Economics

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Funding of Russian Army to be Substantially Increased

After an analysis of Russia’s military campaign in South Ossetia and Georgia, the Russian Army’s funding will be substantially increased.

Aug 14, 2008 | Continued
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Medvedev Wants Russia to Stop Scaring Business

Speaking at a conference for small and mid-sized businesses, Russian President Dmitri Medvedev said law enforcement agencies and the government must “stop causing nightmares for business.”

Jul 31, 2008 | Continued
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Russia’s 2008 Inflation Outlook Raised

Russia’s Ministry of Economic Development and Trade has raised the upper end of its inflation outlook up from 10.5 to 11.8 percent for 2008.

Jul 30, 2008 | Continued
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Putin and Russia’s Collapsing Stock Market

In an article for the Yezhednevny Zhurnal, journalist Yulia Latynina comments on the evolving situation around Mechel, a Russian coal mining company that has lost a great deal of its market capitalization after a reprimand by Prime Minister Vladimir Putin.

Jul 29, 2008 | Continued
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Medvedev Signs Law on Arctic Resources

Russia’s president has signed a law which lets the government hand-pick which companies can tap into the vast resources thought to lie below the Arctic Ocean.

Jul 19, 2008 | Continued
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Russian Democratic Opposition Releases Political Program

Russia’s unified democratic opposition has released a new program for reforming the country’s socio-political and socio-economic situation.

Jul 10, 2008 | Continued
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Russia Drops in Corruption Ranking

Russia is among the world’s most corrupt countries, according to the latest ranking by Transparency International.

Jun 30, 2008 | Continued
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Competition Still Lacking – Russian Anti-Monopoly Service

A new report from Russia’s Anti-Monopoly Service finds that the greatest threats to competition in Russia’s economy are state corporations, monopolies, and the clout exerted by major businesses.

Jun 27, 2008 | Continued
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Foreign Wars Are Profitable – Russian Deputy PM

Russia’s Deputy Prime Minister, Sergei Ivanov, has said that Russia profits and will continue profiting from foreign wars.

Jun 9, 2008 | Continued
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UN Says Russia Shot Down Georgian Spy Plane

The United Nations has concluded that Russia was responsible for shooting down a Georgian spy drone in April, violating ceasefire agreements.

May 27, 2008 | Continued