The Moscow Times reports that Energy Minister Sergei Shmatko has accused Norilsk Nickel and two other private companies of reneging on investments in electricity. Russia’s oil output declined by 1.3% in January-March 2009 in comparison...
The State Duma is considering a bill that would limit executive salaries in companies that receive government aid to $120,000. Russia’s central bank may reduce the refinancing rate over the next few weeks, in a move towards possible fu...
TODAY: Cracks appearing in Kremlin’s anti-crisis consensus; NATO in Georgia a ‘provocation’; Transdniestria seeks Russian loan; Medvedev to relax laws on NGOs? Ministerial opinions seem to be diverging on whether tax cuts should ...
As many readers are probably aware, today the Financial Times published a special pull-out section on Russia with about a dozen articles ranging over a wide variety of topics. Overall, the material is well balanced and informative, but not c...
Yulia Latynina addresses the recent news of a “review” being initiated by Igor Sechin over Norilsk Nickel deals, meaning that the government is preparing to use the crisis to “leech off a company’s profits and to seize its ...
It seems that with all the unlikely optimistic expectations for a thaw between Barack Obama and Dmitry Medvedev, we are seeing Mikhail Gorbachev getting thrown into the debate like it was going out of style. It seems that as much as the Amer...
Martin Wolf at the Financial Times wonders if the U.S. is the new Russia. Is the US Russia? The question seems provocative, if not outrageous. Yet the person asking it is Simon Johnson, former chief economist at the International Monetary Fund and...
Prime Minster Putin has extolled the virtues of Germany completing the Nord Stream pipeline in a meeting with former Chancellor Gerhard Schröder. Lukoil’s CEO has said that the company will drill three exploration wells in Africa, and ...
The Moscow Times reports that Finance Minister Alexei Kudrin will contemplate issuing debt abroad for the first time in ten years. Russia may borrow $5 billion next year in the government’s first global bond sale since 1998. Basi...
TODAY: Medvedev interview for Novaya Gazeta; North Korea should return to talks says Foreign Ministry; cluster munitions reportedly used in Georgia; Medvedev concerned about unemployment; transport spending to increase Unlike his predecessor, Pres...
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