Year: 2008

December 22, 2008

Loosening Russia’s Currency Belt

In case you haven’t noticed, the Russian ruble appears to be in a lot of trouble, under tremendous pressure from sellers fleeing to other currencies like monetary refugees.  Although the Central Bank widened the band and allowed the rub...
December 22, 2008

Acts of Compassion

Russia Profile is carrying the following opinion article by Alexander Arkhangelsky. December 22, 2008 Mercy for the Fallen Comment by Alexander Arkhangelsky Special to RIA Novosti Acts of compassion should be the rule, not the exception In the pas...
December 22, 2008

Grigory Pasko: Are Hangmen Sad at Night?

Are hangmen sad at night? Grigory Pasko, journalist Если Вы хотите прочитать оригинал данной статьи на русском языке, нажмите сюда. President of the RF Dmitry Medvedev, appearing at the beginning of December at the All-Russian Congress of Judges, ...
December 22, 2008

The VEB Holiday Bump

Traders should be happy to hear this holiday news from Reuters: Russian state bank VEB may launch a last-ditch attempt to improve the Russian stock market’s dismal 2008 performance with stepped-up cash interventions in thin holiday trade, an...
December 22, 2008

The Information Vacuum

From an editorial in the Rocky Mountain News: “We are hurtling back into a Soviet abyss, into an information vacuum that spells death from our own ignorance,” Politkovskaya wrote in The Guardian two years before her death. “All w...
December 22, 2008

Russia’s Depleting Foreign Reserves

FT columnist Gideon Rachman blogs about the crisis protests over this weekend, and takes a look at the remarkable speed with which Russia’s once abundant foreign reserve fund is emptying: More broadly, the Russian government is facing a seri...
December 22, 2008

ECHR Orders Russia to Release Yukos Prisoner

UPDATE: Reuters is on the story now.  The following news release was arrived in our email box from the defense team of Vasily Alexanyan. European Court of Human Rights orders Russia to release AIDS prisoner The European Court of Human Rights ...
December 22, 2008

Energy Blast – Dec 22nd, 2008

Read a summary of Russia’s attempts in 2008 to secure a share in the Caspian’s oil and gas reserves.  A deal has just been ratified between Russia, Kazakhstan and Turkmenistan to build a natural gas pipeline along the Caspian.&nbs...
December 22, 2008

Today in Russian Business – Dec 22nd, 2008

Vladimir Putin issued a warning to employers over the weekend about job cuts. ‘Business should not… fire people without extreme need,‘ he said.  State-run banks are planning to inform the authorities of any breach of workers...
December 22, 2008

RA’s Daily Russia News Blast – Dec 22nd, 2008

TODAY: Car tariff demonstrations see protesters beaten and arrested – video; Russia delivers air-defense system to Iran; Belarus could get $3 billion loan if willing to pay the price; presidential term vote unanimous; the Merchant of Death o...