Vnesheconombank, or VEB, is the Russian state bank that has, over the past months, acted as the main instrument for implementing the government’s anti-crisis package, approving a massive $9.8 billion in rescue payouts just this week, on top ...
There’s an interesting piece in The Economist this week on the falling price of oil, which warns against cheering the news. Despite the obvious advantages for governments struggling to deal with inflation and relief for the world’...
So NATO has finally found a way to navigate the ‘bureaucratic trench-warfare‘ of negotiations and agreed to resume relations with Russia. But how long will this attempt at civility last? Russian NATO envoy Dmitry Rogozin...
You don’t have to go very far to find an instance of dubious Russian justice. Only recently a senior judge admitted that she had been pressured by the Kremlin. And President Dmitry Medvedev is the first to admit that his country&...
The falling price of oil is worrying because it ‘is a symptom of a sharply worsening world economy‘, says The Economist. A consultant for Brazilian state-controlled oil company Petroleo Brasileiro is speculating that Brazil’...
The State is intervening to help engine maker Saturn survive the financial crisis, with a state buyout of shares and a personal visit from Vladimir Putin, who reportedly offered the company advice on nanotechnology. Moscow’s football f...
TODAY: NATO resumes relations with Russia – US position under scrutiny, Russia triumphant; Ukraine to set up special group to improve Russian relations; Bahrain and Russia to cooperate; Russia refuses to ban cluster bombs; Politkovskaya lawy...
I recently read the latest book about YUKOS and Khodorkovsky. The author – a certain Vladimir Perekrest from «Izvestiya» – not only named it «What Khodorkovsky is sitting for» [“to sit” is the Russian equivalent of the Amer...
In late September, we reported how a school classmate of imprisoned ex-YUKOS lawyer Svetlana Bakhmina had written a letter to president Dmitry Medvedev asking him to show mercy and grant a pardon to her friend, who had recently been denied parole ...
…and they’re not happy about facing an even deeper reliance on Russian energy, but such are the requirements being invited to the European club. The Financial Times reports on the upcoming closure of the Ignalina nuclear power pl...
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