AI

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.

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