Derek Brower, an energy journalist and former contributor to this blog, has a piece in the new edition of Petroleum Economist providing a “report card” on the recently disappointing performance of the once unsinkable Gazprom. Excerpts ...
Yesterday Russia’s foreign exchange reserves fell below $500 billion for the first time in eight months, dropping to $484.7 billion, not just because of the $50 billion rescue package but also due to the dragging efforts from the Central Ban...
These are tough times for the Russian economy – and those days when the political leadership was bragging about its easy liquidity and its status as a shelter during the storm seem quite distant indeed. Credit is tightening up, so major inte...
Defense Secretary Robert Gates made some pretty interesting comments a couple days ago during a speech at the Carnegie Endowment for International Peace. With regard to the proposed anti-ballistic missile shield in Poland and the Czech Republic, S...
Doug Sanders at the Globe and Mail talks to Masha Lipman about how the “fragile bond” between the Kremlin and the business sector is coming under strain because of the economic crisis and the oligarch rescue plan. Sounds like the name ...
A boost in the price of crude oil helped Russia’s stocks to surge 20% yesterday, but the fluctuations in price are forcing some US oil majors to stall projects. Despite a record profit this quarter, Exxon Mobil is struggling to keep up with oil-pr...
The financial crisis: Russia hasn’t seen anything like the worst of it yet, says this article. The country’s gold and foreign exchange reserves have fallen below $500 billion for the first time in eight months, with this week’s fall being th...
TODAY: Deripaska denied US visa due to ‘criminal associations’; Lavrov blames Georgia; Russian interests in Latin America provide an arms-export showcase; ‘half’ of Russians satisfied with government; Ingushetian president dismissed. US immigratio...
From Robert Skidelsky in the Financial Times: Despite the professionalism of the rescue mounted by the finance ministry and central bank – and the budgetary cushion provided by the stabilisation fund, brainchild of Andrei Illarionov, Mr Putin’s di...
First Fridman, then Deripaska. Now a report in Reuters points out the obvious fact that the acceptance of corporate welfare in Russia is a Faustian bargain: The billionaires have transferred stakes in some of their most prized firms from Western b...
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
