Month: December 2007

December 27, 2007

The Kremlin Believes in Santa, and So Do You

For all those of a libertarian bent out there complaining about their own intrusive, nanny state, they should take a look at Russia, where it has become illegal to question the existence of Father Frost, the Russian version of Santa Claus. The Fed...
December 27, 2007

The Fuel Fixers

The last issue of the New York Times Magazine has a compelling article from Peter Maass about an alleged CIA officer who bribed the president of Kazakhstan more than $78 million to guide oil and gas toward Europe and the United States instead of t...
December 27, 2007

RA’s Daily Russia News Blast – Dec. 27, 2007

Today: Nemtsov withdraws from elections; Medvedev receives increased support, pledges to increase spending on national projects; Russia to provide Iran with new air defence system; Khodorkovsky’s custody extended. Boris Nemtsov, the liberal ...
December 27, 2007

Today in Russian Business

Aluminium producer Rusal said it will raise its stake in Norilsk Nickel from 25% to 27%. The board of KM-Invest, a Russian firm that manages some assets of tycoons Mikhail Prokhorov and Vladimir Potanin, has voted to sell more of its assets. A rev...
December 27, 2007

Energy Blast, Dec. 27, 2007

“We have received an extremely negative experience of foreign participation in exploration projects in Russia’s East,” said Gazprom’s deputy chairman. The company is against giving Russian subsoil to foreign companies to develop....
December 26, 2007

Prepare for Disappointment in 2008 Relations with Russia

The FT is running a new op/ed which both predicts the difficulties and points to the opportunities for the West to improve relations with Russia: “The question for the west is how to deal with such an important but increasingly unco-operativ...
December 26, 2007

Russia’s New Mercantilism

Old-style mercantilism, as compared to free trade, was an economic doctrine formerly implemented by national governments to advance their country’s interests at the expense of others – a divide-and-conquer approach to trade and investm...
December 26, 2007

McFaul: Mistaking Correlation with Causation

Michael McFaul writes about the TIME selection of Vladimir Putin as Person of the Year in Slate: In mistaking correlation for causation—in arguing that the coincidence of Putin’s time in power and Russia’s economic recovery proves that...
December 26, 2007

Energy Blast, Dec. 26, 2007

Russia is willing to participate in the construction of a nuclear power plant in Belarus. Russia will raise duties on oil exports by 21%, starting in February. A new pumped storage hydropower station in the Leningrad region, to be completed by Hyd...