RA’s Daily Russia News Blast – Nov 7, 2014
TODAY: Concern over eastern Ukraine resurfaces; Putin blames politics for falling oil prices; Lavrov tackles German business partners; Lada boom. Reactions to Timchenko case emerge; Putin warns against historical revisionism; is accused of revisionism; Russia on the silver screen.
President Putin has held talks with senior security chiefs over a ‘deterioration of the situation‘ in eastern Ukraine as concerns mount that the ceasefire has been breached. The President apparently has no imminent plans to meet Ukrainian President Petro Poroshenko or the newly elected heads of the people’s republics of Donetsk and Luhansk. The President has suggested that the drop in global oil prices affecting the Russian economy is the result of a ‘political component‘. The Federal Anti-Monopoly Service has initiated an inquiry into privately-owned oil firms Bashneft and Lukoil (and the state’s own Rosneft) suspected of market rigging to drive up domestic petrol prices. Foreign Minister Sergei Lavrov has met with leading German executives in an attempt to improve economic ties between the two countries which have suffered due to Ukraine. The Russian-made Lada car has proved one of the few benefactors of Western sanctions. Russia’s first McDonald’s, which closed this past summer in a tit-for-tat over sanctions, is likely to reopen at the end of the month.