In a rare show of defiance toward the federal government in Moscow, regional politicians in Tatarstan on Thursday rejected a set of amendments to its constitution that would have, among other measures, demoted the republic’s leader from “president” to “head” as the Kremlin continues its attempt to rein in Russia’s regions. While at one point 13 Russian regions called their elected heads “presidents,” a campaign of rigorous centralization fought by the… Source link
Read More »Amazon’s ‘Achilles heel has emerged:’ Volition Capital managing partner
Disappointing Q2 revenue reports and Q3 forecasts for Amazon (AMZN) may be symptomatic of a larger weakness, Volition Capital Managing Partner Larry Cheng said in an interview with Yahoo Finance Live. “[Amazon will] be dominant in the future,” Cheng said. “However, I do think during this period their Achilles heel has emerged, and it’s the strength and the weakness being the same thing for Amazon. Their strength is that they are ‘the everything store.’ Their weakness is that they are… Source link
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