LUKoil has announced its withdrawal from an oil project in Iran because of US sanctions against Tehran, although apparently the company hopes to return eventually. LUKoil envisages spending as much as $8.5 billion a year on re-enforcing dome...
The World Bank has suggested that Russia’s economy will enjoy a more robust recovery than previously predicted, up to 5.5% from 3.2%, with higher wages and pensions encouraging a surge in spending. Unemployment will reportedly remain h...
TODAY: Reports says START deal made, Prague to host signing ceremony; Russian aircraft frequent visitors to British airspace. PACE monitors lambasts Kremlin approach to freedom of assembly; Putin-loyal parties in dispute. UR toning down amne...
President Medvedev is in Khanty-Mansiysk today to focus on issues of energy consumption and to launch a new line of gas turbine power stations. OGK-3 is planning to sell various assets, including a stake in the Kovytka gas field, in response...
Prime Minister Vladimir Putin has unveiled new plans to support small business owners, more than doubling current federal budget spending on the sector. Billionaire Viktor Vekselberg has been appointed chairman of a new coordination council ...
TODAY: Human rights activists call for European protection, blame corruption as a setback to Russia’s development; death penalty to stay; Putin meets Chinese premier; Luzhkov’s deputy investigated for corruption; police officers disapp...
This interesting piece over at Foreign Policy argues that Barack Obama is making the same mistake as George Bush by investing in a supposedly preferential personal relationship with the president of Russia, and that the decision will come back to ...
Well this one is entertaining but not surprising. RFE/RL picks up on a a controversial argument from a blogger generating a buzz in Russia which proposes that the only way forward out of the crisis of poor governance in Russia is… well...
The Financial Times reports upon Ukraine’s hopes that Russia will lower natural gas prices in exchange for certain management rights over the pipeline used to export gas. Naftogaz Ukrainy will pay for Russian gas supplies with its own ...
Some years ago, the words IPO and Russia took on the dynamic of water against oil, as numerous Russian firms, often with the Kremlin’s guiding hand, failed to meet basic accounting standards in order to raise funds on key global markets such...
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