Category: Russia
The analysis published under this category are as follows.Friday, June 26, 2009
Russia Targets African Resources While U.S. is Busy with Wars / Commodities / Russia
Russia’s Dmitry Medvedev started his visit to Africa on June 24. Medvedev will travel to Nigeria, Namibia and Angola. Moscow is ready to help the African countries in the development of their natural resources – oil, gas and uranium - despite the economic crisis.Read full article... Read full article...
Wednesday, June 24, 2009
IKEA fed up with Russia's Bureaucracy / Companies / Russia
Sweden’s Ikea intends to freeze new investment projects in Russia over bureaucratic problems. The problems with the opening of the huge Mega Mall in the city of Samara became the last straw: the company has not been able to open the complex for two years already, The Vedomosti newspaper wrote.Read full article... Read full article...
Friday, June 05, 2009
Russian Ruble to be made from Palladium / Currencies / Russia
Boris Gryzlov, the speaker of the Russian Parliament, the State Duma, said that the participants of the Economic Forum in St. Petersburg would discuss a possibility of making ruble coins from precious metals.
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Friday, May 22, 2009
Extortionate Mortgage Interest Rates for Russian Home Buyers / Housing-Market / Russia
In April mortgage loan rates in Russia finally stopped rising. Actually it is difficult to imagine the rates to be higher than they are now. Even Russian president Dmitry Medvedev said that no one would take out a mortgage when the rate is higher than 20 percent.
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Thursday, May 14, 2009
Russia Cuts Interest Rates to 12%, 2nd Cut for May / Interest-Rates / Russia
Russia's Central Bank cut key interest rates by half a percentage point to 12 percent to help the ailing economy and borrowers amid signs that inflation is slowing.Read full article... Read full article...
Thursday, April 30, 2009
Russian Restaurants Switch to Financial Crisis Menus / Politics / Russia
Many Russian companies have lost their profits as a result of the crisis. Those who are lucky to be employed do not go out for lunch every day anymore. Many people bring their food from home in lunch boxes. It goes without saying that restaurateurs suffer huge losses from this phenomenon. They have to cut their costs - the reduction of rent rates does not help either. Expensive restaurants suffer from the crisis most, whereas fast food enterprises are happy to report higher income.
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Wednesday, April 29, 2009
Latvia Claims $200 Billion For 84 Year of Russian Occupation / Politics / Russia
Latvia, one of the three Baltic States, a former Soviet republic, found a way out of the financial crisis. The country calculated the damage that the nation suffered from the Soviet occupation after WWII. Forty-eight years of Soviet power supposedly cost the country $200 billion. The amount includes Latvia’s costs for the loss of its independence, the deportation of the population, the ecological damage and even the Afghan war and the Chernobyl nuclear disaster. Latvia intends to collect the amount from Russia with the help of the European Union.
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Wednesday, April 22, 2009
Russian Economy Stagnating, No Growth or Contraction / Economics / Russia
Russia’s Statistics Agency, Rosstat, published the statistics about the general state of affairs in the Russian economy during the first quarter of 2009. The information provides a clear picture of the future recession in the nation’s economy.
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Wednesday, April 15, 2009
Russian Official Unemployment Rate Hits 8.5% / Economics / Russia
The number of officially registered jobless in Russia has reached 2.2 million, President Dmitry Medvedev said at a meeting with experts at the Institute of Modern Development.Read full article... Read full article...
Friday, April 10, 2009
Five Hundred Russian Banks to Go Bust in 2009 / Politics / Russia
Professional bankers expect a quick liquidation of hundreds of banks at the end of forthcoming summer. Most of the banks will be closed due to their small capitals and because of the clients that will not be able to pay off their debts.Read full article... Read full article...
Friday, March 27, 2009
Hundreds of Russian Banks to Go Bust / Politics / Russia
Hundreds of Russian banks could go bankrupt by the end of this year, said Peter Aven, president of Alfa Bank. The main reason for bankruptcy is than the level of bad loans may hit 15-20 percent. Peter Aven hopes that about 20-30 major Russian banks will receive the support from the Russian government.Read full article... Read full article...
Sunday, September 28, 2008
Is the West Manipulating the Russian Stock Market? / Stock-Markets / Russia
We have all seen considerable fluctuations on World Stock Markets before, but the recent fall witnessed on the RTS (Russian Trading System/Stock Market) has a hint of more than just a loss of confidence in the companies and Russia.Since a peak in May of this year, we have seen a drop of 46 percent, creating a loss (on paper) of $700 billion! It seems odd that many of the companies hardest hit appear to be oil companies like: Rosneft, Lukoil and Gazprom.
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Sunday, May 11, 2008
New Russian President, New Investment Opportunities? / Commodities / Russia
New Russian President Dmitry Medvedev wants better links with Europe. Judging by the performance of outgoing President Vladimir Putin , Europe should beware: The so-called "links" he's seeking may resemble those used to chain together prisoners in the Gulag.
On the other hand - though it's admittedly unpleasant to say so - there's a point at which the effects of high oil prices are so great that in the short run they far outweigh one's distaste for the thuggish Russian regime. And at $123 a barrel, we may be at that point.
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Saturday, May 10, 2008
Russia's New Direction Under President Medvedev / Politics / Russia
Which way Russia is going to go now that Medvedev has taken office as the President of the Russian Federation? Would it be Putin's way or a new course friendly to the west? Pundits and the media in the west are engaged in guessing game and heavily involved in the art of misinformation. Russian people are optimistic about their future and are anxious to demonstrate to the international community their capacity of teamwork in global affairs.Nevertheless, they are aware of the conflicts in the World and leadership deficit. This, I have concluded in over a decade of contacts and conversations with the leading educators in the former Soviet Union. This desire for an optimistic future and a more peaceful world has emerged as the dominant theme.Read full article... Read full article...
Tuesday, April 15, 2008
Russian Gold and Texas Tea / Commodities / Russia
What do Texas and Russia have in common?
Is it the vast wide open spaces that are prevalent to both Texas and Russia ? Or is it the references to the "Texas of Russia" for the regions of the former Soviet Union that have shown an independent, “wild west” spirit, just like Texas past? Why even George Bush and Vladimir Putin have been barbequing together in Texas . Is that it?
Sunday, March 02, 2008
New Russian President Elected Medvedev Putin / Politics / Russia
ew Russian President Elected Medvedev Putin
Even before the polls close, there is no doubt that Dmitry Medvedev will be the new President of Russia. The only information that remains outstanding is the margin of his victory.
By all accounts, Dmitry Medvedev´s landslide victory could collect around 70 percent of the votes, but may fall a little short of Putin´s 71.3 percent victory in 2004 (but not by very much!)
Wednesday, February 13, 2008
Russia 's Czar Putin? / Politics / Russia
Russia is a misunderstood country. The majority of Russian people are free thinking and determined to make Russia an open and fair society. Russia will never become a little America; however, Russia can be a key trading partner and ally. Many political observers have been predicting the absolute KGB style seizure of power by Vladimir Putin, particularly when it comes to the presidential elections in 2008 and an anticipated attempt to modify or ignore the Russian constitution and seek a third term.Read full article... Read full article...
Friday, January 04, 2008
Invest in Russia 2008 / Stock-Markets / Russia
I've long favored Russia as a destination for investment, building my case primarily around its energy sector. But I've also highlighted the increase in domestic demand and the infrastructure boom taking place there.
Russia is currently in a sweet spot: It's a net oil exporter, has good GDP growth, isn't dependent on foreign capital flows, is relatively stable politically, boasts reasonable market valuations and, above all, enjoys solid exposure to the biggest growth story of our time, Asia.
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Thursday, December 20, 2007
Putin's Rebuilt Russia Prepares for US Missile Defense Flash point 2008 / Politics / Russia
It's been a lot of hard work, but Russian President Vladimir Putin has finally achieved his goal. He's cleaned up the mess left behind by Yeltsin, put together a strong and thriving economy, and restored Russia to a place of honor among the community of nations. His legacy has already been written. He's the man who rebuilt Russia. The last thing he wants now, is a pointless confrontation with the United States. But how can it be avoided? He understands Washington's long-range plans for Russia and he is taking necessary steps to preempt them. He is familiar with the heavyweights of US foreign policy, like Zbigniew Brzezinski, and has undoubtedly read his master-plan for Central Asia, “The Grand Chessboard”. Brzezinski's recent article in Foreign Affairs, (A publication of the Council on Foreign Relations) “A Geostrategy for Eurasia” summarizes his views on America's future involvement in the region:Read full article... Read full article...
Wednesday, December 05, 2007
Kasparov Cries - Putin is the New Stalin / Politics / Russia
Garry Kasparov should give up politics and do what he does best; stand-up comedy.Watching Kasparov traipse around Moscow with his basket of sour grapes and his entourage of western media-stooges is like watching "Mr. Bean's Excellent Kremlin Adventure"---a particularly lame performance in a dismal B-rated burlesque. It's painful to watch.
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