Year: 2008

November 10, 2008

The Formergarchs

The Canadian magazine Macleans has a new piece about Russia’s potential to seize upon the economic crisis to expand influence and rebuild the empire. It’s a pretty good story, even if it’s becoming quite familiar… Whether R...
November 10, 2008

Fitch Downgrades the Ruble to Negative

Emerging markets look like they are in for another rough week, Russia included. The Financial Times is reporting that the rating agency Fitch has downgraded the credit rankings of Bulgaria, Hungary, Kazakhstan and Romania, and slashed the long-ter...
November 10, 2008

Adam Michnik: The Fear of Russia’s Wrong Direction

Below is an exclusive English translation of an extensive debate transcript featuring the Polish historian Adam Michnik, one of Poland’s foremost intellectuals and hero from the Solidarity movement. We also recently published a translation o...
November 10, 2008

Medvedev’s iPod Playlist

The Globe and Mail asks an interesting question: Mr. Medvedev is known to be a great lover of rock ‘n’ roll, especially as practised by Deep Purple and Pink Floyd. Lately, one could be forgiven for wondering if the Beatles have taken o...
November 10, 2008

Telephones, Beer, and Oil

Way to Russia blog has published a list of the top ten most valuable Russian brands. It’s interesting to see Rosneft ranked up there so high, when only five years ago it was practically a non-entity before swallowing up Yukos. It’s als...
November 10, 2008

Getting What They Asked For

Dmitry Medvedev’s bid to be the first to threaten Barack Obama is generating plenty of reaction, which is exactly what Moscow seems to have wanted. But the move has also been quite successful so far in disaggregating the president-elect̵...
November 10, 2008

The Need for Presidential Pardons

From a Mark H. Teeter column in the Moscow Times: Two prominent cases before President Dmitry Medvedev derive from the Yukos affair, a purported fraud and tax evasion proceeding that most observers consider either selective prosecution or a legal ...
November 10, 2008

Energy Blast – Nov 10, 2008

The Federal Anti-Monopoly Service has approved a $2.2 billion takeover bid by India’s ONGC for British-based, Russia-focused Imperial Energy. The government’s move to cut oil export duties has ‘failed to make exports profitable again’, with a 25% ...
November 10, 2008

Today in Russian Business – Nov 10, 2008

Deputy Prime Minister Igor Sechin has reopened an investigation into miner Uralkali on whether not it must pay damages for a 2006 flood. Vladimir Putin, in his capacity as leader of the United Russia party, has signed off on a series of 55 measure...
November 10, 2008

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

TODAY: Obama not yet committed to missile defense plan, giving Kremlin hope of more flexible relationship; Medvedev and Obama speak; Kremlin to all but ignore Bush administration; Russia to soften trade measures to smooth path to WTO; Russia and V...