Russia is facing its first budget deficit in a decade, which it intends to cover with the remains of its reserve fund. The ruble has been devalued three times this week, and seven times this month. ‘As long as oil remains depressed and...
TODAY: Russia to increase number of nuclear missiles; Duma to raise ‘financial literacy’, comedians avoiding the crisis; Russia wants UN corruption officials out; Nikita Belykh, Anna Politkovskaya.The State Duma is in the process of cr...
From a new column by Anders Aslund on Russian economic policy: Apart from Russia’s excellent fiscal policy, just about everything has been wrong with the country’s economic policy since authorities arrested former Yukos CEO Mikhail Kho...
Although it feels like a subject we have beaten to death with a heavy stick, today’s first official meeting of the gas cartel can’t go by without comment. We’ve written about why it’s different than the oil cartel, wh...
Phillip Pan of the Washington Post offers some ideas about the meaning of Nikita Belykh’s appointment as governor of Kirov province – a move which destroyed the Union of Right Forces in one swipe, but inserted an unexpectedly fresh fac...
Well, the end of another year is quickly approaching, which means one thing for all us Russia watchers: time for another natural gas war. Will it be Belarus again this year? Nope, it looks like the clever Lukashenko has danced hi...
Details of Russia’s agreement with Belarus on the price of gas are being kept under wraps, as the Kremlin merely stated that ‘the talks have produced an agreement‘. This silence is giving rise to speculation about Belarus h...
The number of unemployed in Russia will double over the next year to 10 million people. Aeroflot is not considering a merger with S7 because the airline’s profit has dropped 57% and ‘there is nothing to merge with‘. C...
TODAY: United Russia blocks logging enquiry, party leader resigns over car tariffs? Putin’s image suffering, no apparent plans to reverse tariff decision; confusion over supply of weapons to Iran, US calls for clarification; OSCE missi...
We’ve posted several articles already about the recent mass demonstrations in Vladivostok and other Russian cities against the recent steep increase in import duties on foreign cars – Vladimir Putin’s version of the recent Detroi...
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