Archive

December 16, 2008

Fragmented and Apathetic

As if right on cue to accompany the news that Russia’s industrial output has slumped by more than 10% for the month of November – far exceeding even the worst expectations – the Financial Times is running a piece which asks how l...
December 16, 2008

Happy Holidays from OPEC

So far there’s been no shortage of smiles.  As OPEC members prepare for the big meeting tomorrow in Algeria, all eyes are suddenly looking toward the Russians in an attempt to gauge how much production they will agree to cut or what deg...
December 16, 2008

The TNK-BP Autopsy

Today the Wall Street Journal is running an extensive autopsy of BP’s herculean effort to become the first foreign company to be a player in Russian oil through their joint venture in TNK-BP – a story of vast misunderstandings, mistake...
December 16, 2008

Bolshevist Heists and Methods of Expropriation

From a book review of History’s Greatest Heist: The Looting of Russia by the Bolsheviks by Sean McMeekin. ‘The knell of private property sounds’, wrote Karl Marx. ‘The expropriators are being expropriated.’ Nothing co...
December 16, 2008

The Silence of the Sheep

In a particularly gruesome and shocking act, pranksters allegedly from the Young Guard (the Nashi-like youth group linked to United Russia) sent a strong message this weekend by dumping 20 or so dead and dying sheep wearing Solidarity t-shirts rig...
December 16, 2008

Energy Blast – Dec 16th, 2008

According to the president of Lukoil, OPEC wants Russia to cut its crude output by at least 200,000 barrels per day, and slowing demand from China is adding pressure to the need for a coordinated production drop.  The price of oil is currentl...
December 16, 2008

Today in Russian Business – Dec 16th, 2008

Workers at Magnitogorsk Iron & Steel Works are apparently being pressured into resigning from their jobs, in some cases saving the company from having to pay severance packages.  MICEX has suspended three brokerages from trading for faili...
December 16, 2008

RA’s Daily Russia News Blast – Dec 16th, 2008

TODAY: Duma to extend definition of treason; grassroots protests succeed on car duty; analyst predicts 2009 will see Putin return to the Kremlin; ultra-nationalists, military reforms, Iran.The State Duma is in the process of widening the definitio...
December 15, 2008

Dismantling the Constitution

Below we’ve got another exclusive translation from RBK Daily, which our regular readers understand is almost amusingly pro-government news source from Russia which at times can help glean insights into Kremlin thinking.  According to th...
December 15, 2008

Grigory Pasko: Russia’s New Dark Political Humor

Recently, my German acquaintance phoned and asked how people in Russia are weathering the crisis. I replied: they tell each other jokes. He, apparently, did not understand. I will explain in this article. Inasmuch as there aren’t so many own...