France’s Total and Russian independent gas producer Novatek have concluded a $900 million project to develop a Siberian gas field. ‘The cooperation can expand even further‘, says Vladimir Putin. Gazprom has defended its per...
A report has found that Russia’s number of wealthy people fell by 28.5% last year, which is nearly twice as much as the average level across the globe. The World Bank and the OECD have stated that Russia’s economy would shrink by...
TODAY: Conflicting voices on air base deal; US hits back at Shuvalov’s comments on WTO accession; fears of new Russian incursion prevalent in Georgia; Putin goes to supermarket; priests find new role in crisis; Communists present Stalin as e...
In its current issue, Global Finance Magazine lists what it calls the “Stars of the New Russia” across a variety of business sectors. A lot of the preamble will probably not come as a shocker to those watching Russia on a continuous ba...
Please believe me that I’m not just making this one up. According to a report in Die Welt am Sonntag, Germany’s counter-intelligence agency has its hands full dealing with an influx of SVR agents from Russia targeting the energy ...
It is difficult to capture the drama from a trial on film, as things can move forward so slowly and arduously, that even the most wonky observers can sometimes have their patience tested, especially in a trial that doesn’t even make sense fr...
Jason Bush has a devastating piece published in BusinessWeek about the Council of Europe report on Russia’s rule of law vacuum. Prosecutors accuse the ex-Yukos managers of embezzling 350 million metric tons of oil, equivalent to Yukos’...
AFP is reporting that the Kremlin is feeling pretty angry about getting scammed out of $2 billion to have have Kyrgyzstan close the Manas airbase to U.S. access. “The news about the preservation of the base was an extremely unpleasant surpri...
Deputy Energy Minister Sergei Kudryashov has lamented Gazprom’s slow sales during the period of high gas prices as a mark of ‘incompetence’. Gazprom expects export sales to fall to $40 billion in 2009. A Natural Resou...
Ikea has officially suspended all developments in Russia until ‘key issues’ have been dealt with. Bloomberg reports that Russia intends to combine its seven regional phone companies and create a new national mobile-phone operator...
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