Archive

October 5, 2008

A Scapegoat for Domestic Use

From Mike Sigov at the Toledo Blade: Russia’s figurehead president, Dmitry Medvedev, blamed the United States for “setting Russia up.” The absurdity of this accusation brings to mind Mark Twain’s The Adventures of Tom Sawye...
October 4, 2008

Deripaska Abandons Magna Stake

Back in August, 2007, we were doing quite a lot of blogging about the shareholding arrangement between the large Canadian auto parts manufacturer and Oleg Deripaska’s Russian Machines – a business arrangement which generated a lot of s...
October 3, 2008

Russia’s Blame Game on the Financial Crisis

This is from Dmitry Medvedev’s joint press conference with Angela Merkel following the Petersburger Dialog: One of the complicated issues we discussed was the financial crisis. We have realised once again that the current global financial se...
October 3, 2008

Sechin to Get a New Gig?

Or perhaps I should say Igor Sechin has just added another job to his long list of government portfolios and extremely profitable business perks. Today it was announced that the silovik grand wizard has been nominated to the board of electricity t...
October 3, 2008

A Weakened Ukraine Negotiates with Moscow

There are reports in the Financial Times and Wall Street Journal about the Ukraine’s discussions with Russia on energy supply deals being hampered because of the country’s defense of Georgia’s sovereignty following the invasion i...
October 3, 2008

Energy Blast – Oct 3, 2008

TNK-BP’s Russian managers have withdrawn a lawsuit against chief executive Robert Dudley that accused him of violating labor rights. Germany’s E.On agreed to swap part of its stake in Gazprom for an interest in Russia’s Yuzhno-Russkoye gas f...
October 3, 2008

Today in Russian Business – Oct 3, 2008

Iron ore producer Metalloinvest announced that it will not hold an IPO this year, amidst news that Russia’s IPO record this year has been the worst since 2004. On Russia ‘lecturing’ the US about the financial crisis, and the perceived end of US he...
October 3, 2008

RA’s Daily Russia News Blast – Oct 3, 2008

TODAY: Russia and Ukraine agree on gradual rise in energy prices, disagree over Georgian arms; Czech government suspicious of Russian intelligence; will troops withdraw from Georgia? Union of Right Forces disbands, Kremlin pressure suspected; Poli...
October 2, 2008

Russia Exports Legal Nihilism to Italy

Or: How Gazprom’s call option on Eni’s stake in Gazprom Neft proves Yukos asset laundering – and I can’t believe I am the only one paying attention to it Just for rhetorical purposes, let’s imagine way back to that ti...