Year: 2008

November 19, 2008

The Ruble and the Reserves

There appear to be some discrepancies over views on possible ruble devaluation and the rate of depletion of Russia’s foreign exchange reserves. From AP: Russia’s finance minister sought Wednesday to reassure investors and citizens that...
November 19, 2008

Economic Crisis to Prompt Early Elections?

That’s what Yulia Latynina was suggesting in her column today.  Garry Kasparov also has a big interview with Reuters in which he (no surprise) not only predicts the rapid toppling of the regime within the next two years, but also hypoth...
November 19, 2008

Oleg Kozlovsky: Autopsy of an Opposition Party

A Medical Report for SPS By Oleg Kozlovsky On 15 November, Union of Right Forces (SPS), one of the two remaining democratic parties in Russia, was liquidated by its own members at an extraordinary convention in Moscow suburbs. This was, as openly ...
November 19, 2008

Bakhmina as a “Seed for Civil Society”

Below is an excerpt from an editorial published in the Boston Globe.  The New York Times also ran a piece, the petition can be signed here, and other blog material read here, here, and here (Pasko wrote his piece back on Jan.24, 2007). Recent...
November 19, 2008

Russia’s Leaking Economy

From Yulia Latynina in the Moscow Times, a suggestion of a building scapegoat campaign: In order to understand how the Russian economy was built, ask yourself one simple question: Is it possible to carry water in a colander? Yes — if you are...
November 19, 2008

Energy Blast – Nov 19, 2008

Belarus hopes that broader economic integration with Russia as of 2010 will help it secure the discounted rates it currently pays for natural gas.  The current massive debt problems faced by Russian electricity providers are reportedly due to...
November 19, 2008

Today in Russian Business – Nov. 19, 2008

The World Bank’s 2009 outlook for Russia is ‘grim‘, predicting further falls for the ruble and cutting the growth forecast in half, and Dmitry Medvedev has acknowledged that the crisis is starting to hit the real economy, as Fina...
November 19, 2008

RA’s Daily Russia News Blast – Nov. 19, 2008

TODAY: Politkovskaya trial closed to public; tariff increases could harm WTO bid; presidential term bill has successful second reading in Duma; Medvedev against parliamentary elections; prosecutors to eye press coverage of financial crisis; Georgi...
November 18, 2008

Arms for Oil in Africa

Apparently the government of the Sudan is prepared to offer Russian energy companies special benefits and terms to make sure that this country is the “gateway” for Russia’s entrance to continent: Mudawi further said that Sudan do...
November 18, 2008

Russia’s New Friends in the Middle East

Today’s news that Somali pirates have hijacked a Saudi Arabian oil tanker, carrying one quarter of the OPEC nation’s daily production (valued at $100 million), may result in increased cooperation on security of oil shipments between th...