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"Spread this truth - the laws of economics are like the laws of engineering. The same set of laws works everywhere." This postulate is worthy of an inhabitant of a lunatic asylum, but belongs to a completely sane person named Lawrence Summers: Chief Economist of the World Bank in 1991. "Yes sir!"  Said the Russian version of the "Chicago boys", "spilling" all over the face of their native land. Exceptionally arrogant and unquestioning, unfamiliar with the basics of real economics, they assimilated two or three rules of the "shock therapy" theory, lacking even a basic understanding (like dressing up!). These "market Bolsheviks" started what Naomi Klein calls in her book "creative destruction."

The provocation at the Armenian-Azerbaijani Line of Contact in Karabakh, in the proximity of the village of Chaylu, on the night of June 19 had repercussions worldwide. The attempt of an Azerbaijani reconnaissance group to cross the line left 4 Armenian conscripts dead and 4 – injured. Reportedly, some of the attackers were also killed.
Azerbaijani President I. Aliyev left for Baku unexpectedly after the June 17 talks with his Russian and Armenian counterparts in St. Petersburg, and the very next day the northern part of Karabakh`s Martakert region came under the Azerbaijani attack followed by 24 hours of continuous fire.

The Russian Foreign Ministry`s website released an official statement following the UN decision to toughen sanctions against Iran. Moscow sees "a package of additional measures to press Iran" adopted by Washington and Brussels as "violation of principles of cooperation between the six nations involved in the talks on Iran`s nuclear program and within the UN Security Council". Russia strongly opposes any attempt to hold dominant power in the Security Council.

Russia gained enormous foreign-politics experience across the world in the imperial epoch and in the Soviet era. Assessing the Russian-US relations over the past year from the standpoint of this experience, one readily concludes that the highlight for the period of time has been Washington`s generous offer to press the reset button. No doubt, there are profound reasons why the US wants its relations with Russia reset.

Russian President D. Medvedev will travel to the US on June 22-24. The visit will include a Silicon Valley tour and talks in Washington aimed at boosting the cooperation between Russia and the US in the innovations and high tech sector. There is obvious continuity of the Russian President`s US agenda and the program of the recent St. Petersburg Economic Forum: inviting foreign investments in the Russian economy ranks high on the list of Moscow`s economic priorities.

Naomi Klein's book "The Shock Doctrine" argues that instead of a "spineless" Gorbachev, for a radical reform of the Soviet Union, the West sought a Russian Pinochet and found him in the person of Boris Yeltsin. Of course, in political terms, this comparison is "lame." Yeltsin built a concentration camp on the football field at the Luzhniki Stadium, but did not physically eliminate tens of thousands of members of the opposition, he did not throw in jail those disgruntled with the regime, and they were not subjected to severe torture. Even the shooting of the White House in Moscow can’t be put on same par with the Chilean general. So the question is: "Who was looking for whom: was the West looking for Yeltsin, or was Yeltsin looking for the West?" The question remains open. Apparently, the movement was mutual...

In the beginning of US intervention in Iraq there was talking that democratization will lead to the economic prosperity. In practice it turned out to be wrong. In 2005, the constitution of Iraq was approved, Iraq was proclaimed a democratic state and the presidential and parliamentary elections were held (the second elections were held in March 2010). On the results of the elections the new government was formed, but put it lightly - the development of the Iraqi economy leaves much to be desired.

Not so long ago in Moscow bookstores, Naomi Klein's book "The Shock Doctrine. The rise of disaster capitalism" appeared. Its author is a well known Canadian journalist, who has been published in major journals, such as: "New York Times", "The Guardian," "Harper's Magazine" and the Canadian "Globe and Mail". However, fame came to her not only through newspaper articles, but from the book “No Logo. People Against brands," which in its time has been translated into 28 languages, including Russian and millions of copies have been published.

Russian Prime Minister V. Putin will visit Istanbul on June 8. Last May Russian President D. Medvedev signed a landmark agreement in Ankara by which Russia would within the coming 7 years construct Turkey`s first nuclear power plant.
The first tender to construct a nuclear power plant in Turkey was announced in September, 2008. A Russian-Turkish consortium comprising Atomstroyexport (a subsidiary of Rosatom), Inter RAO UES, and Turkey`s Park Teknik outbid competitors, but the contract was annulled in November, 2009 as Turkey was dissatisfied with the energy price offered. 

The Bilderberg group will convene in Sitges, Spain, a resort community 30 km from Barcelona, on June 4-7. As usual, the information is supplied by James Tucker and Daniel Estulin who revealed that this year the issues topping the agenda of the club`s meeting will be the global recession and the approaches to provoking such economic breakdowns that can help justify the establishment of a full-scale world economic governance.