Month: July 2010

July 22, 2010

Energy Blast – July 22, 2010

The Finance Ministry is apparently considering not just the initial 61% tax on gas and oil extraction, but further rises in subsequent years, estimating 6-8% earnings drops for major integrated companies like Gazprom Neft or LUKoil.  The Ener...
July 22, 2010

Today in Russian Business – July 22, 2010

Two bond auctions yesterday raised $1 billion less than hoped for, as investors called for basis points much higher than those offered and the finance ministry canceled the sale. ‘Russia doesn’t need money at any cost.‘  Rus...
July 22, 2010

RA’s Daily Russian News Blast – July 22, 2010

TODAY: Hydropower attackers named; same-sex couples to be denied Russian adoptions; blue bucket protesters detained in Moscow; Moldova wants Russia out; Foreign Ministry accuses US of ‘kidnapping’; Medvedev in Finland; Siberian woman s...
July 21, 2010

A Shift to Economic Terror Targets?

Today’s bomb attack on a power plant in the North Caucasus, which left two dead and put the plant out of service for weeks, might signal Russian extremists’ shift toward economic targets in the region, experts say in a Reuters report p...
July 21, 2010

Russia Reset Diverting Attention from Ukraine

Arguing along similar lines as Katinka Barysch’s piece yesterday, analysts quoted in Judy Dempsey’s New York Times article today call for a single strong policy toward Ukraine, which seems to be moving back into Russia’s sphere o...
July 21, 2010

Energy Blast – July 21, 2010

The Kremlin needs $50 billion every year for road construction, and the Duma is apparently considering levying a new excise tax on gasoline to fund this project.  Kazakhstan currently plans to implement a $20 per ton tax on oil leaving its te...
July 21, 2010

Today in Russian Business – July 21, 2010

According to Economic Development Minister Elvira Nabiullina, the number of unplanned inspections of small businesses has dropped by roughly a third, thanks to new cuts on regulations.  The Finance Ministry wants to cut federal government sta...
July 21, 2010

RA’s Daily Russian News Blast – July 21, 2010

TODAY: New UNICEF report on HIV and Russian children; militants attack hydropower plant in North Caucasus; boost for Strategy 31; FSB says employee salaries are state secrets; drought and heatwave continue; arms exports to reach a post-Soviet reco...
July 21, 2010

EU Should Pay More Attention to Former Soviet States

In her latest piece, Katinka Barysch of the Centre for European Reform, whose articles on Russia’s energy politics we’ve blogged about on many occasions in the past, examines Russia’s role in the former Soviet region. Here’...