The Financial Times is running a story tonight about an $87 billion bailout plan by the Russian government to ease the fall of some of the country’s most wealthy and overleveraged men – allowing the government enormous power to determi...
Firstly I need to apologize to all my readers for having been away from the blog all day. I had a long flight from Europe to North America today, but not before I was in contact with many people asking about Karinna Moskalenko, one of Mikhail Khod...
The fervent brand of nationalism that has flourished in Vladimir Putin’s Russia has taken on many forms, from Nashi youth rallies to nostalgic trends of consumerism to violence against immigrants. But perhaps the most vibrant arena for these...
For a while now I have been checking out some entries at the Across the Pond blog managed by Deutsche Welle, sometimes finding interesting opinions and other times, well, not so much. Today’s entry is a reaction to the Vali Nasr op/ed on Ira...
Grigory Pasko has just contacted us with a breaking news report: today in Moscow, none of the Visa or MC Electron labeled ATMs were giving out any cash, possibly signifying a freeze on accounts. Pasko could not ascertain the functioning of other A...
See Pasko’s first dispatch from Iceland here. Descendants of the Vikings or Political Correctness in Iceland Grigory Pasko, journalist Если Вы хотите прочитать оригинал данной статьи на русском языке, нажмите сюда. On 5 October of this year ...
It looks like Russia’s Renaissance Bank is experiencing its own small version of the Société Générale rogue trader scandal, as a young man placed several unauthorized trades on the market right before the crash, losing the group about $10 mi...
Washington appears to finally be paying the cost of ignoring Latin America for so many years as Russia swoops into the vacuum. This comes from Dan Erikson of the Inter-American Dialogue: Moscow’s outreach to the region is by no means confine...
This report from National Public Radio interviews average Russians about their perceptions of the economic crisis: Russia is among the countries hardest hit by the world’s financial turmoil. Only recently, Moscow was bragging that its oil-ri...
The President of Russia’s Gas Union insists that the financial crisis will have no effect on the country’s major natural gas pipelines. Will OPEC respond to the drop in oil prices with a cut in production? Likely so, says The Economist. The Presid...
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