Saturday, July 1, 2023

Putin’s vulnerabilities are exposed by Wagner mutiny

This is the weekend edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion publishes each week based on

This is the weekend edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion publishes each week based on web readership.

The Wagner Mutiny Foreshadows a Russian Defeat — Leonid Bershidsky

The mutiny by Wagner PMC, the mercenary army founded by St. Petersburg caterer Yevgeny Prigozhin, hardly comes as a surprise after months of mockery and derision directed at military leaders in Moscow. But in its timing — in the midst of a Ukrainian counteroffensive — this apparent reenactment of Benito Mussolini's 1922 March on Rome could foreshadow Russia's defeat in its war of choice.

Photographer: Gavriil Grigorov/AFP via Getty Images

Regular units have been fighting off the Ukrainian counteroffensive without Wagner's help and have suffered no major defeats so far. Without an active role in the conflict, Prigozhin's private army was getting expensive to maintain and useless as a moneymaker — its primary function for Prigozhin, who founded it to fight for resource concessions in Africa and the Middle East. Rather than shrink into the shadows, the restaurateur-turned-field commander went all in.

Putin's authority has been undermined by the shoddy conduct of the Ukraine invasion, but he is no Luigi Facta, the Italian prime minister who was powerless to stop Mussolini from seizing power, nor is he King Victor Emmanuel III, who allowed the fascist leader to take over.

Read the whole thing.

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