The Future of the Dollar
U.S. Financial Power Depends on Washington, Not Beijing
Russians love sports. They always have. Like their counterparts in other countries, they believe that athletic prowess reflects national strength. Russians also like television. The country has hundreds of channels, and although young people might reach for their cell phones or laptops in the big cities, as many as 85 percent of Russian citizens still depend on television for their news.
The Olympics, which start today, will bring these two loves together. Across the world, round-the-clock television footage will feature white-knuckle competitions and emotional celebrations in Russia’s staggeringly beautiful Sochi, a resort town ringed by the snow-covered peaks of the Caucasus. Russian President Vladimir Putin will get the chance to show a vast global audience how modern and powerful -- in soft and hard terms -- his country is. He will no doubt be pleased if the foreigners who have questioned Russia’s ability to pull off the games have