Whenever we have a discussion about the Russian Central Bank’s defense of the ruble, it’s hard not to talk about the political backlash that could come along with the inflation, something we have already begun to see with the public di...
That seems to be the message from Moscow today, with the announcement of a vaguely-worded joint missile missile defense alliance with Belarus, consisting of five air force units and 10 air-defense missile units, which officials say will be focused...
Given the deeply confusing irony thrown out there in the wake of Davos, when former U.S. President Bill Clinton made sarcastic remarks over Vladimir Putin’s warnings on state intervention and his defense of free enterprise, what are we to ma...
According to Chakib Khelil, the Algerian oil minister, OPEC could impose another production cut at a meeting on March 15 if present output cuts don’t result in higher oil prices. Khelil said that OPEC could not develop new oilfields un...
A 1.2 trillion roubles ($33 billion) cash injection into the country’s major banks, currently under discussion in the Kremlin, could leave it with stakes in some of them of up to 30%. Prime Minister Vladimir Putin adopted his didactic ...
TODAY: Kyrgyz President announces intention to close US air base, although still in talks with US; closure could hinder Obama’s foreign policy aims with Russia; Belarus signs air defense pact with Russia; EU commissioners to meet in Moscow o...
The gas war: real peace or just a cease-fire? By Boris Sokolov The Russian-Ukrainian gas war appears to be over. Agreements have been signed about the procurement by Ukraine of Russian gas and about its transit to Europe through Ukrainian territor...
The reactions to the Davos hostilities are still rolling in. Compared to ideologies and values, we still don’t think that the simple sharing of mutual enemies is a cohesive force in global relations. From John Thornhill at the Fi...
Forget our sense of the economic doldrums, the crashing and burning ruble, or even the relatively low level of trust in doing business with Russia following a military war, a gas war, and a war of words at Davos. Things are looking peachy, a...
Here’s an interesting exchange from the circus at Davos from Anna Ershova, who points out that something got lost in translation (my gratitude to Veronica Khokhlova for the link): Dell asks the very obviously annoyed Putin: “How can we...
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