The Maritime Executive reports breaking news on the wrath of Vladimir Putin:
Russian President Vladimir Putin has sacked 50 of his Baltic Sea naval fleet’s officers amid concerns about failure to follow orders, incompetence and corruption.
The Baltic Sea fleet is less well-equipped than Russia’s Black Sea and Northern fleets. It consists of 128 surface ships and 71 landing craft.
The significance of the Baltic region has surged in recent years with the defection from the former Soviet Union of the Baltic States, including Latvia, Lithuania and Estonia.
Not since Joseph Stalin’s purges in the 1930s have so many officers been sacked at once.
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Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
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