Archive

March 27, 2009

It’s “Summer Time” in Russia

It’s nice to know the State Duma of the Russian Federation doesn’t have anything more important on its agenda… To be honest, when we read this report on the «Regnum.ru» information agency website,  we first thought it was so...
March 27, 2009

What Obama Should Do About Russia

Washington DC think tank Heritage Foundation has released a new report today containing “realistic policy proposals” for the administration of Barack Obama to address relations with Russia and strategy in Eurasia.  The report is e...
March 27, 2009

Friendless Russia

Paul Goble points to an interesting comment by Vladimir Nadein points out in today’s Yezhednevny zhurnal. “Even Hitler,” even when it was obvious that he was losing the war “retained allies up to the end of 1944. But Putin,...
March 27, 2009

“Hundreds” of Small Banks Will Fail in Russia

Pyotr Aven of Alfa Bank has given a pretty grim interview to the Financial Times, in which he predicts that overdue loans could hit some 15-20% of credit portfolios.  The interview shows some signs of desperation over at Alfa, who is seeking ...
March 27, 2009

U.S. is the New Russia

Economically speaking, according to some visions of the crisis…  From Desmond Lachman in the Washington Post. Back in the spring of 1998, when Boris Yeltsin was still at Russia’s helm, I led a group of global investors to Moscow t...
March 27, 2009

Energy Blast – March 27, 2009

RusAl is telling workers at its Bogoslovsky Aluminum Plant in Krasnoturyinsk that they must accept salary cuts of up to 30% if they do not want the plant to close.  ‘The town will all die if they close the plant, but we will be forced t...
March 27, 2009

Today in Russian Business – March 27, 2009

Economic Development Minister Elvira Nabiullina, under investigation for mismanaging state funds intended for high-tech startups, insists that diversification into technology will help Russia to emerge from the economic downturn.  Russia̵...
March 27, 2009

RA’s Daily Russia News Blast – March 27, 2009

TODAY: United Russia anti-crisis meeting; Britain and Russia ‘in harmony’ ahead of G20; Merkel calls for Russia-NATO cooperation, US emphasizes NATO’s importance; more candidates for Sochi elections; Britain unhappy with Russia&#...
March 26, 2009

Changing the Tone

The Financial Times has an editorial on next Wednesday’s first meeting between Barack Obama and Dmitry Medvedev. The two sides are now accelerating talks on a new strategic arms reduction treaty to replace Start 1 before it expires in Decemb...
March 26, 2009

Russia Feeling Left Out in EU-Ukraine Energy Talks

On the face of it, Russia should be happy with the news that the EU and Ukraine have agreed a deal to modernize Ukraine’s aging gas pipeline infrastructure. The Russians themselves have complained for years that Ukraine has allowed the syste...