Latest Articles about Russia

Alternative Gas Suppliers Face Overproduction in Russia

Russia's independent natural gas producers (IGPs) account for a growing share of domestic output, but they are now facing turbulent times amid the global financial crisis and the subsequent domestic economic downturn, as well as problems with sales and gas transit. The role of independent... MORE

Medvedev Publicly Supports Serdyukov

Since 2000 the Russian defense budget has grown manifold, as did the country's oil wealth. Last fall a three-year (2009-2011) budget was approved that envisaged hikes in defense spending (see EDM, September 18). Soon after, a radical military reform plan was approved to drastically cut... MORE

Russian Anti-Crisis Policy Is Adrift Without Direction

Russia took part in two different economic forums last weekend where conflicting propositions for overcoming the global crisis were advanced. Moscow had little to contribute to any course. Finance ministers of the G20 gathered in Horsham, UK, to prepare the agenda for the summit of... MORE

Russia No Longer Controls the Situation in Dagestan

The events taking place in the largest North Caucasian republic raise serious questions about the degree of control that the local authorities—and primarily the law enforcement agencies led by Dagestani Interior Minister General Lieutenant Adilgirei Magomedtagirov—have over the situation on the ground. Early on March... MORE

Putin, Gazprom Bluffing to Hungarians on South Stream

On March 10 in Moscow, Gazprom and Hungary's Development Bank signed the initial documents for a joint venture to implement Gazprom's South Stream pipeline project on Hungarian territory. The respective chairmen, Alexei Miller and Janos Eros, signed the documents in the presence of Prime Ministers... MORE