Letters from an American21 Sep 2022 09:36
I subscribe to a newsletter called 'Letters from an American'; recommended if you are interested in Geopolitics and how it influences your investment choices. From yesterday's email:
'As Russia staggers, countries that were formerly in its orbit are realigning with the movement toward liberal democracy. Today the president of Kazakhstan, Kassym-Jomart Tokayev, wrote an op-ed declaring, “There is simply no viable alternative to globalization, interdependence and the international rules-based order.” So, he said, “we are doubling down on the liberal, international, open policies that have driven such a dramatic increase in standards of living around the world.” He promised to decentralize and distribute power throughout Kazakhstan, strengthen parliament and local authorities, encourage political parties, and limit presidential terms, all to “move toward a new…model of a presidential republic with a stronger parliament and a more accountable government.” '
Newsletter link:
https://heathercoxrichardson.substack.com/