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The plot to topple Putin
  + stars: | 2024-09-09 | by ( Paul Starobin | ) www.businessinsider.com   time to read: +32 min
But it was only when Putin launched his full-scale invasion of Ukraine , in 2022, that Ammosov began to plot the overthrow of his homeland. As I found in months of wide-ranging interviews, everyone aspiring to a new Russian revolution grasps the seemingly impossible odds of their bid to topple Putin. Ponomarev — who was profiled last year in The Washington Post under the headline "Could this man bring down Putin?" Most applicants live in Russia, Sokolov tells me, but submissions have come from as far away as Uruguay. "I know a lot of good officers" in the CIA, Ponomarev told me, who "sympathize" with the anti-Putin insurgency.
Persons: Vladislav Ammosov, Ukraine —, Ammosov, wondrously, Vladimir Putin, Putin, Simona Supino, Alexey Navalny —, Ilya Ponomarev, Ponomarev —, , Sean Guillory, Denis Sokolov, Sokolov, Galina Starovoytova, Anastasia Sergeeva, Sergeeva, Valter, Putin —, Tatiana Kosinova, Yelena Bonner, Itil, Boris Nemtsov, Nemtsov, Vladimir Lenin, specter, NurPhoto, Lenin, Leon Trotsky, Mao Zedong, Fidel Castro, Boris Akunin, Ponomarev, Trotsky, Mao, Castro, Alexei Sobchenko, Sergei Chuzavkov, Ilya Ponomarev Ponomarev, Michał Kamiński, Kosinova, Pavel Ivanovich Chichikov, Nikolai Gogol's, . Barnum, Bernie, Madoff, Donald, Leonid Nevzlin, Mikhail Khodorkovsky, Navalny, King George III, Khodorkovsky, Garry Kasparov, Putin's, Andrey Volna, Brian Fitzpatrick, Charlie Wilson's, Tom Hanks, Philip Seymour Hoffman, Daniel Fried, William Burns, Fried, Biden, We're, Evgenia, it's Organizations: Putin, Ukrainian, Russian Federation, The Washington Post, University of Pittsburgh, Civic Council, Kennan, Wilson Center, GRU, Russia, BI, International Republican Institute, CIA, Kremlin, Russian, Memorial, Soviet Union, of America, Civic, Ukraine's Ministry of Defense, Russian Volunteer Corps, European, Human Rights, Siberian Battalion, Ammosov, Ukrainian Armed Forces, Putin's Defense Ministry, True, Bolsheviks, of Russia Legion, People's Deputies, State Department, Justice Department, Polish Senate, Trump University, Trump, Khodorkovsky, FBI, Intelligence, Senate, Ukrainian Security Services, Bolshevik Locations: Siberia, Russia, Warsaw, Poland, Ukraine, Sakha, India, Putin Russia, Russian, Kyiv, The, restive North Caucasus, Washington, Soviet Union, Moscow, WhatsApp, Ukrainian, Soviet, Crimean, USSR, Europe, Uruguay, Armenia, Georgia, Kazakhstan, America, Canada, Great Britain, Germany, Australia, Belgorod, Kursk, Kremlin, China, Cuba, True Russia, Ponomarev, Northern Virginia, Polish, ., Lviv, Yukos, London, Pennsylvania, Texas, Afghanistan, Putin Russian, Tallinn, Estonia
A Nazi Villa So Tainted Berlin Can’t Give It Away
  + stars: | 2024-08-12 | by ( Sarah Maslin Nir | ) www.nytimes.com   time to read: +1 min
Behind thickets of beech trees, overgrown with nettles and beside a blue lake an hour north of Berlin, a villa that once belonged to a Nazi mastermind quietly rots. No one knows what to do with the estate beside the Bogensee lake in Brandenburg. It was built for Joseph Goebbels, the Nazi propaganda minister, by his grateful country just before the start of World War II. Too burdensome for the state to continue carrying, prohibitively expensive for most real estate prospectors and tainted by history, Berlin has given up on selling or developing it. Instead, it has offered to give the Nazi mansion away, free.
Persons: nettles, Joseph Goebbels, expensively Organizations: Nazi, State of, Communist Party Locations: Berlin, Brandenburg, State of Berlin
In the first, “The Death of R.M.F.,” Jesse Plemons plays Robert, the hapless puppet of his boss Raymond (Willem Dafoe). Eats a Sandwich,” Stone and a now-shaven headed Plemons are the disciples of a purity cult led by Dafoe, tasked with locating someone able to revive the dead. Emma Stone plays three characters across three stories in Yorgos Lanthimos's "Kinds of Kindness," and her wardrobe journey reflects that. “Willem is such a great example: you are a CEO, and then you’re (Stone’s) father, and now you’re a leader of a sex cult. Yorgos Lanthimos/Searchlight PicturesIn the third chapter Dafoe plays a cult leader, freed from Raymond’s designer suits and instead sporting little else besides eyeliner and orange Speedos.
Persons: darlings, He’s, , ” Jesse Plemons, Robert, Raymond, Willem Dafoe, , Emma Stone, Plemons, , Dafoe, Yorgos Stefanakos, Yorgos, ” Jennifer Johnson, ” Johnson, Gianni Agnelli, Italy’s, Agnelli, ” Dafoe, Emma Stone’s, Johnson, Atsushi Nishijima, “ Anna Karenina ”, — Plemons, Tom Ford turtleneck Robert’s, “ Willem, Jesse Plemmons, Margaret Qualley, Rebecca, Ruth, she’s, lambasting Robert, “ There’s, it’s, ‘ yup, Ken, Barbie, “ They’re, groans Organizations: CNN, Searchlight, Fiat Locations: Hong, Venice, New Orleans
Left-leaning newspaper Liberation described the snap election call as an "extreme gamble," while the center-right Le Figaro ran a brief headline Monday: "Le choc" ("shock"). That happened well before the humiliation of the European election results, in which Macron's Renaissance party got less than half as many votes as the far-right Rassemblement National ... In the meantime, other commentators and newspapers, such as Les Echos, have characterized Macron's move as a game of poker. Macron's supporters defend the president as a self-made and ambitious man who has a direct way of speaking to voters. "First, he has interpreted the vote for the European Parliament as a personal insult, as a rejection of his domestic policy direction.
Persons: Emmanuel Macron, Xi Jinping, Ursula von der Leyen, Gonzalo Fuentes, Emmanuel Macron's, Macron, drubbing, Jordan Bardella, Le Figaro, Alexis Brézet, Fenoglio, Macron's, it's, Robert Ladrech, Chirac Organizations: Reuters, Macron's Renaissance Party, National Assembly, Le Monde, CNBC, Keele University Locations: Paris, France, what's, EU
The easier bit was the 90 minutes as Real Madrid won a record-extending 15th Champions League title by beating Borussia Dortmund in Saturday’s final. Off the pitch, Madrid topped Deloitte’s Football Money League 2024 with the highest revenues across the game over 2022-23. Madrid had been thrashed 4-0 by Pep Guardiola’s Manchester City in their Champions League semi-final second leg, while Xavi’s Barcelona easily won La Liga title. The ratings below, based on a model devised by sports intelligence firm Twenty First Group, help show the strength of many Madrid players whose best days are still ahead of them. Another key part of Madrid’s club value is its global reach and brand.
Persons: Dani Carvajal, Vinicius Junior, Nacho, Florentino Perez, Carlo Ancelotti’s, Jude Bellingham, Vinicius Jr, Federico Valverde, Rodrygo, Eder Militao, Aurelien Tchouameni, Eduardo Camavinga, Endrick, Pep, Cristiano Ronaldo, Sergio Ramos, Gareth Bale, Karim Benzema, Julian Finney –, Borja Garcia, , “ Perez, Lionel Messi, Ronaldo, Thibaut Courtois, David Alaba, Antonio Rudiger, Zinedine Zidane, David Beckham, € 350milllion, Eden Hazard, Luka Jovic, Zidane, Beckham, Boris Horvat, Harry Kane, Perez, Joselu, Arda Guler, — €, , Valverde, Brahim Diaz, Alphonso Davies, 519million, Bale, Isco, Benzema, Toni Kroos, Garcia, , Madrid’s Santiago, Florencia Tan Jun, 140million, € 1bn, Taylor Swift, 5million, “ We’ll, Andrea Sartori, trumpeted, ” Garcia, “ They’ve, they’ve, I’ve, 5.1billion, socios, 867million, It’s, Michael Regan – Organizations: Real Madrid, Borussia Dortmund, Madrid, Santiago Bernabeu, Liga, Supercopa de Espana, Atletico Madrid, Copa del Rey, Deloitte’s Football, Football Benchmark, Bernabeu, Manchester City, Champions League, Barcelona, La Liga, League, Julian Finney – UEFA, UEFA, Getty, Sport Management, Loughborough University, , Juventus, Manchester United, Casemiro, Football, Arsenal, Bayern Munich, Bellingham, PSG, Chelsea, City, Madrid’s Santiago Bernabeu, , € 1bn Bernabeu, NFL, 80million, Adidas, Emirates Airline, “ Real, Manchester City FC, Sixth, Providence, Catalan, Barca €, Super League, Super, Justice, Michael Regan – UEFA Locations: Saturday’s, Barcelona, Wembley, Madrid, Kylian Mbappe, “ Madrid, Tchouameni, Bellingham, AFP, England, Chelsea, Lille, Bernabeu, “ Real Madrid, Real, United States
Is Soccer’s Model Club Actually … Real Madrid?
  + stars: | 2024-04-05 | by ( Rory Smith | ) www.nytimes.com   time to read: +1 min
Florentino Pérez had a contented smile on his face, and with good reason. He had just watched Spain and Brazil share a thrilling, freewheeling draw at the stadium he has expensively, lavishly, reappointed. Now, Pérez, Real Madrid’s all-powerful president, found himself in a whitewashed tunnel, presented — completely by chance, obviously — with his favorite kind of photo opportunity. To one side stood Vinícius Júnior, Real Madrid’s standard-bearer and main event, dutifully introducing the man who pays his wages to his Brazil teammates. But Pérez’s focus was on Endrick, the 17-year-old star-in-waiting who will complete his long-awaited move to the Santiago Bernabéu this summer.
Persons: Florentino Pérez, , Vinícius Júnior, Endrick, Pérez, “ We’re, Locations: Spain, Brazil, Santiago
What to expect from the March jobs report
  + stars: | 2024-04-04 | by ( Elisabeth Buchwald | ) edition.cnn.com   time to read: +8 min
ET, when the Bureau of Labor Statistics releases its March jobs report. February brought the unemployment rate within spitting distance of 4%, rising to 3.9% from 3.7% in January. What could come from Friday’s jobs reportFebruary’s jobs report came as yet another surprise to economists. For instance, last month January’s job gains were revised down to 229,000 from the blowout 353,000 that kicked off 2024. The unemployment rate went up by half a percentage point from the post-pandemic low of 3.4% last April.
Persons: lockdowns, it’s, Michael Strain, , February’s, Andy Challenger, , Allison Joyce, Aaron Sojourner, they’ve, Sojourner, Luke Sharrett Organizations: New, New York CNN, Bureau of Labor Statistics, American Enterprise Institute, BLS, Federal, US, Challenger, , Department of Labor, Bloomberg, . Upjohn Institute, Employment Research, CNN, Federal Reserve, Getty Locations: New York, outplacement
Investors are pricing in a best-case outcome where earnings rise and inflation returns to normal in a continued economic expansion. “It’s a tough needle to thread,” said Steve Sosnick, the chief strategist at Interactive Brokers. “And that pretty much pulls forward almost all the returns, in our minds, for 2024.”AdvertisementCrit Thomas, a global market strategist at Touchstone Investments, has the same concern. “And so at 21x earnings, there’s very little margin for error here.”AdvertisementFourth-quarter earnings mostly met measured expectations , as did forward guidance. Clark Bellin, the chief investment officer at Bellwether Wealth, said he’s less worried about valuations broadly and is more interested in seeing which sectors look cheap.
Persons: , , Solita Marcelli, , Sameer Samana, Steve Sosnick, It’s, Steven Wieting, “ We’ve, Crit Thomas, “ I’m, ” Thomas, We’re, Chris Galipeau, ” Galipeau, ” Sosnick, we’ve, Liz Ann Sonders, Schwab, ” Sonders, there’s, Clark Bellin, he’s, ” Bellin, you’re, Stocks, Samana, won’t, Thomas, Wieting, Bellin, “ They’ve, they’re Organizations: Service, Business, UBS Global Wealth Management, Federal Reserve, Wells, Wells Fargo Investment Institute, Interactive, Citi Global Wealth’s, Touchstone Investments, Franklin Templeton Institute, Citi Global Wealth, Bellwether Wealth Locations: Wells Fargo, Samana, ” Samana, Galipeau
Many are delaying the cost as buy now, pay later programs are expected to have their biggest month ever. Many are paying via "buy now, pay later" platforms such as Klarna or Afterpay, which let shoppers pay in installments every week or month. Buy now, pay later also allows people to borrow less expensively as they get the pricing interest-free if paid off in time. Indeed, the Fed's "2022 Survey of Household Economics and Decisionmaking" found that 83% of respondents paid off their buy now, pay later programs on time. Compounding the problem is that people tend to spend more when using buy now, pay later programs, suggesting an overconfidence in what they can afford.
Persons: , Salesforce, Beryl Tomay, Klarna, Mark Luschini, Janney Montgomery Scott, Maria Bartiromo, Luschini, Michael Landsberg, Landsberg Bennett, Kraig, Foreman Organizations: Black, Service, Adobe, Mastercard, CNBC, Business, Federal Reserve Bank of Atlanta, Household Economics, Social Science Research Network, Wealth Management Locations: Landsberg
Many are delaying the cost as buy now, pay later programs are expected to have their biggest month ever. Many are paying via "buy now, pay later" platforms such as Klarna or Afterpay, which let shoppers pay in installments every week or month. Buy now, pay later also allows people to borrow less expensively as they get the pricing interest-free if paid off in time. Indeed, the Fed's "2022 Survey of Household Economics and Decisionmaking" found that 83% of respondents paid off their buy now, pay later programs on time. Compounding the problem is that people tend to spend more when using buy now, pay later programs, suggesting an overconfidence in what they can afford.
Persons: , Salesforce, Beryl Tomay, Klarna, Mark Luschini, Janney Montgomery Scott, Maria Bartiromo, Luschini, Michael Landsberg, Landsberg Bennett, Kraig, Foreman Organizations: Black, Service, Adobe, Mastercard, CNBC, Business, Federal Reserve Bank of Atlanta, Household Economics, Social Science Research Network, Wealth Management Locations: Landsberg
"The frustration is so massive," Pochettino told talkSPORT radio, saying a strong first-half performance gave way to a lack of calm after the break. Defender Marc Cucurella shot straight at Mark Flekken after a lofted pass by playmaker Cole Palmer. But Brentford soaked up everything Chelsea could throw at them with centre forward Nicolas Jackson, back in the starting 11 after an injury, unable to provide much of a threat. Brentford's third league win at Stamford Bridge in as many seasons meant that they leap-frogged their neighbours into 10th spot, while Chelsea dropped to 11th ahead of the rest of the weekend's fixtures. One name linked to the club is Brentford and England centre forward Ivan Toney who scored 20 times in the league last season but who is currently serving an eight-month ban for breaching betting rules.
Persons: Ethan Pinnock, Bryan Mbeumo, Mauricio Pochettino, Pochettino, Chelsea, Pinnock, Robert Sanchez, Thomas Tuchel, Graham Potter, Noni Madueke, Marc Cucurella, Mark Flekken, Cole Palmer, Nicolas Jackson, Ivan Toney, William Schomberg, Hugh Lawson Organizations: Brentford, Chelsea, Arsenal, Blues, Stamford, Thomson Locations: London, Argentine, U.S, England
The pros share their expectations and tips for how investors can trade in the month ahead. The volatility isn't over The "potential bite" of aggressive Fed policy could lead to more volatility, said Richard Saperstein, chief investment officer at investment firm Treasury Partners, in a Tuesday note. Avoid tech — but not completely Avoid mega-cap tech stocks such as the "Magnificent Seven" now, the pros said, referring to Apple , Amazon , Alphabet , Meta , Microsoft , Nvidia and Tesla — tech stocks that have made massive gains this year. "Big tech stocks have run and valuations are richer than they have been. Dave Sekera, chief U.S. market strategist at Morningstar, said on Thursday that not all tech stocks are overvalued.
Persons: Richard Saperstein, Ben Kirby, CNBC's, Carol Schleif, George Ball, Sanders Morris Harris, Schleif, Ball, it's, Dave Sekera, Kirby, Thornburg, Morgan Stanley, Andrew Slimmon Organizations: U.S . Federal Reserve, Treasury Partners, Thornburg Investment Management, BMO Family Office, Apple, Microsoft, Nvidia, Tesla, Big Tech, Morningstar, Autodesk, Software, Teladoc, CNBC, CME, Hyatt Hotels, Hotels, Resorts, Hilton Hotels, Morgan, Morgan Stanley Investment, United Rentals Locations: U.S, China, Argentine
Wrestling With Identity at the Edinburgh Festival
  + stars: | 2023-08-11 | by ( Houman Barekat | ) www.nytimes.com   time to read: +2 min
Questions of nationhood, identity and belonging loom large in three politically themed productions at this year’s Edinburgh International Festival. The tagline for this year’s edition is “community over chaos,” and there was plenty of both in “Thrown,” a National Theater of Scotland production running at the Traverse Theater through Aug. 27. When Imogen encourages Jo to take a greater interest in racial politics, this puts a strain on Jo and Chantelle’s friendship. Chantelle resents Imogen for boiling everything down to race and vents her frustration at being seen as privileged, simply because she is white. Helen provides moral support to Pam when she reveals her struggles with her gender identity and delivers the play’s defining monologue: a positive message of unity through celebrating difference.
Persons: , , Nat McCleary, Johnny McKnight, it’s, haggis, kilts, Jo, Adiza, Chloe, Ann Taylor, Imogen, Efé, Chantelle, Lesley Hart, Pam, Maureen Carr, Helen, Carr Organizations: Theater of Scotland, Traverse Locations: Edinburgh, Glasgow, Scottish, Scotland
Here are some facts about Gerasimov:AS CHIEF OF GENERAL STAFF* Gerasimov, now 67, is the third most powerful man in the Russian military after President Vladimir Putin and Defence Minister Sergei Shoigu. UKRAINE* Gerasimov played key roles in Russia's seizure of Crimea from Ukraine in 2014 and in Russia's game-changing military support for President Bashar al-Assad in the Syrian Civil War. * In January, Putin appointed Gerasimov to lead the Ukraine campaign, and made Army General Sergei Surovikin, appointed to the role three months earlier, one of his three deputies. read more* Yevgeny Prigozhin, head of the mercenary Wagner Group, fiercely criticised Gerasimov and Shoigu and staged a short-lived mutiny on June 23-24 to demand their dismissal. He graduated from the Kazan Higher Tank Command in 1977, from the Malinovsky Military Armoured Forces Academy in 1987, and from the Military Academy of the General Staff another decade later.
Persons: Valery Gerasimov, Wagner, Vladimir Putin, Sergei Shoigu, Putin, Shoigu, Gerasimov, Bashar al, Assad, Sergei Surovikin, Yevgeny Prigozhin, Prigozhin, Guy Faulconbridge, Gareth Jones, Kevin Liffey Organizations: Aemy, AS, Defence, Zvezda, Wagner Group, Kazan Higher Tank Command, Malinovsky Military Armoured Forces Academy, Military Academy of, General Staff, Leningrad Military District, Moscow Military District, Thomson Locations: MOSCOW, UKRAINE, Crimea, Ukraine, Syrian, Russia, Kazan, Leningrad, Moscow
Russia's invasion also struggled because of flaws in its planning for the operation. "The lack of effective line infantry units caused Spetsnaz units to be deployed mostly as light infantry, which also led to a high level of casualties among these units. It details not only structural flaws but also the tactical misuse of Russian special forces during the invasion itself. When the airborne assault on Kyiv failed and the tank columns stalled, the special forces were left adrift. Russian commanders then sent Spetsnaz units in to operate like light infantry, which increased their casualties and left fewer Spetsnaz units available for their designated missions.
Smart money moves for new grads
  + stars: | 2023-05-10 | by ( Jeanne Sahadi | ) edition.cnn.com   time to read: +7 min
Know what your means areFigure out how much money you bring in, how much you spend and how much you save. Don’t count on money you don’t have yetYou’ve heard you’ll be paid a bonus. But until it does, don’t spend it in advance because you have no control over when it will come or how much you’ll get. Clements recommends having just two credit cards: One with a low credit limit (e.g., $1,000 to $2,000) that you use as your “walking around” card for purchases. Plus it helps your credit score because you will never charge too high a percentage of your total credit limit.
JPMorgan initiates Alkami as overweight JPMorgan said the regional banking software company has strong fundamentals. " Bernstein reiterates Microsoft as outperform Bernstein said AI is going "everywhere and in everything" that Microsoft does. Goldman Sachs reiterates PayPal as buy Goldman said it sees further earnings upside after the company's earnings report on Monday. " Raymond James reiterates Palantir as strong buy Raymond James said it's standing by its strong buy rating on shares of the AI beneficiary. Credit Suisse downgrades PayPal to neutral from outperform Credit Suisse said it's too "challenging" to recommend shares right now.
Organizations: & & .
So far in 2023, this index of what are the leading lights of the U.S. economy is up 36% - six times the year-to-date gains of the S&P 500 index (.SPX). Put another way, this year's rise of these 10 mega tech stocks accounts for pretty much all of the S&P 500 gains. "But given how often the S&P 500 has been used as Exhibit A for overall 'resilience', it's important to acknowledge just how idiosyncratic this macro gauge has been." Are tech stocks overpriced? There are certainly plenty of concerns that these mega stocks may be overbought and just too expensive - even though that concern will hardly be a new worry for these stocks.
Or Surreal Housewife, if you prefer. Her name was Edna Everage (just one vowel away from “average”), and her advent in the mid-20th century anticipated a brash new age of undeserved celebrity. “Oh, my prophetic soul,” she might have said, contemplating the constellation of self-anointed stars who occupy our attention these days. The line comes from “Hamlet.” But Edna was the kind of gal who could convince you that she had coined it all by herself. Dame Edna, as she became known from the early 1970s, was the inspired alter-ego of the sui generis performer Barry Humphries, who died on Saturday in Sydney, Australia.
Arsenal still have a five-point lead with six games to play but City have two matches in hand and look irresistible having collected 25 points from the last 27 on offer. According to statistician Simon Gleave of data company Gracenote, Arsenal's draw with Southampton left them with a 21% chance of dethroning City, while Pep Guardiola's side now have a 79% probability of finishing top. "I cannot wait, these are the games you want to play," Arteta said in the wake of Friday's draw. Arsenal have lost their last seven meetings with City in all competitions and have not won at City in the league since 2015. City have chipped away at Arsenal's lead while also progressing to the semi-finals of the Champions League and on Saturday reached the FA Cup final after easing past Sheffield United in third gear.
Their research spans areas like the birth rate, housing, mental health, and climate change. Leading remote work expert Nick Bloom says it could be part of the solution to four of America's biggest problems. The share of work being conducted from home rose from 5% in 2019 to over 60% in 2020, Stanford economist and leading remote work expert Nick Bloom told Insider. Young Americans' mental health is plummetingTeenagers, in particular teenage girls, are in the midst of their worst mental health crisis in a decade, according to CDC data. Whether remote work will help the US move towards its climate goals remains to be seen.
Paul Manafort has quietly, and expensively, settled a 2022 DOJ lawsuit alleging he hid assets from the IRS. Manafort, who once chaired Trump's 2016 presidential campaign, must pay the feds $3.1 million. The settlement was revealed in a court filing in Florida, Manafort's current state of residence. The settlement, filed in US District Court in Florida, followed months of settlement discussions. The settlement is the latest chapter in a notorious, unapologetic life that included a controversial Trump pardon and an admission — to Insider in 2022 — that he had passed Trump campaign data to a suspected Russian asset, Konstantin Kilimnik.
Jack Grealish celebrates after scoring during Manchester City’s 3-1 victory over Arsenal. Barely a week after the Premier League accused Manchester City of more than 100 breaches of its rules on spending, the most expensively assembled team in Premier League history took control of the title race. Manchester City, with an all-star squad worth more than a billion dollars, returned to the top of the standings on Wednesday night with a swaggering 3-1 victory at Arsenal’s Emirates Stadium. Though Arsenal is only in second place due to its lower goal differential—and has played one less game than City—the result immediately felt like a turning point in the season.
The U.S. Bureau of Labor Statistics adjusts the raw numbers for January (and every other month) to strip out these seasonal effects and focus on the underlying trend by applying a set of seasonal adjustment factors. The application of seasonal adjustment factors then transformed smaller-than-normal actual job losses into a reported job gain of 443,000 in the private sector. There were also reported employment increases in construction (25,000), manufacturing (19,000) and mining, quarrying and oil and gas extraction (3,000). Labour hoarding probably exaggerated the strength of the jobs market in January 2023 and is likely to reverse in the next few months if economic growth continues to slow. There is a strong incentive to hold on to recently and expensively hired staff until the softening of the economy and the labour market is actually confirmed.
Gerasimov's deputies will be Army General Sergei Surovikin, the previous theatre commander, appointed three months ago and nicknamed "General Armageddon"; Army General Oleg Salyukov; and Deputy Chief of the General Staff Colonel-General Alexei Kim. "Now the General Staff is directly and uncompromisingly responsible for absolutely everything," said Semyon Pegov, a Russian military blogger who uses the name Wargonzo. Gerasimov was appointed chief of the general staff and deputy defence minister by Putin on Nov. 9, 2012, three days after Putin's long-time ally Sergei Shoigu was made defence minister. Gerasimov played key roles in Russia's seizure of Crimea from Ukraine in 2014 and in Russia's game-changing military support for President Bashar al-Assad in the Syrian Civil War. Gerasimov was born on Sept. 8, 1955, in Kazan, rising through the ranks from Russia's tank forces to graduate in 1997 from the Military Academy of the General Staff.
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