Archive

March 18, 2009

Power Sharing in Practice at TNK-BP

These two appointments show some progress in one of Russia’s most disastrous corporate governance problems, but the lack of normal legal recourse is notable in how these two parties settle their disputes.  From the Financial Times: The ...
March 18, 2009

Nemtsov for Mayor of Sochi

Quite the hullabaloo surrounding the registration for mayoral candidates for the city of Sochi, which will be hosting the 2014 Winter Olympic Games.  If opposition leader Boris Nemtsov can’t win, then Alexander Lebedev is probably the s...
March 18, 2009

Venezuela Juggles Russian Bombers

Will he or won’t he? Grigory Pasko sent us this Kommersant article (which we have duly exclusively translated below) about the latest twist in a flurry of flip-flopping these past few days as to whether or not Venezuela really has offered to...
March 18, 2009

Amid Economic Crisis, Deepening Legal Nihilism

As many readers are well aware, yesterday Judge Viktor Danilkin of the Khamovniki District Court in Moscow concluded pre-trial hearings against the political prisoner Mikhail Khodorkovsky by rejecting all appeal motions brought by the defense to s...
March 18, 2009

A Counterweight to Fair Elections

Economy begins to crumble.  Population becomes dissatisfied with leadership in light of crumbling economy.  Independent candidates win regional mayoral elections, reflecting shift of public opinion against leadership.  Leadership ch...
March 18, 2009

The Not-So-Russian Venture Company

The Russian Venture Company, initially created to finance technology startups and to spur investment and innovation within Russia, stands accused of using its funds instead for overseas investment.  The Prosecutor General’s Office estim...
March 18, 2009

Energy Blast – March 18th, 2009

‘An optimistic assessment of the Nabucco project would be that it is in deep trouble.’  A consortium of Russian companies is to join with Petroleos de Venezuela to create a joint venture to work on oil projects ‘not only in ...
March 18, 2009

Today in Russian Business – March 18th, 2009

Is the government looking to raise import tariffs to lessen the influx of foreign goods?  GE Capital is suffering from bad loans in Russia.  Russia’s 30 largest banks reportedly doubled their collective profit in January by specula...