Petro-czars discover humility

02/16/2009 | Newsweek

Six months ago, Russia's Vladimir Putin, Iran's Mahmoud Ahmadinejad and Venezuela's Hugo Chavez seemed unstoppable. Now, with oil selling for less than $40 a barrel, political unrest threatens their personal power. They brought this on themselves, writes Rana Foroohar, by failing to diversify or to adequately invest in their national cash cow.

View Full Article in:


Published in Brief: