Latest Articles about Russia

Economic Catastrophe Propels Russia into an Identity Crisis

The economic crisis is affecting Russia worse than most developed or emerging economies, but its direct impact, such as the recession in industry that is expected to become even more serious in February, is multiplied by the psychological shock from the sudden collapse of belief... MORE

Tensions Increase in the Gulf over Iranian Nuclear Projects

This week Sergei Kiriyenko, the chief of Russia's Federal Atomic Energy Agency (Rosatom), went to the Persian Gulf port of Bushehr to announce that Russia had completed construction of Iran's first light-water, industrial, 1,000-megawatt nuclear power reactor. Kiriyenko told journalists that "The construction stage of... MORE

Russia’s New Energy Doctrine

The Kremlin articulated some details of its new assertive energy strategy, following the inauguration of a major energy project on the Pacific island of Sakhalin and a significant energy deal with China. Russian President Dmitry Medvedev dismissed perceived attempts to exclude Russia from global energy... MORE

Russian Economy Slows Down, but Protest Activity Remains Feeble

The new economic data released by the Russian Federal Service of State Statistics (Rosstat) last week surprised even the doomsayer-economists, who have become the mainstream in this discredited profession. The key statistic was the drop in industrial output in January by 16 percent compared with... MORE

Russia Enters Global LNG Market Thanks to Foreign-Built Plant

Russia's first-ever plant for liquefied natural gas (LNG) was inaugurated near Yuzhno-Sakhalinsk on February 18 in the presence of Russian President Dmitry Medvedev, Britain's Prince Andrew, Netherlands Economic Affairs Minister Maria van der Hoeven, and Japanese Prime Minister Taro Aso. The plant will process gas... MORE