world. i m fareed zakaria. today on the program from the czars and arenas to soviet-era com czars to president putin. we delve into the nature of power in russia looking at the past to help us understand the present. i ll talk to the new yorkers david remnick can professor nina krus efa. also the prime minister of barbados on getting the west to pay for damage for the climate change s rising seas and weather. two degrees is a death sentence. and the president of kenya on why many nations in the global south are not taking a side on the war in ukraine. but first, here s my take. in his important book the third wave samuel huntington pointed out the division among the ruling elite is a key sign of weakness in authoritarian regimes. when prominent members of the establishment break with the system it often triggers a larger set of changes. conversely, when you do not see such defections it means the autocrat will probably be able to survive. syrian dictator bashar al ass
The once-troubled State Pier project in New London is on track to show a $1 million dollar profit over its first year in operation, a departure from its rocky start when construction costs ballooned to more than three times the original estimate. After four years of construction, the massive but long-neglected state pier on the state’s only natural deep water harbor has been reconfigured as .
capital, there is the reality that we need to find a new source of capital for the global public goods, and we believe that multinational corporations who are benefiting egregiously, who have caused a problem need to leave a few cents in the dollar profit on the table. do you, when you look at what is going on in paris with this climate financing conference and others, do you think we re on the right track? i do think that we re moving in the right direction, but i don t think we re moving with the pace or with the scope that s necessary. whether we like it or not it s coming at us and if you know you re on a track and a train is coming at you at full speed you don t stay on the track and what is necessary now is for us to build a coalition and what is happening is domestic politics and geopolitics are getting in the way of us doing the right thing. we know what has to be done, but unless the political will can overcome the geopolitics and
political conversation and not an overall economic conversation because as an accountant the i know that profit margins are based upon one thing, how much comes in versus how much goes out and, sure, prices do change. part of the reason for the excess profits in some of these companies is because price increases from inflation. as prices get inflated because of inflation, your revenue does go up, your cost does go up, but your dollar profit does go up as well, and that s easy to target, an excess profit, when your profit margins are staying consistent but your dollar profit is going up. neil: all right. laura, i know you were shaking your head there, but there does seem to be a sense out of the administration that it won t accept responsibility for anything, you know? oil runup, gasoline, the the putin war. what s happening, going on with food prices at the grocery store, it s all a cabal among the food guys that are greedy.