Two journalists and about twelve activists were detained while camping at Moscow’s Khimki forest to protest plans to raze the area to make room for a highway. RFE/RL, one of whose reporters was amog those detained, has a report with eyewitne...
In a nod to the overall atmosphere of good will kindled by the US administration’s reset policy, Russia announced today it was willing to work together with NATO again. This comes after a two-year hiatus, following Russia’s invasion of...
VTB estimates that it lost $160 million in a bid to lease 12 oil-drilling rigs in 2007, due to the $5 million pricetag added on by a middleman. A tropical storm approaching the Gulf of Mexico is driving BP relief efforts out of the area. &nb...
The current drought is destroying harvests (current losses estimated at 10 million hectares) and hampering grain export agreements, according to the SovEcon research center, in anticipation that the government could impose export caps. But t...
TODAY: Medvedev says heads will roll in the Caucasus if terrorist attacks are not contained; US apologizes to Russia over pilot dispute; Khimki protesters detained; Natalya Estemirova; recent bill to curb protesters ‘could have been worse...
Quite predictably, Russia was not happy about Thursday’s ICJ ruling that Kosovo’s 2008 declaration of independence is legal. Reuters reports: “Our position on the non-recognition of Kosovo’s independence remains uncha...
Good Question. This very useful Q&A put together by Reuters helps place Russia’s recent offer of cooperation with Iran in the energy industry into a larger context: Russia took steps to soothe Tehran last week when Oil Minister Massoud M...
Writing in the Moscow Times today Yevgeny Bazhanov offers a succinct historical overview of the shifting alliances between Russia, China and the US. He concludes that, just as the attempted China-US alliance against Russia fizzled in the 1980s, so...
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...
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...
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