Year: 2008

June 10, 2008

Energy Blast – June 10, 2008

The head of TNK-BP, Robert Dudley, will be questioned today as a witness in a tax probe case, following questions yesterday over the hiring and remuneration of foreign employees, for which the company was ordered to hand over “masses of documents”...
June 10, 2008

Today in Russian Business – June 10, 2008

Using the Diva clothing store as a case study, this article looks at some of the problems facing Russia’s small businesses. Mitsubishi Motors Corp and Peugeot Citroen will initially invest €470 million euros ($730 million) in a joint venture in Ru...
June 10, 2008

RA’s Daily Russia News Blast – June 10, 2008

TODAY: Gates says Russia is focused on developing nuclear capabilities; National Bolshevik Party “storm” Russian Railways; Putin for control over state corporations; Chaika forbids investigation of his colleague. US Defense Secretary Robert Gates ...
June 9, 2008

Russia’s Rule of Law Deficit

Gideon Rachman has a Russia-focused column running in tomorrow’s FT which argues that the new president will need to do more than just offer rhetoric to repair rule of law. His point of departure: the extraordinary meekness with which Wester...
June 9, 2008

eXile Undergoes a Censorship Audit

I have never taken The eXile very seriously (perhaps arguably, neither do the editors), but it appears that the Kremlin sure does. The English-language cult magazine is currently undergoing an “unplanned audit” of its editorial content...
June 9, 2008

Anthony Rose: Conversations with Penfold

[What follows is the latest contribution from the lawyer Anthony Rose, about whom you can read more here. – Bob Amsterdam] Conversations with Penfold * Weekend of June 7th and 8th 2008 I was talking to Penfold over the weekend about some thi...
June 9, 2008

Video: Medvedev Speech at World Economic Forum

President of the Russian Federation Dmitry Medvedev gives a private address to a roundtable of 80 CEOs of member companies of the World Economic Forum. This is the speech in which Medvedev blames the United States for the global economic slowdown....
June 9, 2008

Persistent Corporate Governance Concerns in Russia

The FT has an interesting Q&A today with Peter Elam Håkansson, chairman of East Capital, a well performing Russia fund: Is there anything beyond the oil and gas story in Russia (which might come off sharply if a real global slowdown takes pla...
June 9, 2008

Energy Blast – June 9, 2008

One report says that the weekend’s Economic Forum saw Russian leaders “wooing investors by pledging to curb corruption,” but that the still uncertain fate of TNK-BP “clouded” the meeting. At the forum, Medvedev’s economic aide complained of “limit...