NEWSLINK: “Putinomics Loses Its Power in Russia” – Bloomberg/ Anna Andrianova, Evgenia Pismennaya

Diverse Paper Currency, Coins, Line Graph

“Russia’s traditionally boom-and-bust economy risks something it hasn’t yet endured during President Vladimir Putin’s rule — stagnation. The economy of the world’s biggest energy exporter is stalling without enough investment after draining Putin’s old growth model, based on channeling income from sales of oil and gas into domestic demand and riding a consumption boom that followed. After almost two decades […]

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NEWSWATCH: “U.S. Criticizes Germany’s Support of New Russian Natural Gas Line; Top state department official praises Denmark for passing law that could hamper pipeline project” – Wall Street Journal/ Paul Sonne

Gas Flame file photo

“[Assistant Secretary of State for European and Eurasian affairs A. Wess Mitchell] offered harsh words … for Germany over the country’s continued support for a new Russian gas pipeline to Europe … known as Nord Stream 2 … a wholly owned subsidiary of Russian state energy giant Gazprom [that] would double Russia’s export capacity … adding a second link between Russia and Germany. * […]

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NEWSLINK: “Silk Road fever grips the Russian Far East and boosts economy; China’s Belt and Road Initiative heralds a new era with mega infrastructure projects dotting the landscape” – Asia Times

Asia Map

“… [a] new state-of-the-art $1.5 billion Bystrinsky plant … [l]ocated about 400 kilometers from the Chinese border by rail and tucked inside the Trans-Baikal region of Siberian … is now finally open for business. This mining and processing complex … contains up to 343 million tonnes of ore reserves … a joint venture between Russian and Chinese companies. …”

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Recession Recoveries In Russia, Brazil Help Lift World Growth To Six-Year High

File Photo of UN Building with Flags

(Article ©2017 RFE/RL, Inc., Radio Free Europe/Radio Liberty – rferl.org – December 12, 2017 – also appeared at rferl.org/a/recession-recoveries-russia-brazil-help-lift-world-growth-six-year-high-3-percent-2011/28911154.html) World economic growth rose this year to 3 percent, the strongest rate since 2011, aided by recoveries from recession in Russia, Brazil, Argentina, and NIgeria, the United Nations has estimated. In its annual report on global growth on December 11, the UN […]

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NEWSWATCH: “Gazprom spends big to keep trillion dollar dream alive; Russian gas exporter ramps up borrowing and raids cashpile to maintain growth” – Financial Times/ Henry Foy

Gas Facility file photo

“In an effort to fight back, Gazprom is …. [r]amping up borrowing and raiding its … cash pile … splurging on critical new infrastructure …. it announced that it expected to spend 24 per cent more this year on long-term investment, capital expenditure and acquisitions previously forecast. … next year’s spending [is projected to] hit a record Rbs 1.28tn ($22bn), up 13 per cent on […]

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NEWSWATCH: “Putin in the Boot; New sanctions are about to bite, and Russia’s elite are spooked; The personal sanctions against regime cronies are especially tough” – The Economist

File Photo of Kremlin Tower, St. Basil's, Red Square at Night

“… CAATSA moderately increases the pressure …. It extends the restrictions on investing in new Russian oil and gas projects to the operations of Russian firms in third countries. … the effectiveness of these new sanctions, which the administration is allowed to pause until late January, is undermined by the fact that European firms have been ring-fenced from their effects. Gazprom … has […]

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Gazprom Speaks Out Against OPEC Production Cut Extension

Gas Facility file photo

(Oilprice.com – Tsvetana Paraskova – November 21, 2017) While OPEC is said to be mostly leaning toward a 9-month extension of the production cuts, Russia’s Energy Minister Alexander Novak and major Russian oil companies discussed last week a six-month extension after March 2018, and all but one company said they were ready to extend, Russia’s TASS news agency reported on […]

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RUSSIALINK TRANSCRIPT: “APEC Economic Leaders’ Meeting wrapped up in Vietnam; [Putin meeting with Russian and foreign journalists]” – KremlinRu

Map of Asia-Pacific Highlighting APEC Member States

(kremlin.ru – Nov. 11, 2017) The 25th APEC Economic Leaders’ Meeting ended in Danang. On the second day of the Meeting, the APEC leaders reviewed the prospects for the global economy with Managing Director of the International Monetary Fund Christine Lagarde. During the business breakfast, a discussion was held on establishing an Asia-Pacific free trade zone and a possible expansion […]

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Russia Unfazed By U.S. Oil Sanctions

Oil Well file photo

(Oilprice.com – Viktor Katona – November 9, 2017) Western energy sanctions vis-à-vis Russia have become a steady phenomenon of the global oil and gas market. Most Russian oil companies don’t expect sanctions to be scrapped anytime soon-an assessment espoused by the political elites of the country, too. The sides even seem to have resigned their minds to the current frosty […]

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NEWSLINK: “Kremlin Cash Behind Billionaire’s Twitter and Facebook Investments” – New York Times/ Jesse Drucker

File Image of Laptop Computer, Tables and Mobile Device, adapted from image at energy.gov » Read more

Russian LNG Unfazed By U.S. Sanctions

Asia Map

(Oilprice.com – Tsvetana Paraskova – November 2, 2017) Russia’s energy industry faces a new round of U.S. sanctions – including on oil projects in any location if a designated entity holds more than 33 percent. And in Europe, where Russia’s gas giant Gazprom currently holds a large share of the gas supplies, Poland and Lithuania are buying U.S. LNG in […]

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RUSSIALINK TRANCRIPT: “Foreign Minister Sergey Lavrov’s remarks at a meeting with members of the Association of European Businesses in Russia Moscow, October 31, 2017” – Russian Foreign Ministry

Sergei Lavrov file photo » Read more

NEWSWATCH: “Russia moves up to 35th place in the World Bank’s annual ‘Doing Business’ index” – bne Intellinews

File Photo of Kremlin Tower, St. Basil's, Red Square at Night

“… Russia is ranked 35th in the 2018 issue of the World Bank’s Doing Business 2017 report published on October 31, moving up five places …. Another international rating, the 2017 Economic Freedom Index compiled by the Heritage Foundation in February, placed Russia in the 114th position in the ‘Mostly Unfree’ category … with a score of 57.1 of 100. … the […]

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NEWSWATCH: “Russia Uses Its Oil Giant, Rosneft, as a Foreign Policy Tool” – New York Times/ Clifford Krauss

File Photo of Rosneft and Russian Flags Next to Rosneft Banner

“Russia is increasingly wielding oil as a geopolitical tool, spreading … influence … and challenging the interests of the United States. … Moscow risks running into trouble … lend[ing] money and mak[ing] deals in turbulent economies and shaky political climates. The strategy faces a crucial test this week in Venezuela, a Russian ally that must come up with a billion dollars to avert […]

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Russia to increase salmon aquaculture

Spawning Salmon File Image, adapted from image at fws.gov

(The Fish Site – thefishsite.com – Jaroslaw Adamowski – October 30, 2017) Russia’s largest farmed fish producer, Russian Aquaculture, is developing its farm network across the country at a time when the country’s authorities are making increased efforts to develop the sector and reduce their dependency on fish imports. Russian Aquaculture currently owns cultivation rights for 30 salmon and trout sites […]

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NEWSWATCH: “Michael @McFaul: I applaud @Twitter for making this decision ….”

Ambassador Mike McFaul file photo

(Michael McFaul – Twitter – @McFaul – October 27, 2017) “I applaud @Twitter for making this decision. [re: ban on RT and Sputnik advertising]” [embedded live feed of tweet should load below; or click here to jump directly to tweet] I applaud @twitter for this decision: Announcement: RT and Sputnik Advertising https://t.co/QnCHBEckD8 — Michael McFaul (@McFaul) October 27, 2017

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NEWSLINK: “Putin Disappoints Investors With Quick Exit From Moscow Forum” – Bloomberg/ Ksenia Galouchko, Jake Rudnitsky, Andrey Biryukov, Anna Baraulina

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

“… Putin left some guests at Moscow’s main investment forum surprised and disappointed after he broke with his tradition of taking questions from the audience and left after a brief speech. After comments that lasted about 12 minutes at a panel at the VTB Capital Forum on Tuesday, Putin left the stage, leaving behind the sanctioned lender’s Chief Executive Officer Andrey […]

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NEWSWATCH: “I’m ‘sick and tired’ of how U.S. views Russia, says CEO of Russia’s second-largest bank” –  CNBC/ Silvia Amaro

VTB Bank File Photo

“… The tense issue of Russian meddling in the election has dragged on. Putin warned last week that U.S. media companies could be restricted when operating in Russia after calls from American lawmakers to limit Russian outlets, namely RT and Sputnik, for their involvement in the 2016 presidential election. … Click here for: “I’m ‘sick and tired’ of how U.S. […]

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Republic: The Diagnosis after Three Years of Crisis, or Why the Russian Economy Survived

Diverse Paper Currency, Coins, Line Graph

(Institute of Modern Russia – imrussia.org – Oct. 20, 2017 [from “Russian media roundup, October 13-20, 2017”]) At the turn of 2014-2015, it was uncertain as to whether the Russian economy would emerge standing. Yakov Mirkin, the head of International Capital Markets Department Institute of World Economy and International Relations, lists seven reasons to explain what saved the Russian economy […]

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NEWSWATCH: “U.S. Soccer Defeat Is a Loss for Russia. In place of a flood of U.S. travelers for next year’s World Cup, a trickle of Panamanians.” – Wall Street Journal

File Image of Soccer Ball, Field, Stadium with Lights, adapted from image at fbi.gov

“… a fresh setback for U.S.-Russia relations: The U.S. men’s soccer team fell to Trinidad and Tobago … and … failed to qualify for the World Cup for the first time in three decades. For Russia, hosting the quadrennial event in 2018 … missing out on an influx of rich American tourists …. [A past study by two economists suggests] the tourism boost from […]

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NEWSLINK: “This is as good as it gets” – bne Intellinews/ Ben Aris

Diverse Paper Currency, Coins, Line Graph

“This is as good as it gets. That was the conclusion of Fitch Ratings’ Global Economic Outlook for September 2017. The global economy is in a bit of a sweet spot as the bounce-back growth is strong and the last of the 2008 crash effects are fading away. Commodities prices are high and growth in both developed and emerging markets […]

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Is This The Geopolitical Shift Of The Century?

Middle East Map

(Oilprice.com – Cyril Widdershoven – October 7, 2017) Dr. Cyril Widdershoven is a long-time observer of the global energy market. Presently, he holds several advisory positions with international think tanks in the Middle East and energy sectors in the Netherlands, the United Kingdom, and the United States. The geopolitical reality in the Middle East is changing dramatically. The impact of […]

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NEWSWATCH: “OPEC Pushes Russia to Continue Helping on Oil Prices” – Wall Street Journal/ Benoit Faucon, Summer Said, Nathan Hodge

File Photo of King Salman of Saudi Arabia Seated Next to Saudi Flag and Gesturing, adapted from image at defense.gov

As King Salman becomes the first Saudi Monarch to visit Moscow, The Wall Street Journal reports on efforts by OPEC to keep Russia in an ad hoc coalition to suppress global oil production. “Saudi Arabia and OPEC are lobbying Russia to stay on board with their efforts to raise oil prices, amid signals that Moscow wants to end its participation in costly […]

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Saudi Arabia to Plan Russia Deals, Deepening Energy Ties

File Photo of King Salman of Saudi Arabia Seated Next to Saudi Flag and Gesturing, adapted from image at defense.gov

(Bloomberg – bloomberg.com – Wael Mahdi , Elena Mazneva, Ilya Arkhipov – October 3, 2017) Saudi Arabia is looking at unprecedented deals to acquire #oil and #gas assets in Russia, deepening ties between the world’s largest energy exporters as the Saudi king prepares to visit Moscow later this week. OPEC’s biggest crude producer is considering investing in Russia’s largest oil […]

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NEWSWATCH: “Oil prices rise to highest level in two years” – Intellinews/ Ben Aris

Oil Wells File Photo

“Trouble between Turkey and the Kurds led oil prices to rise to $59 per barrel on September 26, their highest level in more than two years. Kurds held a referendum in … Iraq calling for … an independent Kurdish homeland for the ethnic group, who spill over the borders of neighbouring Turkey, Iran and Syria. Turkish President Recep Tayyip Erdogan […]

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RUSSIALINK TRANSCRIPT: “[Putin] Meeting with Maxim Oreshkin and Denis Manturov” – KrmelinRu

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

(Kremlin.ru – September 23, 2017) Vladimir Putin held a meeting with Economic Development Minister Maxim Oreshkin and Industry and Trade Minister Denis Manturov. The current economic situation and measures to support the Russian economy and industry were discussed. President of Russia Vladimir Putin: Colleagues, I had agreed with each of you on separate occasions to meet and talk on the […]

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RUSSIALINK TRANSCRIPT: “Vladimir Putin’s news conference following BRICS Summit”- KremlinRu

File Photo of Flags of BRICS Nations and BRICS Logo from Past Summit

(Kremlin.ru – September 5, 2017) Vladimir Putin answered Russian journalists’ questions following his visit to China to take part in the BRICS Summit. Vladimir Putin summed up the results of the BRICS Summit and his talks with foreign leaders on the Summit’s sidelines, and shared his perspective on pressing international issues. Transcript of the news conference for Russian journalists President […]

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Russia Is an Emerging Superpower in Global Food Supply; Climate change is working against other regions but in favor of the Eurasian Grain Belt.

File Image, Map of Russian Wheat Production by Region, adapted from image at usda.gov

(Bloomberg – bloomberg.com – Leonid Bershidsky – September 4, 2017) Leonid Bershidsky is a Bloomberg View columnist. He was the founding editor of the Russian business daily Vedomosti and founded the opinion website Slon.ru. Russia is often seen as a country that produces little that the world wants except energy commodities. The oil export dependence looks like a major time […]

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RUSSIALINK TRANSCRIPT: “[Putin at] Meeting of BRICS leaders with delegation heads from invited states”

File Photo of Flags of BRICS Nations and BRICS Logo from Past Summit

(Kremlin.ru – September 5, 2017) Vladimir Putin attended a meeting of BRICS leaders with delegation heads from invited states, including the heads of state and government of Egypt, Tajikistan, Mexico, Guinea and Thailand. The meeting participants discussed the implementation of the 2030 Agenda for Sustainable Development and prospects for further developing their partner relations. Before the meeting, the BRICS leaders […]

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NEWSLINK: “Little cash for Russia’s new Arctic development program; Ambitions are sky-high, but much hinges on private investments” – The Independent Barents Observer/ Atle Staalesen

Arctic Map

“… The new Russian Arctic program has undergone major revision since the Ministry of Economic Development was commissioned to make a draft. The Ministry first proposed to allocated 209 billion rubles (€3.1 billion) of state cash to program implementation. Later, the sum was reduced to only 12 billion rubles (€177 million). Originally, the program was to cover the period until […]

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RUSSIALINK: “BRICS: Towards New Horizons of Strategic Partnership” – KremlinRu/

File Photo of Flags of BRICS Nations and BRICS Logo from Past Summit

(Kremlin.ru – September 1, 2017) Vladimir Putin’s article BRICS: Towards New Horizons of Strategic Partnership was published ahead of the BRICS Summit, which will be held in Xiamen, China, on September 4 and 5. The 9th BRICS Summit will be held in Xiamen, China, on September 4 and 5. I consider it important in this regard to present Russia’s approaches […]

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Russian Ports and Railways Start to Feel Strain of Giant Harvest

Black Sea Satellite Photo file image

(Bloomberg – bloomberg.com – Anatoly Medetsky – August 30, 2017) Russia’s massive grains harvest is starting to put a strain on the country’s ability to ship out and store crops. Grains output is set to surpass a Soviet-era record and exports in the season that began in July may be the biggest since the USSR collapsed a quarter of a […]

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NEWSWATCH: “Russian economy boss: sanctions no longer bite” – AP

Truck at Russian Border Crossing

“… Maxim Oreshkin … [said that] the Russian economy is on track to grow at least 2 percent this year. That would be a first after 2014, when the economy sank into recession driven by sinking oil prices and sanctions over Russian actions in Ukraine. … he said, ‘we see more willingness on the Asian side to work with us.’ He wouldn’t […]

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Russian Emigres in New York Unfazed by Sanctions Fallout; U.S.-Russia relations are flourishing in Brooklyn’s ‘Little Odessa’

File Photo of Manhattan and Manhattan Bridge, adapted from image at loc.gov, from photo by Carol M. Highsmith

(Moscow Times – themoscowtimes.com – Evan Gershkovich – August 18, 2017) NEW YORK – U.S. President Donald Trump begrudgingly signed off on the latest round of sanctions against Russia early in August to the sound of growing hostility. In Russia, Prime Minister Dmitry Medvedev slammed the new sanctions, saying Washington had launched “a full-fledged economic war on Russia.” “It ends […]

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Russia setting priorities of its EAEU presidency – Medvedev

Dmitri Medvedev file photo

ASTANA. Aug 14 (Interfax) – The Russian presidency of the Eurasian Economic Union (EAEU) in 2018 will focus on trade barriers, interaction with international partners, labor standards, and support for exports, Russian Prime Minister Dmitry Medvedev said at the Eurasian Intergovernmental Council’s meeting in Astana on Monday. “Russia will be presiding in the Eurasian Union next year. We are setting […]

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The One Big Problem With New Russia Sanctions; Congress won’t let Trump waive penalties, which gives Moscow no reason to change its behavior.

American Flag and Partial View of U.S. Capitol Dome, adapted from image at aoc.gov

(Bloomberg – bloomberg.com – Meghan L. O’Sullivan – August 10, 2017) Meghan L. O’Sullivan is a Bloomberg columnist and the Jeane Kirkpatrick Professor of the Practice of International Affairs at Harvard University’s Kennedy School. She served on the National Security Council from 2004 to 2007, and was deputy national security adviser for Iraq and Afghanistan. The latest round of congressional […]

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NEWSWATCH: “Back to the land: Russia’s farming transformation; Can government policy and a new foodie class turn the country into an agricultural force?” – Financial Times/ Kathrin Hille

File Photo of U.S. Dairy Cows

“… With 123 million hectares in arable land – the world’s third-largest area behind only India and the U.S. – Russia has the potential to be an agricultural superpower. The country has 36,400 agricultural enterprises and 174,600 farmers, according to the 2016 agricultural census. … although the broader economy has been in the grip of recession over the past two […]

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Russia Braces for Permanent Sanctions From the U.S.; Moscow was hopeful Trump would loosen sanctions. Instead, he made them permanent.

Portion of U.S. Treasury Department Building Facade, North Side, with Sculpture of Alexander Hamilton

(Bloomberg – bloomberg.com – Henry Meyer, Anna Andrianova – August 8, 2017) Andrey Kostin, a former Soviet diplomat in London who runs Russia’s second-largest bank, was jubilant when Donald Trump was elected last year. “We may soon see U.S. financial sanctions eased or even lifted,” he said at the time. Now, he’s changed his tune as his state-run VTB Group, […]

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NEWSLINK: “Factbox: What Do the New U.S. Sanctions on Russia Target?” – Reuters

U.S. Capitol in Bright Sunlight

“… * The law establishes a review process that allows #Congress to block any effort by #Trump to ease or lift sanctions on #Russia. Lawmakers passed the bill to punish Russia over its alleged interference in the 2016 U.S. presidential election, its annexation of Ukraine’s Crimea region and its involvement in Syria’s civil war. * Trump, or any U.S. president, […]

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NEWSWATCH: “Why New U.S. Sanctions Could Be a Ticking Time Bomb for Investors in Russia” – Moscow Times/ Elisabeth Braw, Nabi Abdullaev

File Photo of Man Placing Stack of Large Bills into Inside Pocket of Suitcoat

“The 755 staff forced to leave the U.S. embassy by … Putin may seem to have little to do with private companies wishing to invest in Russia. But in reality, they’re closely linked. … international companies planning to invest in Russia or already doing business there now face more uncertainty. And six months from now, a ticking bomb wrapped in […]

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Will New U.S. Sanctions Regime Finally Hit Putin and Those Closest to Him?

(Paul Goble – Window on Eurasia – Staunton, August 2, 2017) Western sanctions on Russia up to now have hit the ordinary people of that country, although not as hard as the countersanctions the Kremlin itself has imposed. But the Western actions have done less to affect those closest to Vladimir Putin who, unlike the Russian people, may be in […]

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Russian diplomat warns of risk to arms control with US

Iskander Missile with Launch file photo

(Interfax – August 2, 2017) Moscow, 2 August: Moscow’s possible countermeasures to the USA’s new anti-Russian sanctions may hypothetically affect agreements in the areas of disarmament and nonproliferation but any actions in this area have to meet Russia’s national interests, a Russian Foreign Ministry official has said. “Anything is possible in life, and I would like to draw your attention, […]

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Russia’s Medvedev Says U.S. Sanctions Bill Ends Hope For Better Ties

Dmitri Medvedev file photo

(Article ©2017 RFE/RL, Inc., Radio Free Europe/Radio Liberty – rferl.org – Aug. 3, 2017 – also appeared at rferl.org/a/trump-signs-russia-sanctions-bill/28655189.html) Russian Prime Minister Dmitry Medvedev sharply denounced the sanctions bill signed into law by U.S. President Donald Trump on August 2, saying it ends hope for improving relations and ignites “an all-out trade war with #Russia.” “The hope for improving our relations […]

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NEWSWATCH: “President Trump signs Russia sanctions bill” – ABC

File Photo of White House with South Lawn and Fountain

“… Trump today signed a bill aimed at punishing Russia for its interference in the 2016 election despite his reservations … passed with rare and overwhelming bipartisan support in Congress …. The bill limits the president’s ability to lift or waive sanctions against Russia and keeps in place sanctions the Obama administration imposed …. It also allows the U.S. to deny […]

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U.S. Sanctions Are Another Gift to Putin; Far from being hurt by them, he finds them useful.

U.S. Capitol in Bright Sunlight

(Bloomberg – bloomberg.com – Leonid Bershidsky – July 31, 2017) Leonid Bershidsky is a Bloomberg View columnist. He was the founding editor of the Russian business daily Vedomosti and founded the opinion website Slon.ru. Russian President Vladimir Putin tends to respond to Western sanctions in ways its authors probably didn’t anticipate: by going after those Russians who could most help […]

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NEWSWATCH: “New Challenge to U.S. Power: Chinese Exceptionalism; Once-reticent citizens now see their country as ascendant-and America in decline” – Wall Street Journal/ Te-Ping Chen, Josh Chin

Asia Map

… Chinese exceptionalism is on the rise. … challeng[ing] a decades-old tenet of U.S. foreign policy … that argued exposure to the West would lead Chinese to embrace Western values. … President Xi’s signature slogan, the ‘China Dream,’ appeals to Chinese who aspire to a middle-class lifestyle and cheer China’s return to international prominence. … China’s government exercises near-absolute authority over education, […]

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New U.S. sanctions bill on Russia threatens to further erode Minsk agreement; The diplomatic spat over new U.S. Russia sanctions risks eroding common US-EU position on Ukraine conflict.

U.S. Capitol in Bright Sunlight

(opendemocracy.net – Moritz Pieper – July 27, 2017) Moritz Pieper is a Lecturer in International Relations at the University of Salford, UK. He received his PhD from the University of Kent’s Brussels School of International Studies. He has been a visiting Research Fellow at China Foreign Affairs University (CFAU), Beijing, the German Institute for International and Security Affairs (SWP), Brussels, […]

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Moscow Hears Political Saber Rattling in Fresh U.S. Sanctions Vote; The vote sparked harsh rhetoric not heard since Trump has come to office

American Flag and Partial View of U.S. Capitol Dome, adapted from image at aoc.gov

(Moscow Times – themoscowtimes.com – Lena Smirnova – July 26, 2017) Top Russian officials on Wednesday slammed a U.S. House of Representatives vote in favor of fresh sanctions, with one official warning it could trigger “a new Cold War.” “Washington is a source of danger,” Deputy Foreign Minister Sergei Ryabkov told the state-run TASS news agency. “This is a blatant, […]

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New U.S. Sanctions on Russia Are a Mixed Bag; Europeans are rightly wary that promoting U.S. exports is an ulterior motive.

American Flag and Partial View of U.S. Capitol Dome, adapted from image at aoc.gov

(Bloomberg – bloomberg.com – Leonid Bershidsky – July 24, 2017) Leonid Bershidsky is a Bloomberg View columnist. He was the founding editor of the Russian business daily Vedomosti and founded the opinion website Slon.ru. The European Commission is preparing to counteract the new sanctions the U.S. Congress may impose on Russia this week. This may sound as if Europe is […]

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