Deputy Finance Minister Sergei Shatalov says there will be no tax raises on individual incomes during the crisis, but the government plans to introduce an increase on gas extraction tax for businesses. The Moscow Times looks the construction...
TODAY: Wide-ranging talks with China conclude; opinion argues Russia the weak link in BRIC; milk war with Belarus over, but gas battle to begin?; NGO law reforms presented; extradition of Chichvarkin demanded The ‘friendly, constructiv...
Some key stats that Bloomberg uncovers in what must be the 800th article in the past 48 hours with the word “BRIC” in it: Dollar bonds sold by China earned 11.4 percent in the past year, more than double the 4.6 percent for debt in yua...
While Russian government officials parse the ins and outs of dollar diplomacy, Kazakh Central Bank Governor Grigory Marchenko said in no uncertain terms in London today that Kazakhstan is a ready buyer of dollars for at least the rest of the year....
Not that I needed to add one more article to the growing pile of opinions separating Russia from Brazil, China, and India, but the logic in this one was a little hard to follow: “It was incredibly surprising to us how quickly people had aban...
There was talk last year, during the initial heat of the financial crisis, that Russia’s four Las Vegas-style gambling zones would not go ahead, due to concerns over how they were going to be funded. Despite attempts by the Ministry of...
Andrei Nekrasov is a Russian documentary filmmaker whose work has often taken a sharply critical approach to the current government in Russia (including a Cannes-award winning doc on the Litvinenko case). He’s been published several ti...
It’s an interesting move for the Obama administration to propose the involvement of Russia in an alternative anti-ballistic missile shield effort, just two and a half weeks before the state visit to Moscow. On the one hand, Washington ...
Gazprom has announced it will delay the launch of the Bovanenkovo field on Siberia’s Yamal peninsula until the third quarter of 2012. Ukraine is looking for $4 billion in credit from Europe to buy Russian gas for its subterranean stora...
Apparently the BRIC nations did not make any comments on the dollar in their draft communique, but they may consider buying each other’s bonds and swapping currencies to decrease their dependence on it. China has offered a $10 billion ...
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