Year: 2008

September 16, 2008

A Shortage of Humanitarian Sympathy

An article from the St. Petersburg Times reports that the number of prisoners granted pardons and paroles has sharply dropped off under Vladimir Putin, yet fails to identify exactly which experts have voiced doubts about Mikhail Khodorkovsky’...
September 16, 2008

Echo Moskvy: Pressure Valve or Reality Check?

From David Remnick’s long, very long, article in the new New Yorker about Echo Moskvy and editor in chief Alexei Venediktov, we get an inside look into Russia’s most interesting and unique media outlet, which some have described as the...
September 16, 2008

Learned Helplessness of Russia’s Foreign Investors

Isn’t it amazing that no matter how many cases we see of political interference in the Russian economy, that nobody seems to learn their lesson? We’re disinclined to agree with Kliment in his view that the money will come running back ...
September 16, 2008

The Vodka Pipeline to Estonia

The AFP is reporting today that eleven people have been arrested in a criminal operation to smuggle vodka via an underwater pipeline from Russia to Estonia. Though certainly a lucrative black market trade, it doesn’t look like they were send...
September 16, 2008

China Sends Money to Georgia

A while back we wrote about the colossal diplomatic blunder Moscow was making when they thought that the Shanghai Cooperation Organization would be the ideal venue for them to drum up support for separatism and annexation in the Caucasus (having i...
September 16, 2008

Russia’s Financial Armageddon

This is really no laughing matter now. When I woke up today, the RTS and the MICEX were down by more than 10%. When I check back a little later, the markets have halted trading after indexes crashed down to 17%. Steven Dashevsky of Unicredit nails...
September 16, 2008

Energy Blast – Sept 16, 2008

The price of crude oil has fallen to a seven month low. A new report by the International Atomic Energy Agency says that Iran has substantially improved its nuclear enrichment facilities whilst continuing to stall a UN investigation. France’...
September 16, 2008

Today in Russian Business – Sept 16, 2008

Lehman Brothers’ filing for bankruptcy has affected Russian markets, but President Dmitry Medvedev has insisted that Russia is not in crisis and announced that the government will provide liquidity to the banking sector. The markets, however, aren...
September 16, 2008

RA’s Daily Russia News Blast – Sept 16, 2008

TODAY: Nato demands that Russian troops leave Georgia; Russia building embassies, demanding observers in breakaway states; WTO membership no longer under question; Sevastopol navy base under scrutiny; Aeroflot to rebuild image. Nato is demanding t...