What Do Russians Really Think? The Truth Behind the Polls

Map of Russia and Russian Flag adapted from images at state.gov

(Moscow Times – themoscowtimes.com – Eva Hartog – February 4, 2016) [Charts here http://www.themoscowtimes.com/news/article/what-do-russians-really-think-the-truth-behind-the-polls/558537.html] The champagne corks were already popping for New Year’s Eve celebrations when several thousand Crimeans received an unexpected phone call. The voice on the end of the phone was a pollster from the Russian Public Opinion Research Center (VTsIOM). The pollster had just two questions:”Do you […]

» Read more

Can Russia Be More Miserable? Judging by Oil, the Answer Is Yes

Diverse Paper Currency, Coins, Line Graph

Combining inflation and unemployment, Russia is among the world’s unhappiest economies (Bloomberg – bloomberg.com – Elena Popina – February 4, 2016) [Charts here bloomberg.com/news/articles/2016-02-04/can-russia-be-more-miserable-judging-by-oil-the-answer-is-yes] The sinking price of crude has Russia hostage over a barrel of oil. For an inkling of how unhappy everyday Russians have gotten as Brent crude heads further south, take a look at the Misery Index […]

» Read more

Putin Opens Asset Sales to Foreigners as Budget Gap Widens

Empty Boardroom

(Bloomberg – bloomberg.com – Ilya Arkhipov and Andrey Biryukov – February 2, 2016) President Vladimir Putin will allow foreign investors to bid for stakes in some of Russia’s largest companies as the government prepares its most ambitious asset-sale program in years to close a widening budget gap. “Russia was and remains open for foreign investment and Russia is interested in […]

» Read more

Oil prices could reach $40 a barrel if Russia made deal with OPEC

Oil Well file photo

Analysts say that if Russia reduces its oil production by 5 percent, black gold prices may increase to $40 a barrel and over. However, the Russian government admits that it has no real control over production policy in private companies, though firms may reduce production themselves due to the fall in hydrocarbon prices. (Russia Beyond the Headlines – rbth.ru – […]

» Read more

Who benefits and who loses from revocation of anti-Iranian sanctions

Iran Map and Flag

If Moscow plays its cards correctly, it will be able to strengthen its positions not only in Iran but also throughout the entire Middle East. (Russia Beyond the Headlines – rbth.ru – GEVORG MIRZAYAN – January 29, 2016) The lifting of sanctions against Iran has generated an entire wave of speculation about the upcoming reformation of the Middle East. However, […]

» Read more

Russia’s Great Shift Downward; Putin has shown little interest in changing the economic model.

Diverse Paper Currency, Coins, Line Graph

(Bloomberg – bloomberg.com – Carol Matlack – January 28, 2016) For Russia’s battered economy, 2016 already looks miserable. The ruble has slumped to record lows as oil prices have fallen 11 percent since Jan. 1, to around $30 a barrel. The government, which gets nearly half its revenue from oil and gas, is scrambling to plug a 1.5 trillion-ruble ($19.2 […]

» Read more

RBTH: Investors could benefit from Russia’s economic turmoil

File Photo of Outdoor Electronic Sign with Russian Exchange Data

As the Russian economy hits hard times, with business incomes falling, government spending facing cuts and the ruble losing value, RBTH spoke to Sergei Katyrin, president of Russia’s Chamber of Commerce and Industry, to find out how foreign companies are enduring the current “perfect storm” for business. (Russia Beyond the Headlines – rbth.ru – ILYA KROL, RBTH – January 28, […]

» Read more

Nine lingering myths about Russia

Map of Russia and Russian Flag adapted from images at state.gov

We are often held prisoner by imposed stereotypes and opinions about countries, people and events. RBTH has collected nine myths about Russia that are far from accurate. (Russia Beyond the Headlines – rbth.ru – NATALYA PUKHOVA, SPECIAL TO RBTH – January 26, 2016) 1. The death rate in Russia is higher than its birth rate There is a widespread belief […]

» Read more

NEWSLINK Carnegie Moscow/Mikhail Krutikhin: “The Russian Oil Industry in the Era of Cheap Crude. A recent slight increase in Russia’s oil output is likely to be short-lived. Oil production may decline almost twofold by the end of the year due to a lack of financing for new field exploration and development.”

Oil Well file photo » Read more

At Davos forum Russia promises to eliminate its dependence on oil

Oil Well file photo

Russian representatives announced imminent large-scale economic reforms at the World Economic Forum. The proposed changes would affect the country’s dependence on oil and the facilitation of investors accessing the market. (Russia Beyond the Headlines – rbth.ru – ALEXEI LOSSAN, RBTH – January 25, 2016) Low oil prices are helping the Russian government carry out large-scale reforms despite the drastic reduction […]

» Read more

NEWSLINK: “Russian Oil: Output Grows as Prospects Shrink. Plummeting prices and U.S.-led sanctions raise questions about Russian oil’s capacity to continue underwriting Putin’s global ambitions.” – Wall Street Journal

Oil Well file photo » Read more

Facing Oil Price Plunge, Russia Considers Fire Sale of State Companies

Diverse Paper Currency, Coins, Line Graph

(Moscow Times – themoscowtimes.com – Peter Hobson – January 22, 2016) Russian officials are touting a new wave of privatization to fill the hole in the government’s finances caused by the slumping oil price. With the cost of crude falling toward $30 per barrel early in the year, Finance Minister Anton Siluanov announced that 1 trillion rubles ($12.5 billion) could […]

» Read more

Russia identifies economic backwardness as national security threat

Cash, Calculator, Pen

(Interfax – January 19, 2016) Russia’s new national security strategy identifies the key threats to the country. The main threats to national security in the economic sphere are the low competitiveness of the Russian economy and its continuing dependence on raw material exports, Sergey Vakhrukov, aide to the secretary of the Russian Security Council, told journalists on 19 January, as […]

» Read more

USSR collapsed because of oil prices heralding Russia’s future?

Oil Well file photo

(Pravda.ru – January 19, 2016) Pravda.Ru editor-in-chief Inna Novikova sat down with historian Alexander Fursov to speak about Russia’s foreign and domestic policy. “In connection with the collapse of the world prices on oil, many analysts say that the times that we are living now are very similar to the times of the 90s when the Soviet Union broke up.” […]

» Read more

Russian Ministry Predicts More Recession, Lower Incomes and Less Employment

Diverse Paper Currency, Coins, Line Graph

(Moscow Times – themoscowtimes.com – January 15, 2016) New falls in the oil price mean that Russia’s economy will likely shrink again in 2016, as incomes continue to fall and unemployment rises, according to a draft outlook prepared by the Economic Development Ministry. Officials had hoped for an end to recession this year, but a near 20 percent decrease in […]

» Read more

Russian Finance Minister: Oil prices could continue to slide

Oil Wells File Photo

(Interfax – January 13, 2016) Oil prices are likely to go on sliding in the near future, Russian Finance Minister Anton Siluanov said. “Today there’s a very tight balance on the oil market, we’re seeing that nobody is cutting oil production. We’re likely in the short term to see further decline in prices for this commodity,” he said. “Indicators for […]

» Read more

Russian Oil Prices Drop 50% in 2015

Offshore Oil Rig file photo

(Moscow Times – themoscowtimes.com – January 11, 2016) The average price of Russian oil dropped almost 50 percent last year, the Interfax news agency reported Monday, citing Finance Ministry analyst Alexander Sakovich. In 2014, the average price of Russia’s key export, Urals crude oil, stood at $97.6 per barrel, while last year it price fell by 47.5 percent to $51.23, […]

» Read more

Russia Seeks To Drive Wedge Into Central Asia

cis-asia-big

(RFE/RL – rferl.org – Bruce Pannier – January 5, 2016) Russia appears to be practicing a bit of “divide-and-conquer” politics in Central Asia, and state-owned Gazprom is spearheading the campaign. On January 4, Russia’s main news agencies quoted a “source” within Gazprom Export, the Gazprom wing charged with handling gas imports from other countries, saying Russia would not be importing any […]

» Read more

Russian Economy Killers: Oil and Sanctions

Diverse Paper Currency, Coins, Line Graph

(Voice of America – Bernard Shusman – January 6, 2016) Russian President Vladimir Putin gets a bad report card, even a failing grade, for his handling of the economic crisis in his country, according to 27 percent of analysts who participated in a major survey conducted by Bloomberg Business. These are hard times in Russia, with the collapse in oil […]

» Read more

Eight Shades of Crisis – Russia’s Year of Economic Nightmares

Diverse Paper Currency, Coins, Line Graph

(Moscow Times – themoscowtimes.com – Peter Hobson – December 26, 2015) [Charts here themoscowtimes.com/business/article/8-shades-of-crisis—russias-year-of-economic-nightmares/553703.html] Imagine Russia as a combustion engine. Oil and gas pumped from its vast territories wash through the economy as taxes, government spending and investment. Foreign currency from oil and gas sales is used to fund imported equipment and products on shop shelves. Cash from the energy […]

» Read more

TRANSCRIPT: [Putin] Statement for the press following Russian-Indian talks

India map

(Kremlin.ru – December 24, 2015) President of Russia Vladimir Putin: Mr Prime Minister, ladies and gentlemen, The first official visit to Moscow by India’s Prime Minister, Mr Narendra Modi, is coming to an end. Our talks were very substantive and fruitful. I hope they would assist in promoting the privileged Russian-Indian strategic partnership. Yesterday Mr Modi and I had a […]

» Read more

Sino-Russian energy relations reversed: a new little brother

Asia Map

Don’t be fooled. Russia’s growing ties to China may not be what they seem. (opendemocracy.net – Morena Skalamera – December 22, 2015) Morena Skalamera is a post-doctoral fellow at the Belfer Center, Harvard University, where she researches the geopolitics of energy and European-Russian energy co-operation. In the year since Russia and China signed a landmark $400bn natural gas pact in […]

» Read more

Russian Finance Minister Siluanov expects oil price to go under $30 per bar

Anton Siluanov file photo

(Interfax – December 12, 2015) Russian Finance Minister Anton Siluanov anticipates that price for oil in some periods of time in 2016 could drop to $30 per barrel. “We had hardly passed the budget before we saw that the macroeconomic situation was changing. It’s changing not for the better. We based our budget on the presumption that the price would […]

» Read more

Putin orders resumption of coal supplies to Ukraine

Map of Commonwealth of Independent States, European Portion

(Interfax – December 9, 2015) Russian President Vladimir Putin has ordered that the government resume coal supplies to Ukraine in response to Kiev resuming electricity flow to Crimea. “They [Ukraine] might only have gotten only one line up and running, but it’s still one line [of power transmission]. It is necessary to resume coal supplies,” Putin said at a meeting […]

» Read more

Ruble Sinks to New Lows As Oil Prices Plummet

Diverse Paper Currency, Coins, Line Graph

(Moscow Times – themoscowtimes.com – December 8, 2015) The Russian ruble has continued its slide to dramatic lows, falling to 69 against the U.S. dollar on Monday for the first time since September, according to news reports. The euro, too, reached a two-month high, climbing to 75 rubles on Monday evening, with Russian analysts linking the ruble’s downward spiral to […]

» Read more

Will Crimea’s ‘energy bridge’ save it from dependency on Ukraine?

Russian Naval Vessel in Ukrainian Port

Electricity in Crimea has been partially restored: On Dec. 2 an underwater cable linked the peninsula’s electricity system with a Russian electrical grid. RBTH finds out why the Russian authorities were unprepared for the peninsula’s electricity being cut off by Ukrainian activists and asks whether the energy bridge will save Crimean residents from other infrastructure failures in the future. (Russia […]

» Read more

Interfax: Truthfulness of evidence of oil smuggled to Turkey from terrorists-controlled areas raises no doubt – senator Ozerov

Federation Council file photo

MOSCOW. Dec 5 (Interfax) – Russia has no doubt about the credibility of the evidence it showed of oil supplies to Turkey from ISIL-controlled areas, said Viktor Ozerov, head of the Federation Council’s Defense and Security Committee. “These are objective documents. With the system of capabilities that the U.S. and other NATO states have, joking and serving – to put […]

» Read more

Crimeans Putting On Brave Faces, But Frustration Mounting Over Blackout

Map of Ukraine, Including Crimea, and Neighbors, Including Russia

(RFE/RL – rferl.org – Pavel Novikov, Claire Bigg – November 25, 2015) As Russian authorities in Crimea scramble to restore power after a massive blackout over the weekend, residents are learning to live with thawing fridges, pitch-dark highways, and shuttered schools. The outage, caused by attacks that brought down power transmission towers in Ukraine’s Kherson region, near the isthmus linking […]

» Read more

Climate Change And The View From Moscow

Snowy Night on Red Square with Old St. Basil's Lit Up

(RFE/RL – rferl.org – Tom Balmforth – Explainer – MOSCOW, November 29, 2015) Russia’s size and broad range of environments, from the arid southern steppe to the frigid Arctic, expose the world’s largest country to many aspects of climate change. President Vladimir Putin is one of dozens of leaders expected to attend a UN conference on climate change that starts […]

» Read more

NEWSWATCH Deutsche Welle: “Dark days on Crimea: Russia and Ukraine rattle sabers. Electricity cables cut, no trade between Ukraine proper and the Crimean Peninsula, no gas supply: Once again Ukraine and Russia seem headed for confrontation. The US and Europe fear for the future of the Minsk Protocol”

Map of Ukraine, Including Crimea, and Neighbors, Including Russia

Deutsche Welle covers unfolding events in occupied Crimea, including a power outage. Crimea has recently experienced its darkest hours in memory – literally. The peninsula, annexed by Russia in 2014, was left in a state of emergency, deprived since November 22 of electricity from the Ukrainian mainland after persons unknown blew up a number of electricity pylons in southern Ukraine. […]

» Read more

NEWSWATCH New York Times: “Months After Russian Annexation, Hopes Start to Dim in Crimea”

Map of Ukraine, Including Crimea, and Neighbors, Including Russia

The New York Times covers unfolding events in occupied Crimea, including a power outage. No one is quite sure how long the blackout might last. The Ukrainian government has said the lines should be fixed but made no move to remove the protesters blocking repair crews. Although the Kremlin has voiced concern, it has not tried to force a solution. […]

» Read more

Putin Doesn’t Mind Oil’s Fall

Oil Wells File Photo

(Bloomberg – bloomberg.com – Leonid Bershidsky – November 26, 2015) [Charts here bloombergview.com/articles/2015-11-26/putin-doesn-t-mind-oil-s-fall] Russia’s economic decline this year is often attributed to low oil prices. Yet Russia has performed considerably worse than most of its oil-exporting peers, so there must be another reason. Marek Dabrowski, co-founder of the Center for Social and Economic Research in Warsaw and a professor at […]

» Read more

NEWSWATCH AP: “Energy-Rich Russia Pays Little Attention to Climate Change”

Snowy Night on Red Square with Old St. Basil's Lit Up

AP covers Russia’s posture towards climate-related issues and environmentally focused alternatives. The issue is largely absent from public discussion and officials appear to give it only lip service, when they’re not sardonically dismissing it. * * *  In a country where even recycling is a little-understood concept, there is little support and few incentives from the national government for Russian […]

» Read more

The $30 Oil Cliff Threatening Russia’s Economy

Offshore Oil Rig file photo

(Bloomberg – bloomberg.com – Andre Tartar and Olga Tanas – November 30, 2015) [Chart here http://www.bloomberg.com/news/articles/2015-11-29/the-30-oil-cliff-that-economists-see-threatening-russia-in-2016] For Russia, $30 is the number to watch. Crude prices at that level will push the economy to depths that would threaten the nation’s financial system, according to 63 percent of respondents in a Bloomberg survey. Lower prices for the fuel are next year’s […]

» Read more

Downing of Russian Plane has Serious Consequences for Putin at Home, in Central Asia, and in Ukraine

Vladimir Putin file photo with VOA logo; screen shot from video still

(Paul Goble – Window on Eurasia – Staunton, November 25, 2015) The shooting down of a Russian military plane by Turkish forces after Kremlin ignored repeated warnings from Ankara not to violate Turkey’s airspace not only increases the risks of a clash between Russia and the West but has serious consequences for Putin at home, in Central Asia and the […]

» Read more

Gazprom’s Miller Tops Russia’s Best Paid Executive List With $27 Million

Gas Facility file photo

(Moscow Times – themoscowtimes.com – November 20, 2015) Russia’s highest-paid executive last year with earnings of $27 million was Alexei Miller, the head of natural gas producer Gazprom, according to a ranking published by the Russian edition of Forbes magazine on Thursday that showed a sharp fall in the incomes of many of Russia’s top corporate bosses. Miller, 53, bucked […]

» Read more

G20 summit in Turkey: What were the 4 major events for Russia?

Turkey map

Following the G20 summit in Antalya, Turkey on Nov. 15-16, RBTH presents an overview of the four most interesting events and statements concerning Russia made at the meeting of world leaders. (Russia Beyond the Headlines – rbth.ru – ALEXEY TIMOFEYCHEV, RBTH – November 17, 2015) 1. Unplanned meeting between the U.S. and Russian presidents Russian President Vladimir Putin and his […]

» Read more

Russia Oil Production Poised for Record as Industry Defies Slump

Oil Well file photo

(Bloomberg – bloomberg.com – Stephen Bierman, Julian Lee – October 29, 2015) Russian oil output is poised to break a post-Soviet record for the fourth time this year as the nation’s producers once again prove themselves resilient to a slump in crude prices. Production of crude and a light oil called condensate is on track to reach 10.77 million barrels […]

» Read more
1 2 3 9