Brian Whitmore has a good post up over at The Power Vertical: The political structure Putin built over the past decade was based on a vast system of patronage that, thanks to high oil and gas prices, allowed the Kremlin to purchase the loyalty of ...
The gas war appears to be doing for Vladimir Putin what the invasion of Iraq did for George W. Bush – a boon of popularity during a difficult time. Unfortunately, the longer term outlook of freezing Ukraine, Bulgaria, and the rest of E...
Europe’s energy crisis has started to hit UK gas prices. Gazprom and Italy’s ENI have agreed to step up work on the South Stream pipeline project. A 60-member delegation of US firms is lobbying in India this week for a shar...
It looks increasingly likely that Alexander Lebedev’s bid to buy London’s Evening Standard newspaper will go ahead – meanwhile the British press has turned its attention to his son, Evgeny. Russia’s central bank has d...
TODAY: Following suggestion from Putin, Eni tries to form consortium to get gas pipelines working again; gas summit to meet tomorrow in Moscow; Putin in Germany, Poland siding with Ukraine. Gas row boosting public support for Putin at home; ...
Diarmid O’Sullivan and Tom Mayne of Global Witness have a new opinion article in the Financial Times on the gas crisis – they frame the argument for transparency quite well: So what can be done? The EU has attributes that, wielded inte...
Today’s news that TNK-BP has appointed the former chancellor of Germany, Gerhard Schröder, to its board of directors is a striking illustration of just how far away Russia has fallen from the most basic standards of a functioning market.&nbs...
One wonders whether it could really be worth it for the Kremlin to keep up this gas war, no matter how upset they are with the endlessly frustrating Ukrainians. For as much economic and political damage as they are imposing on their NATO-lov...
Alexander Lebedev is getting a lot of positive press lately after having made a bid for the London newspaper The Evening Standard. Luke Harding of the Guardian describes him as an “oligarch we could learn to love,” despite the fa...
Opposition protests led by students in Bulgaria’s capital, Sofia, quickly spiraled out of control and into violence yesterday – sparked by the gas shortages cause by the Russia-Ukraine dispute, but also focused on corruption of the rul...
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