Deputy Economics Minister Andrei Klepach has been quoted as saying that, for Russia, the recession has already started, and that Russia’s next two quarters will see economic decline. Russia devalued the ruble for the fifth time in a mo...
TODAY: Putin names mountain after KGB; crisis sparks worries of unrest; 90th anniversary of Solzhenitsyn’s birth; Poland modernizing its military; Russian troops leave Perevi.An imagined scenario of what might happen as a result of the finan...
At risk of succumbing to the sentimental, I wanted to take a few moments to write about my experience this week traveling alongside the admirable Mrs. Marina Khodorkovskaya, the mother of Mikhail Khodorkovsky. Marina and I spent a considerab...
It’s worth reading this blog post by Jason Bush over at BusinessWeek on Russia’s incredibly shrinking economy. Bush links to a research note from Danske Bank which is, as far as I know, the first to put forward the possibility of...
…Because it’s much more palatable than the alternative to returning to Moscow’s rule. This exclusive translation comes from forum.msk.ru, and state propaganda news channel RussiaToday is also having fun with the news. Latvi...
UPDATE: The anti-Gazprom Serbian politician, Mladjan Dinkic, has apparently been forced to resign today. We’ve seen Moscow apply the Rumsfeldian divide-and-conquer disaggregation technique to split Europe from the United States on NATO and m...
Every year around this time, the Russian State Duma adopts a law declaring which days in the following year are going to be legal holidays. And, this being Russia, the process is always way more complicated than you’d expect. First, in order...
From RIA Novosti: Russia’s foreign minister said on Thursday during a TV interview that he was certain that Hillary Clinton would be easier for Russia to work with than her predecessor, Condoleezza Rice. (…) In answering a question as ...
We’ve written in the past about the Russian government’s worrying oversight of the blogosphere, but this one looks like it could be actionable. From the Moscow Times: Renowned designer and Russian Internet personality Artemy Lebe...
Falling oil prices have led to Russia posting its first monthly budget deficit this year, whilst falling oil production is threatening the BTS-2 pipeline, a Transneft project that many say is being built for ‘political rather than economic e...
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