Month: February 2010

February 25, 2010

Gazprom Concedes to Spot Market Pricing

Writing on the WSJ blog The Source, James Herron notes that Gazprom gave its first major sign that it is reeling on its back heels to preserve market share as it has “cracked open some of its sacred texts” of natural gas pricing as lin...
February 25, 2010

Yanukovych and the European Union, BFF?

So today Viktor Yanukovych was sworn in as the fourth president of Ukraine, after having won a low-turn out but free and fair presidential election, just six years after having attempted electoral fraud to gain the nation’s highest office.&n...
February 25, 2010

Energy Blast – Feb 25, 2010

Foreign Minister Sergei Lavrov says there is no hard proof that Iran is working on nuclear weapons, while Dmitry Medvedev has called for Tehran to behave responsibly – ‘We believe that Iran should adapt its nuclear programs to meet the...
February 25, 2010

Today in Russian Business – Feb 25, 2010

According to new figures from KPMG, mergers and acquisitions activity in Russia dropped by 62% in 2009, with $46.1 billion in deals, compared with $122.4 billion for the previous year.  Oil and gas, and communications and media, were the best...
February 25, 2010

RA’s Daily Russian News Blast – Feb 25, 2010

TODAY: Visa-free travel with Europe on the agenda; Medvedev and Putin have ‘same blood’; Akhipov to seek medical care abroad; uproar over United Russia consultant who has thus far escaped charges for killing a pedestrian with her car; ...
February 24, 2010

Why Are Russian Stocks So Cheap?

It’s understandable … every now and again we are likely to hear somebody get bullish on the Russian market again, especially when it is one of the cheapest in the world at current prices.  So why have prices stayed so low, and why...
February 24, 2010

Nord Stream as a “Wasteful White Elephant”

Anders Åslund has a good article published in the Moscow Times on Gazprom and the energy curse. In sum, Gazprom may have far too much gas in the medium term because of likely energy savings both at home and abroad, whereas the prices that Russian ...
February 24, 2010

The Poisoning of Evgeny Arkhipov

Over the past couple days we have been receiving several notices from the Association of Russian Human Rights Lawyers regarding the Feb. 15th hospitalization of Evgeny Arkhipov due to a suspected deliberate poisoning.  Arkhipov is a familiar ...
February 24, 2010

Energy Blast – Feb 24, 2010

Vladimir Putin has threatened the heads of four energy companies with fines, and said they would not be able to sell power at market prices if they continued to underinvest in Russia’s energy sector, noting that foreign power companies were ...