newmogul

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The bear is back. That's what all too many Russia-watchers have been saying since Russian troops steamrolled Georgia in August, warning that the country's strongman, Vladimir Putin, was clawing his way back toward superpower status. The new Russia's resurgence has been fueled -- quite literally -- by windfall profits from gas and oil, a big jump in defense spending and the cocky attitude on such display during the mauling of Georgia, its U.S.-backed neighbor to the south. Many now believe that the powerful Russian bear of the Cold War years is coming out of hibernation.
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