Naftogaz Ukrainy apparently intends to pay the interest due on its debts, to avoid default on its eurobonds which mature today. ‘With its debt considered quasi-sovereign, a default by Naftogaz would be a first for a sovereign company i...
According to Bloomberg, Russia intends to pay off the last of its Soviet-era $1.2 billion debt this year to ease the fears of potential investors. Ria-Novosti reports that the World Bank has suggested that Russia’s GDP will reach pre-c...
TODAY: EU Russia-Georgia report out! Tilted towards blame on Georgia; Russia claims vindication on who started it issue; denies report’s accusations of Moscow violating international laws; PR machines crank up on both sides. PACE to vo...
Unless you have been living under a rock, everybody knows all about the very big deal being made out of this very big European Union report headed up by Swiss diplomat Heidi Taglivini (she must have drawn a very short straw for this job) looking i...
Gazprom will cut output in 2009 by 13.8%, the lowest in history, due to dwindling consumer demand domestically and in the former USSR. The company has apparently said it is considering adding a third partner to the South Stream pipeline.&nbs...
In advance of a meeting with the heads of some of the world’s largest sovereign wealth funds, Putin has defended Russia’s crisis management, reiterated a commitment to ‘a liberal market economy‘ and emphasized that when the...
TODAY: Georgia-Russia tensions simmer in advance of EU report; Council of Europe hullabaloo. Russia edgy on Washington’s new defense scheme; Obama forward looking; Kremlin does not feel Iran missiles justify sanctions. Jour...
Nicholas Gvosdev, known for leading the realist view on Russia, has an interesting post listing some “game changers” which could tilt the calculus to achieve effective international consensus on Iran. Though sometimes in the past...
U.S. policy towards Hugo Chávez’s increasingly ugly antics in Venezuela has been one of failed reverse psychology – that the less attention is paid to him, the less reason he would have for misbehavior. This consideration of Cháv...
Bloomberg reports that oil has been trading around $66 a barrel, as spare capacity has staved off fears of supply disruption due to political disputes between Iran and the US. Apparently German firm RWE has not renounced its plans to partici...
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