Regular readers of this blog know that once in a while we like to feature translations from the Russian state-run media to provide a glimpse into exactly what kind of extremism and hyperbole is regularly getting pumped into the public sphere. Our ...
The story of Svetlana Bakhmina, a former lawyer for Yukos who has been arrested and held in jail for more than six years for doing nothing more than perform her job, is one of the saddest in a long history of judicial travesties surrounding the pe...
I think it’s ridiculous for U.S. officials to gloat over the financial crisis in Russia as though it were caused mainly by the invasion of Georgia. It seems that undersecretary William Burns would like to take credit for the worst stock mark...
The war with Georgia is having serious commercial repercussions across the Baltics, as Russia tightens its borders to incoming trucks of foreign goods. This probably isn’t exactly helping the country’s financial crisis.
Following the bombing of Pearl Harbor, Japan’s Admiral Isoruku Yamamoto was famously quoted with the line that the attack had “awoken a sleeping giant.” Though one would hardly qualify Russia’s invasion and occupation of Ge...
Here’s a bit of a slam from the FT Lex column. More economic analysis coming later today. Russia likes to think anything the west can do these days, it can do better. Apparently that goes for financial crises, too. Russia’s two stock exchang...
Due to oil price drops over the last two months, the world’s total energy costs have fallen by more than $4 billion a day. The Lehman Brothers collapse has helped further the drop. On the European Union’s push to stimulate investment in rene...
MICEX traders have resumed transactions following an hour-long suspension and a day of record losses. The government may resort to tax cuts – its $20 billion cash injection has not eased lending rates. The current problems may derail Russia’...
TODAY: Ukraine’s government collapses, Yushchenko accuses Russia of stirring tensions; Asian displeasure shows in Georgia loan; Russia in Venezuela again; arms exports, contemporary art. Following disagreements over how to address Russia in the wa...
Der Spiegel has an interesting article on Turkey’s precarious position as a critical energy transit country now that Georgia has been virtually knocked off the map (in terms of investment). It seems that ultra-nationalist Vladimir Zhirinovsk...
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