“Practically all” the top managers at OGK-2 have resigned, leaving the company with a severance bill of $23.51 million, supposedly “enrag[ing] its owners,” Gazprom and Unified Energy Systems. TNK-BP says its management recommended almost halving t...
Saudi Arabia has given its consent for Russia to become a member of the World Trade Organisation, and the two have signed a bilateral accession deal. “Saudi Arabia has become the 60th WTO member with whom we have completed negotiations on market a...
TODAY: Yury Baluyevsky leaves his post following conflicts; Politkovskaya suspect released; Kasparov criticizes Russian press; Duma to ban Valentine’s Day. Following reports of disagreements with Defense Minister Anatoly Serdyukov over the directi...
This one was just a little too random not to blog about. The British-American Tobacco group (BAT), the makers of the Kent cigarette brand, may be sued by the Russian government’s anti-monopoly watchdog for false advertising – apparentl...
Here’s an op/ed from Sen. Chuck Schumer on how Russia can play a role in working on the Iran problem. Although well-intentioned, I still think that Sen. Schumer takes many things about Russia’s views on Iran at face value. There is muc...
These two types of risks seemed to be confused at times in Russia, as shown in this new FT article: “I got tired of saying a year ago or more that what you think of as political risk in Russia doesn’t exist,” says Stephen Cohen, managing director ...
Back in April I gave a presentation in London on something I call the “resource nationalism checklist” – which is a list of many of the areas of consideration for foreign investors in emerging markets. I had posted the paper outl...
Gazprom could become a buyer of Azeri gas as the country prepares to ramp up production and start competing with Gazprom in southern Europe. “Azerbaijan, being a big hydrocarbons producer in CIS, is a natural partner for Russia and we have common ...
It is being reported that a new law will give Vladimir Putin the last word on foreign bids to buy Russian companies in 42 “strategic” sectors including oil, gas, media and telecoms. Finance Minister Alexei Kudrin said the law was the result of a “...
TODAY: UN environmental concerns over Sochi; Medvedev moves to withdraw bill on press restrictions; Kremlin’s “stop-list” sees public figures airbrushed off of television; Kudrin in WTO talks with Saudi Arabia; Yuri Ushakov to take senior governme...
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