Tag: Business

NEWSWATCH: “Medvedev threatens Russian counter-measures on U.S. goods” – Financial Times/Kathrin Hille

Economy, Business, Investment, Trade, JRL NewsBlog, United States, U.S.-Russian Relations
Dmitri Medvedev file photo

“Moscow has threatened to hit imports from the U.S. or even products made by American companies in Russia as a retaliation against the crippling sanctions imposed Washington last week that battered Russian markets and have pushed Russian aluminium company Rusal to the brink. … Medvedev … said … that the government would ‘look into’ the possibility of counter-measures on ‘a […]

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NEWSWATCH: “No longer safe assets: Invest in Russia at your own risk after U.S. sanctions, strategist says” – CNBC/Natasha Turak

Economy, Business, Investment, Trade, JRL NewsBlog, Sanctions, United States, U.S.-Russian Relations
File Photo of Outdoor Electronic Sign with Russian Exchange Data

“Russian assets, in recovery mode following a deep recession after the global oil price collapse in 2015, have been ravaged since Friday over fears of U.S. sanctions.  Popular among many emerging market investors for the past year, this progress now appears on the brink of becoming undone as market analysts call for a re-evaluation of Russia’s risk pricing. * * […]

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NEWSWATCH: “Trump Says U.S. Could Help Russian Economy” – Reuters

Chemical Weapons, Biological Weapons, ChemBio, Economy, Business, Investment, Trade, JRL NewsBlog, Syria, United States, U.S.-Russian Relations
Vladirmir Putin and Donald Trump Sitting in Chairs with Flags Behind, adapted from image at whitehouse.gov

“… Trump … said the U.S. could aid Russia’s economy and sought an end to what he called an ‘arms race,’ lamenting that relations with Moscow had reached an all-time low. …Trump … on Twitter warned Russia that missiles ‘will be coming’ in Syria following a suspected chemical attack and chided … Putin for being ‘partners’ with … Assad. … […]

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NEWSLINK: “Taking on Russia’s ‘oligarchs’; Meduza looks at the businessmen, state officials, and companies targeted in the latest U.S. sanctions” – Meduza

Economy, Business, Investment, Trade, Newslinks, Sanctions, United States, U.S.-Russian Relations

“On Friday, the world got a look at the latest U.S. sanctions against Russia. The U.S. Treasury Department’s new “designations” target seven Russian ‘oligarchs’ and 12 companies they own or control, 17 senior Russian government officials, and a state-owned Russian weapons trading company and its subsidiary, a Russian bank. Washington says the measures are a response to “a range of […]

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NEWSLINK: “BOOK REVIEW: EVERYDAY LAW IN RUSSIA” – Irrussianality/Paul Robinson

Corruption, Law, Police, Courts, Crime, Newslinks
File Photo of Judge and Clerk in Russian Court, with Russian Flag Behind Bench

“A while ago I met a businessman working for a large multinational corporation in Russia. Apparently, Russian tax officials are paid according to how many tax violations they report, creating an incentive to accuse companies of violating the tax code even when they haven’t. As a result, the Russian tax authorities regularly accuse this businessman’s company of breaking the law. […]

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RUSSIALINK TRANSCRIPT: “[Putin at] Meeting of the State Council on promoting competition” – KremlinRu

Economy, Business, Investment, Trade, Politics, Government, Protests, Elections, Regions, Cities, Municipalities
Russia Regions Map

(Kremlin.ru – April 5, 2018) In the Kremlin, Vladimir Putin chaired a State Council meeting on priority areas of activity of the Russian regions to promote competition in the country. Head of the Republic of Udmurtia Alexander Brechalov, Head of the Federal Anti-Monopoly Service Igor Artemyev, Minister of Economic Development Maxim Oreshkin and Governor of the Ulyanovsk Region Sergei Morozov […]

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“Gangster’s paradise: how organised crime took over Russia; Under Vladimir Putin, gangsterism on the streets has given way to kleptocracy in the state” – The Guardian (UK)/Mark Galeotti

Corruption, Law, Police, Courts, Crime, Newslinks, Politics, Government, Protests, Elections

“… The challenge posed by Russian organised crime is a formidable one – and not just at home. Across the world, it trafficks drugs and people, arms insurgents and gangsters, and peddles every type of criminal service, from money laundering to computer hacking. For all that, much of the rest of the world remains willing – indeed, often delighted – […]

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NEWSWATCH: “Russia’s Putin Takes His Campaign to Leading Industrial Town” – AP

Economy, Business, Investment, Trade, JRL NewsBlog, Military, Politics, Government, Protests, Elections
Map of Russia and Russian Flag adapted from images at state.gov

“… Putin … took his campaign to one of Russia’s leading industrial companies, vowing to bolster high-tech industries and improve living standards. … travel[ing] to … the Urals to visit Uralvagonzavod, a huge factory producing … battle tanks … and railroad cars. … seek[ing] to shore up his support base before the March 18 presidential election. * * * The Uralvagonzavod […]

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Interfax: Medvedev: U.S. seeks to oust Russian companies from European market by putting them on different lists

Economy, Business, Investment, Trade, Europe, EU, Oil, Gas, Energy, Sanctions, Ukraine, Russo-Ukrainian War, United States, U.S.-Russian Relations
Dmitri Medvedev file photo

SOCHI. Feb 15 (Interfax) – The United States is seeking to oust Russian companies from European market by including them in different lists, Russian Prime Minister Dmitry Medvedev said. “Why are they doing so? For purely pragmatic reasons, this is because they want to promote their companies to European market, but, saying it straightforwardly, Europe and the U.S. are now […]

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RUSSIALINK TRANSCRIPT: “[Putin at] Meeting with Mentor forum participants” – KremlinRu

Politics, Government, Protests, Elections
File Photo of Empty Chair and Desk with Computer, adapted from image at osha.gov

(Kremlin.ru – February 14, 2018) The President met with participants of the Mentor national forum held in Moscow on February 13-15. The forum brought together several thousand people involved in mentoring, including active mentors at businesses, representatives of HR departments of major public and private corporations, federal and regional authorities, employees of non-profit organisations and educational institutions, and is designed […]

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NEWSLINK: “Expansion, Sanctions, and Opposition-Promotion: the West’s Failed Russian Transformation Strategy” – Russian and Eurasian Politics/ Gordon M. Hahn

Europe, EU, Russia & the West, Sanctions, Ukraine, Russo-Ukrainian War, United States, U.S.-Russian Relations
File Photo of Kremlin Aerial View, adapted from .gov source

“… The West’s post-Ukraine crisis sanction meanwhile are intended to undermine the regime from above. The hope in Washington and Brussels is that by pressuring state and private oligarchs close to Putin or the Kremlin, some may withdraw their support and seek either to remove Putin in a coup or join the opposition and remove him in a revolution or […]

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Russia Gets $41.5 Billion Boost From OPEC Deal

Economy, Business, Investment, Trade, Middle East, North Africa, Oil, Gas, Energy
Oil Well file photo

(Oilprice.com – Tsvetana Paraskova – February 13, 2018) Since the start of the OPEC-Russia production cut deal, Russia’s oil companies and government have received the equivalent of around US$41.5 billion more in proceeds, thanks to the higher oil prices, Russian Energy Minister Alexander Novak said on Tuesday. Due to the higher oil prices as a result of the pact, Russia’s […]

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RUSSIALINK TRANSCRIPT: “[Putin at] Meeting with finalists of the Leaders of Russia national management competition” – KremlinRu

Economy, Business, Investment, Trade, Politics, Government, Protests, Elections
Map of Russia and Russian Flag adapted from images at state.gov

(Kremlin.ru – February 12, 2018) Vladimir Putin met with the finalists of the national management competition, Leaders of Russia. President of Russia Vladimir Putin: Good afternoon. I am glad to see you all here, welcome. I know the competition was quite a marathon. I was surprised. Perhaps, Mr Kiriyenko already told you. Surprisingly, instead of the 12,000 to 15,000 applicants […]

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Russian parliament moves to extend capital amnesty

Corruption, Law, Police, Courts, Crime, Economy, Business, Investment, Trade, Politics, Government, Protests, Elections
Cash, Calculator, Pen

(Interfax – February 9, 2018) The State Duma, the lower house of Russian parliament, has passed in third and final reading a package of bills extending the existing capital amnesty programme, which was proposed by President Vladimir Putin late in 2017. In December, Putin announced that Russia’s existing programme – aimed at encouraging wealthy Russians holding assets abroad to transfer […]

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RUSSIALINK TRANSCRIPT: “[Putin at] Meeting of the Council for Science and Education” – KremlinRu

Economy, Business, Investment, Trade, Politics, Government, Protests, Elections, Science, Technology, Engineering
Map of Russia and Russian Flag adapted from images at state.gov

(Kremlin.ru – February 8, 2018) The President held a meeting of the Council for Science and Education in Novosibirsk. The agenda focused on the sector’s main tasks and prospects, as well as the key areas of international research and technical cooperation. Transcript of meeting of the Council for Science and Education President of Russia Vladimir Putin: Good afternoon, colleagues, I […]

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NEWSLINK: “Why does Trump hate Russia?” – The Hill/Frank R. Gunter

Newslinks, United States, U.S.-Russian Relations
File Photo of White House with South Lawn and Fountain

“… has Trump helped Russia? The economic, political and diplomatic evidence supports a negative view – Trump’s actions have severely damaged Putin’s Russia. The collapse of energy prices since 2014 devastated the Russian economy. It is generous to call Russia an industrial state. It is more like a developing country in that its exports are dominated by raw materials such […]

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Russia Struggling To Expand Arctic Oil Production

Arctic, Oil, Gas, Energy
Arctic Satellite Image and Map

(Oilprice.com – Tsvetana Paraskova – January 30, 2018) Oil production from Russia’s Arctic region increased in 2017 as new onshore developments and the only offshore producing platform ramped up production. But challenges in Russia’s arctic remain. Last year, production from onshore fields in Yamal-Nenets autonomous region in northern Russia contributed the most to the rise in oil production in the […]

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NEWSWATCH: “Why Did the Trump Administration Pass the Buck on Sanctioning Russia?” [excerpt] – Russia Matters/David Szakonyi

Economy, Business, Investment, Trade, JRL NewsBlog, Politics, Government, Protests, Elections, Ukraine, Russo-Ukrainian War, United States, U.S.-Russian Relations
Portion of U.S. Treasury Department Building Facade, North Side, with Sculpture of Alexander Hamilton

David Szakonyi is an assistant professor of political science at George Washington University This week’s highly anticipated news on additional Russia sanctions landed with a thud. For weeks, both Moscow and Washington had been astir about the impending steps the Trump administration would take against Russia based on legislation reluctantly signed by the president nearly six months ago” and overwhelmingly […]

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Investors Take U.S. List Of Russian ‘Oligarchs’ In Stride — For Now

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

(Article ©2018 RFE/RL, Inc., Radio Free Europe/Radio Liberty – rferl.org – Carl Schreck – January 30, 2018 – also appeared at rferl.org/a/russia-investors-brush-off-us-treasury-oligarchs-list/29007996.html) For months Russia’s business and political elite were fretting about the planned release of a U.S. list of potential Russian targets for fresh sanctions — including government officials and “oligarchs” purportedly close to the Kremlin. After that unclassified list […]

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Interfax: There are enough potential buyers of Russian defense industry products to replace those who may stop buying them due to U.S. actions – Russian MP

Politics, Government, Protests, Elections
Russian State Duma Building file photo

MOSCOW. Jan 30 (Interfax) – The number of potential buyers of products manufactured by the Russian defense industry is sufficient to replace those who could quit this market following the publication of the ‘Kremlin list’ by the United States, deputy head of the State Duma Defense Committee Yury Shvytkin told Interfax. “If we take the defense industry, if these or […]

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NEWSWATCH: “Russia and Ukraine: More similar than either wants to admit” – bne Intellinews/Anders Åslund

Corruption, Law, Police, Courts, Crime, JRL NewsBlog, Politics, Government, Protests, Elections, Ukraine, Russo-Ukrainian War

“… Russians see themselves as economically superior while Ukrainians cherish their freedom. Yet … economically the similarities are greater than the differences. Their current fundamental problem is their absence of real property rights. … Russia experienced an attempt at serious market economic reform from 1991-94 … avoid[ing] Ukraine’s … hyperinflation in 1993. While Russia’s situation was bad, Ukraine’s was far […]

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Few Russians Think ‘Era of Oligarchs’ is Over

Politics, Government, Protests, Elections
Arkady Dvorkovich file photo

(Paul Goble – Window on Eurasia – Staunton, January 28, 2018) At Davos, Russian Deputy Prime Minister Arkady Dvorkovich said that there aren’t any oligarchs left in Russia, a declaration that has attracted a great deal of attention both in Russia and abroad but very little support among Russians who continue to see oligarchs as an evil force in their […]

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NEWSLINK: “Russia’s Break From a Recession Was Fleeting” – Bloomberg/ Anna Andrianova

Economy, Business, Investment, Trade, Newslinks
Diverse Paper Currency, Coins, Line Graph

“After suffering its longest economic contraction this century, Russia may just have had the shortest recovery. JPMorgan Chase & Co. says the world’s biggest energy exporter probably capped last year with two consecutive quarters of contraction — or a technical recession — a surprise cooldown that ranged from struggling consumer spending to a flop in industrial output. …”

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RUSSIALINK TRANSCRIPT: “[Putin at] Visit to Tver Carriage Works” – KremlinRu

Politics, Government, Protests, Elections
Map of Russia and Russian Flag adapted from images at state.gov

(Kremlin.ru – January 10, 2018) During his working trip to the Tver Region, Vladimir Putin visited Tver Carriage Works, where he was informed about the plant’s operation and shown its finished products. The plant’s General Director Andrei Solovei informed the President about its performance indicators and the efficiency of the government support measures. Vladimir Putin visited a number of shops […]

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NEWSWATCH: “Gazprom gas exports to Europe rise 8% to new record” – Financial Times/ Henry Foy

Economy, Business, Investment, Trade, Europe, EU, JRL NewsBlog, Oil, Gas, Energy, United States, U.S.-Russian Relations
Gas Flame file photo

“Russia’s gas exports to Europe rose 8.1 per cent last year to a record level of 193.9bn cubic metres (bcm), the company’s head said … as the world’s largest gas producer continued to increase sales despite rising competition from LNG and other sources. Gazprom … has a monopoly over Russia’s gas pipelines to Europe [and] has been forced to reduce […]

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Lucy Komisar: Re: “Developments re Browder”

Politics, Government, Protests, Elections
Kremlin and Saint Basil's File Photo

Subject: Developments re Browder Date: Sat, 30 Dec 2017 From: Lucy Komisar you might be interested in one of these 1 About the new Magnitsky List – Browder targeted a lawyer involved in the $230 million tax refund fraud ten years ago who he had ignored since then. the man was put on the list exactly 2 months after he […]

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NEWSLINK: “Russia to Keep Its Grip on Europe’s Gas Market After Record 2017” – Bloomberg/ Elena Mazneva

Economy, Business, Investment, Trade, Europe, EU, Oil, Gas, Energy
Gas Facility file photo

“Russia is working to keep natural gas exports to Europe near record levels in 2018 after the continent’s biggest supplier, Gazprom PJSC, said its deliveries this year signal it is achieving on its ambitions to expand. …”  

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Putin signs decree on state policy to develop competition

Economy, Business, Investment, Trade, Politics, Government, Protests, Elections
Kremlin and River

MOSCOW. Dec 21 (Interfax) – Russian President Vladimir Putin has signed a decree on the main focus of state policy to develop competition, the Kremlin said in a press statement. “With the goals of strengthening the national economy, the future development of competition and not allowing monopoly activity, I hereby order that active assistance to develop competition in Russia be […]

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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

Economy, Business, Investment, Trade, Far East, Siberia, APEC, Newslinks
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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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

Economy, Business, Investment, Trade, JRL NewsBlog, Oil, Gas, Energy
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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NEWSLINK: “Independent Journalists in Russia Will Have to Live Without Their Western Role Models; The Western media’s controversial reporting is affecting independent journalism in Russia” – Moscow Times/ Oleg Kashin

Economy, Business, Investment, Trade, Media, Internet, Social Media, Television, Newslinks, Spies, Spy Allegations, United States, U.S.-Russian Relations
File Photo of Oleg Kashin Outdoors with Boat and Water in Background

“The Western press has discovered that structures close to the Kremlin bought shares in Facebook and Twitter – obviously with far-reaching political designs. * * * At some point, quantity becomes quality, and the Western press has already published so many inaccurate, exaggerated, and knowingly untrue things about this country that the only Russians who seriously consider Milner a Kremlin […]

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NEWSLINK: “Russia, Trump, and the 2016 U.S. Election; Charges of foreign power interference in the U.S. presidential election have raised grave national security concerns and touched off multiple federal inquiries that could drag on for months” – Council on Foreign Relations/ Jonathan Masters

Cybersecurity, Economy, Business, Investment, Trade, Newslinks, Spies, Spy Allegations, United States, U.S.-Russian Relations
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NEWSLINK: “Kremlin Cash Behind Billionaire’s Twitter and Facebook Investments” – New York Times/ Jesse Drucker

Economy, Business, Investment, Trade, Media, Internet, Social Media, Television, Newslinks, Spies, Spy Allegations, United States, U.S.-Russian Relations
File Image of Laptop Computer, Tables and Mobile Device, adapted from image at energy.gov » Read more
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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

Economy, Business, Investment, Trade, Europe, EU, Foreign Policy, Security, Visas, Newslinks, Politics, Government, Protests, Elections
Sergei Lavrov file photo » Read more
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NEWSWATCH: “Russia moves up to 35th place in the World Bank’s annual ‘Doing Business’ index” – bne Intellinews

Corruption, Law, Police, Courts, Crime, Economy, Business, Investment, Trade, Human Rights, JRL NewsBlog, Politics, Government, Protests, Elections
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

Economy, Business, Investment, Trade, Foreign Policy, Security, Visas, JRL NewsBlog, Latin America, Oil, Gas, Energy, United States, U.S.-Russian Relations, Venezuela
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

Agriculture, Economy, Business, Investment, Trade, Environment, Politics, Government, Protests, Elections
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: “Russia’s economic recovery not enough for higher rating: Moody’s” – Reuters/ Andrey Ostroukh

Economy, Business, Investment, Trade, JRL NewsBlog, Sanctions
Diverse Paper Currency, Coins, Line Graph

“Economic recovery in Russia is not strong enough to convince Moody’s rating agency to upgrade its sovereign credit rating as the country still lacks sufficient structural reform …. Moody’s downgraded Russia’s rating to below investment grade in early 2015 as Russia’s economy slipped into recession amid a rapid drop in oil prices and Western sanctions … over [Russia’s] role in the Ukrainian […]

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

Media, Internet, Social Media, Television, Spies, Spy Allegations, United States, U.S.-Russian Relations
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

Economy, Business, Investment, Trade, Newslinks, Politics, Government, Protests, Elections
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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Russia Goes All In On Arctic Oil Development

Arctic, Economy, Business, Investment, Trade, Oil, Gas, Energy
Arctic Map

(Oilprice.com – Tsvetana Paraskova – October 19, 2017) Neither sanctions nor persistently low oil prices are hindering Russia’s ambitions or plans to develop oil resources in its sections of the Arctic. In April, state-controlled oil giant Rosneft started drilling the northernmost well on the Russian Arctic shelf in the Khatangsky license area in the Laptev Sea. In June, Rosneft struck […]

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A Corruption Trial Splits the Kremlin; The former economy minister got caught in a sting, and no one knows where Putin stands.

Corruption, Law, Police, Courts, Crime, Economy, Business, Investment, Trade, Oil, Gas, Energy, Politics, Government, Protests, Elections
File Photo of Kremlin Tower, St. Basil's, Red Square at Night

(Bloomberg – bloomberg.com – Evgenia Pismennaya, Ilya Arkhipov, Henry Meyer, Irina Reznik – October 11, 2017) The first prosecution of a minister for graft under Russian President Vladimir Putin contains the kind of details you’d expect in a spy novel, from hidden microphones and coded hand signals to homemade sausages and a bag stuffed with cash. The case against former […]

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Navalny Fund Publishes Retractions in Usmanov Libel Suit

Corruption, Law, Police, Courts, Crime, Economy, Business, Investment, Trade, Media, Internet, Social Media, Television, Politics, Government, Protests, Elections
Alisher Usmanov file photo

(Moscow Times – themoscowtimes.com – October 11, 2017) The Anti-Corruption Foundation has complied with a court order to publish retractions related to a video critical of Prime Minister Dmitry Medvedev. Foundation founder and opposition leader Alexei Navalny was sued for libel in April by Uzbekistan-born Russian oligarch Alisher Usmanov over allegations of bribery. Navalny is currently serving a 20-day jail […]

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

Budget, Economy, Business, Investment, Trade, Middle East, North Africa, Oil, Gas, Energy, Saudi Arabia
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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The Best Quotes From Putin at the Russian Energy Week Forum

Politics, Government, Protests, Elections
Vladimir Putin file photo with VOA logo; screen shot from video still

(Moscow Times – themoscowtimes.com – October 4, 2017) President Vladimir Putin took part in the Russian Energy Week forum in Moscow on Wednesday, where he spoke about North Korea, his relationship with U.S. President Donald Trump and electric cars. Here are some of the highlights: On the elections next year – “I haven’t decided whether I’m going to run at […]

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Saudi Arabia to Plan Russia Deals, Deepening Energy Ties

Economy, Business, Investment, Trade, Middle East, North Africa, Oil, Gas, Energy, Saudi Arabia
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: “Yandex, a Russian Success Story and Putin’s High-Tech Tiger” – Moscow Times/ Elizaveta Osetinskaya

Economy, Business, Investment, Trade, Media, Internet, Social Media, Television, Politics, Government, Protests, Elections
File Image of Stylized Eye Surrounded by Binary Code

“Last week, Yandex, the giant search engine and a symbol of Russian tech prowess, celebrated its 20-year anniversary. Its founder Arkady Volozh played host to … Putin, who praised Yandex at its stylish glass headquarters in downtown Moscow. … Bloggers sarcastically pointed out that the Russian leader famously doesn’t use the internet and once described it as the brainchild of the […]

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