Month: June 2009

June 18, 2009

Today in Russian Business – June 18, 2009

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...
June 18, 2009

RA’s Daily Russian News Blast – June 18, 2009

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...
June 18, 2009

Kazakh Central Bank Committed to Dollars

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....
June 17, 2009

Political Uncertainty Hurting Russian Business

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...
June 17, 2009

Russia Unprepared for Gambling Ban

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...
June 17, 2009

Russian Dissident’s House Attacked

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...
June 17, 2009

Calling in the Bluffs on Missiles

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 ...
June 17, 2009

Energy Blast – June 17, 2009

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...
June 17, 2009

Today in Russian Business – June 17, 2009

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 ...