Archive

April 17, 2009

Bye Bye Billionaires

From Reuters: Russia’s economic slowdown has shredded the net worth of its richest people by more than 70 percent in the last year and slashed membership of its billionaires club by two thirds. (…) “The crisis has affected everyo...
April 17, 2009

Energy Blast – April 17, 2009

Russia’s greenhouse gas output has reached its highest level since the 1990s.  Prime Minister Putin has taken a conciliatory tone in the Turkmenistan dispute, encouraging energy specialists ‘to maintain close contacts … with...
April 17, 2009

Today in Russian Business – April 17, 2009

Cyprus, one of Russia’s biggest trading partners, will be removed from the Russian tax ‘blacklist‘, eliminating double taxation on assets.  For the second week running Russia’s international reserves have fallen by $1....
April 17, 2009

RA’s Daily Russian News Blast – April 17, 2009

TODAY: Russia lifts special security regime in Chechnya; Kremlin and NATO clash on Georgia exercises; former PM warns of social unrest; Medvedev in favor of political competition? The Kremlin has ceased its decade-long counter-terrorism operations...
April 16, 2009

Prosecutors Finish Reading Charges in Khodorkovsky Trial

Day after day and hour after hour of the laborious reading aloud of the prosecution’s tome of absurd charges levied against Mikhail Khodorkovsky in this second trial, the state prosecutors today completed the initial reading.  Court has...
April 16, 2009

Hugo Chavez and the Taming of the Coup

Robert Amsterdam has a new article published in Foreign Policy about Venezuelan President Hugo Chavez’s recent aggressive crackdown on the opposition and the debated events of April 2002. On April 11, 2002, a loose group of labor and busines...
April 16, 2009

Video: Tony Halpin on Russia Today

Russia Today, as we have written many times in the past, is a state-owned propaganda media outlet.  That said, Tony Halpin of the Times of London is a talented and straightforward journalist.  What happens when you mix the two, to discus...
April 16, 2009

Alfa Sees Bad Loans, Consolidation

Alfa Bank is having a rough Thursday. CEO Rushan Khvesyuk gave a press conference in which he announced that the bank expects no profits for 2009: “We will channel a maximum of our profits to create provisions … We are urging everyone ...
April 16, 2009

Revolutions in Stasis

This one comes from Boris Kagarlitsky in the Moscow Times: Recent political struggles in Eastern Europe remind me of the excellent novel by O. Henry “Cabbages and Kings.” In this work, regimes change and governments are overthrown (or ...
April 16, 2009

Leaving Chechnya, Entering Dagestan?

There’s lots of media coverage out there of President Medvedev’s order to withdraw troops from Chechnya … but where will they go?  These were the last two paragraphs tucked away at the bottom of a Wall Street Journal article...