Year: 2008

December 5, 2008

Energy Blast – Dec 5th, 2008

Will Ukraine face a Russian gas cut, like the one in 2006?  Putin has re-issued last year’s threats to Ukraine that Russia would cut supplies if it did not receive debt repayments, and suggested that Ukraine had ‘lost its mindR...
December 5, 2008

Russia’s Bridge to Nowhere

In 2006, Thomas Friedman argued that the price of oil correlates to democracy in emerging markets. With characteristic grandeur he remarked, “give me $18-a-barrel oil and I will give you political and economic reform from Algeria to Iran....
December 5, 2008

Today in Russian Business – Dec 5th, 2008

Russia’s foreign reserves rose $5 billion last week, signaling a departure from $12-15 billion weekly losses the reserves suffered this fall, and Vladimir Putin made sure to point it out during yesterday’s q&a.  Expectations o...
December 5, 2008

RA’s Daily Russia News Blast – Dec 5th, 2008

TODAY: Patriarch Alexei II dies in Moscow; Putin’s Q&A, Medvedev tries to define his boundaries; EU responds negatively to Russia’s proposed security measures and moves to boost ties with former Soviet states; masked police invade ...
December 5, 2008

Vladimir Putin’s Annual Q & A

Prime Minister Putin held his annual live broadcast question-and-answer session yesterday – his seventh, although his first in the role of Prime Minister, sparking the usual speculation about Russia’s power vertical, as well as some ac...
December 5, 2008

President Putin? Probably…

Responding to a question from a BBC reporter on whether or not he will return to the presidency in the next 12 months, Putin laughed and said: ‘It’s always the foreign media that are interested in this question.  I have a very eff...
December 4, 2008

Medvedev and the Audacity of Hope

There has been an increasing amount of friendly pressure from Russia on US president-elect Barack Obama’s administration, and Prime Minister Vladimir Putin has added his voice today.  From The Guardian: ‘Usually… when there ...
December 4, 2008

Sibir Energy’s Corporate Scandal

The financial crisis may require that companies make sacrifices to protect themselves from ruin, but ‘this is ridiculous‘, says The Times of London.  The investor community is in an outrage over Sibir Energy’s latest move, a...
December 4, 2008

Energy Blast – Dec 4th, 2008

Russia apparently isn’t intending to sell its $58 billion stockpile of Kyoto Treaty credits to other nations, but will use them instead as collateral in a successor treaty.  The European Union wants to strengthen efforts on the construc...
December 4, 2008

Today in Russian Business – Dec 4th, 2008

‘What thoughts would go through the mind of a person who, after just losing his job, happened to pick up the glossy style section of a leading newspaper and saw that Russia’s first lady loves Breguet watches?‘  Shares in Sib...