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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Government policy measures could reduce price volatility, inflation expectations – CBR chief

Elvira Nabiullina file photo

ST. PETERSBURG. July 13 (Interfax) – Government policy regarding the development of infrastructure, logistics and competition on food markets, as well as tariff regulation could help to reduce the volatility of prices and lower inflation expectations, Central Bank chief Elvira Nabiullina said at the International Financial Congress. “We need to fight not only with the consequences of shocks for inflation, […]

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NEWSLINK: “Beijing stirs up Russia’s backyard” – bne Intellinews

Map of CIS Central Asia and Environs

“An invisible wedge has been growing between Russia and its Central Asian neighbours since Russia seized Crimea from Ukraine …. The unease is most particularly tangible in Astana. Any statements made by Russian officials that appear to put in question the statehood Kazakhstan gained after it was granted independence from the USSR prompt collective gasps. At the same time, China […]

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NEWSLINK: “Eurasian eyes turn east; Russia is more and more seeing China’s push West as an opportunity rather than a threat” – bne Intellinews/ Ben Aris

Asia Map

“… The relationship with the Chinese state began as a trade deal, but it has become progressively more political. It was not for nothing that when Xi Jinping took office in March 2013 his first trip abroad was to Moscow. To escape its blockade by the West, Russia has tried to shape the new emerging economies such as China into […]

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Article by Vladimir Putin published in the German business newspaper Handelsblatt (re G20)

Map of Germany

(Kremlin.ru – July 6, 2017) Ahead of my trip to Germany to take part in the Summit of the Group of Twenty, I would like to share some thoughts about cooperation within the G20 framework with the readers of Handelsblatt, one of the most popular and reputable German newspapers. Over the years of its existence, the Group of Twenty has […]

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Russian government extends counter-sanctions till end of 2018

EU Map

MOSCOW. July 5 (Interfax) – Russian Prime Minister Dmitry Medvedev has signed a resolution extending the ban on imports of certain types of agricultural products, raw materials and food, the governmental website said in a report on Wednesday. “The ban on imports of certain types of agricultural products, raw materials and food originating from the United States, EU member countries, […]

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NEWSWATCH: “No Thaw Likely at Trump-Putin Meeting” – Wall Street Journal/ Nathan Hodge

File Photo of Donald Trump Waving Before Large Crowd with Trump Signs, adapted from image at whitehouse.gov

“Russian officials are cautious about expectations for a fresh start in relations with Washington despite a planned first meeting between … Putin and … Trump next week. … Lavrov expressed hope that ‘pragmatism will prevail.’ But he added that U.S.-Russian relations ‘have become hostage to the internal politics’ inside Washington. * * * Russia continues to chafe under U.S. and Western […]

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Kudrin doesn’t rule out Russia – EU free trade zone “in distant future”

EU Map

MOSCOW. July 3 (Interfax) – The head of the Center for Strategic Research (CSR), former Russian Finance Minister Alexei Kudrin has called for intensifying trade cooperation with European countries. “We need to reach a new agreement with EU countries in the future, and in the distant future this could be a free trade zone. If we want to be open […]

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Russia Sticks to Conservative $40 Oil Forecast for 2018 Budget

Oil Well file photo

(Bloomberg – bloomberg.com – Olga Tanas – June 29, 2017) The Russian government is sticking to its conservative assumptions for oil prices as it drafts the budget for the next three years, relying mainly on domestic borrowing to finance the deficit in order to preserve its rainy-day funds. Oil prices are running above the government’s $40-a-barrel forecast, but growing supply […]

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Kennan Cable No.24: Russian Foreign Policy in the Arctic: Balancing Cooperation and Competition

Arctic Map

(Kennan Institute – wilsoncenter.org/program/kennan-institute – Stacy R. Closson, Assistant Professor, Patterson School of Diplomacy and International Commerce, University of Kentucky – June 26, 2017) Introduction The Arctic region presents a particularly interesting case study of Russian foreign policy. In a time when Russia is showing renewed aggression on three fronts – the Baltic Sea region, Syria, and Ukraine – and meddling in […]

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Rosatom: Climate’s new best friend; As Russia’s economic crisis continues to hit budgets, the country’s state nuclear corporation is going green to raise funds on the international level.

Russian Nuclear Power Plant

(opendemocracy.net – Vladimir Slivyak – June 21, 2017) Vladimir Slivyak is the co-chair of the Russian environmental NGO Ecodefense and has been taking part in UN climate change talks since 1995. The recent St Petersburg International Economic Forum was widely covered by the Russian media, partly because of the eye-catching debates in which president Vladimir Putin himself took part. In […]

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Are Russia And The Saudis Planning A Natural Gas Cartel?

Gas Flame file photo

(Oilprice.com – Cyril Widdershoven – June 18, 2017) The fledgling production cut strategy of OPEC (Saudi Arabia) and non-OPEC (Russia and the FSU) shows that a new strategy is needed to counter the ongoing doubts in the markets. At the same time, Russia and Saudi continue to give indications of a possible OPEC 2.0 scenario, in which a possible Russian […]

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Cold War Deja Vu Deepens as New Russia Sanctions Anger Europe

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

(Bloomberg – bloomberg.com – Marc Champion – June 18, 2017) Russia on Sunday accused the U.S. of returning to “almost forgotten Cold War rhetoric,” after President Donald Trump’s decision to reinstate some sanctions on Cuba. It could have dropped “forgotten.” There’s been a lively debate among historians and diplomats for years over whether the souring of relations between the U.S. […]

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Punishing Putin Mostly Means Punishing His Foes; Washington wants more sanctions. But they would further strangle a pro-democracy movement on life support.

Kremlin and River

(Bloomberg – bloomberg.com – Leonid Bershidsky – June 12, 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. After being surprised by broad-based protests in late March, the Russian authorities were ready to prevent a repeat on Monday. Police detained hundreds across the country […]

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Russia Just Past Crisis, But Already Up Against Growth Limit

Diverse Paper Currency, Coins, Line Graph

(Bloomberg – bloomberg.com – Olga Tanas – June 5 2017) The debate two years ago at President Vladimir Putin’s annual investment showcase in St. Petersburg centered on the direction Russia would take as it moved past the turbulence of oil’s collapse. This time the consensus is that the economy is running aground. Halfway through what’s likely to be the first […]

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NEWSLINK: “Rosneft chief Sechin looks beyond Russia sanctions. Putin ally wants stronger ties between oil heavyweights Russia, Saudi Arabia and US.” – Financial Times

File Photo of Rosneft and Russian Flags Next to Rosneft Banner

“… while sanctions may mean Mr Sechin, Rosneft and Russia currently have a strained relationship with the US energy industry, the resolute former deputy chief of staff to Mr Putin has ambitions for a grand coalition between oil’s superpowers: Russia, Saudi Arabia and the US. … reflecting on President Donald Trump’s campaign stance on developing better relations with Russia — which has since […]

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NEWSWATCH: “Russia Says Still Likely to Back Paris Climate Deal Despite U.S. Withdrawal” – Reuters

Arkady Dvorkovich file photo

“… #Russia has signed the Paris climate pact but is the biggest emitter of global greenhouse gases not to have yet ratified it. Russian officials have said they need more time to assess its potential impact on their economy and have spoken of drafting a strategy for low-carbon development, fuelling fears among green campaigners Moscow may not ratify the agreement. […]

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NEWSLINK: “How the Trump administration’s secret efforts to ease Russia sanctions fell short” – Yahoo News/ Michael Isikoff

State Department Building and U.S. Flag

“In the early weeks of the Trump administration, former Obama administration officials and State Department staffers fought an intense, behind-the-scenes battle to head off efforts by incoming officials to normalize relations with Russia, according to multiple sources familiar with the events. …”

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TRANSCRIPT: [Putin at] Meeting with heads of international news agencies

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

(Kremlin.ru – June 1, 2017) Vladimir Putin began his work at the St Petersburg International Economic Forum by meeting with the heads of international news agencies. Taking part in the meeting were President of EFE (Spain) Jose Antonio Vera, Editor-in-Chief of PTI (India) Vijay Joshi, Vice President of Kyodo News (Japan) Juno Kondo, General Director of DPA (Germany) Peter Kropsch, […]

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VIDEO NEWSWATCH: “U.S. shale, trade and sanctions worry Russian Finance minister as economy gets back on track” – CNBC/ Geoff Cutmore, Alexandra Gibbs

Anton Siluanov file photo

[Scroll down for embedded video] “… Following last week’s decision by oil producers to extend output cuts by nine months to March 2018, Siluanov told CNBC that OPEC’s decisions would give opportunity [sic] for prices to stay at present levels, but that both producers and the ministry had to be on alert for any market changes. …” ‘On the one […]

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