Year: 2008

November 11, 2008

Letting the Ruble Slip

We all knew this was coming, and we knew that it would be painful. After Central Bank Chairman Sergey Ignatiev indicated during a televised address yesterday that authorities would finally allow the value of the ruble to slip against its mixed bas...
November 11, 2008

The Problems of Binary Thinking on Russia

The release of the OSCE report which disputes Georgia’s claims about the start of the August invasion by Russia has obviously caused quite a stir, and started a whole new series of arguments from some unwitting pro-war apologists among Ameri...
November 11, 2008

Video: Nerpa Accident Brings Memories of the Kursk

Matthew Chance at CNN has a segment on the nuclear submarine accident this weekend which claimed 20 lives, as does the Associated Press. Grigory Pasko also has a report here, and further interviews are available here. Embedded video from CNN Video
November 11, 2008

The Return of Old Practices

The Financial Times has a good piece today about the concerns of international investors that the old tactics of the 1990s are making a comeback in Russia, whereby oligarchs were able to hide their assets beyond the reach of creditors thanks to in...
November 11, 2008

The Redistribution of Inefficiency

Out of Russia’s famously corrupt and inefficient bureaucracy, the police department holds a certain revered status – last year the public prosecutor even opened a probe into the regular bribing of drivers by the traffic police, and the...
November 11, 2008

Go Ahead and Escalate

This letter was published in the Wall Street Journal today: For those of us who spent years analyzing war games during the Cold War, there is an appropriate response to Dmitry Medvedev’s threat to place missiles in Kaliningrad (“Obama&...
November 11, 2008

Energy Blast – Nov 11, 2008

Prime Minister Vladimir Putin has insisted that Russia develop measures that will allow it to ‘actively influence’ the price of oil, as the New York Times reports that this week’s Russian share drop is the result of lower oil prices. If Russ...
November 11, 2008

Today in Russian Business – Nov 11, 2008

Finance Minister Alexei Kudrin yesterday slammed the International Monetary Fund as being inadequately equipped to deal with the financial crisis. The crisis is leading to as much press volatility as price volatility, with Russian stocks climbing ...
November 11, 2008

RA’s Daily Russia News Blast – Nov 11, 2008

TODAY: Putin hails Egypt as Arab leader; over half of Russians see police force as untrustworthy; Merkel urges NATO-Russia cooperation; disaster submarine was headed to India. Yesterday was the annual police holiday, Police Day. President Dmitry M...
November 10, 2008

Book Review: A Thin Friendship between Russia and China

“Axis of Convenience”: Exploding the Myth of an Authoritarian Alliance in Russia-China Relations by Bobo Lo (Brookings Institution Press, £18.99, 300 pages) I recently had the pleasure of attending a discussion by Bobo Lo on Russia-Chi...