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Russian markets on rough seas of politics
Wednesday, 14 December 2011 16:52

RIA Novosti / Vladimir Astapkovich

The outcome of Russian politics is having a profound effect on the country’s economic scene, with the stock market suffering after last week’s protests.

Stock markets are an indicator of general investor sentiment, and their movement was clear proof of how big an impact political issues had in Russia last...

South Stream will stay Southward
Wednesday, 14 December 2011 16:52

Russia’s Gazprom is to make radical changes to its South Stream gas pipeline project to Southern Europe.

The gas monopoly has decided to completely by-pass Austria’s East European gas hub (CEGH) and terminates the pipeline in Northern Italy. The proposed southern leg of the pipeline through Greece to Italy will be abandoned.

The changes mean...

European Parliament approves cocktail-like resolution against Russian elections
Wednesday, 14 December 2011 16:17
It is not the first time, when the European parliament does that, but still, it seems strange. They prefer not to wait for the results of the summit. Resolutions from the European Parliament are something mechanical, they are like a cocktail of something positive, something negative and something incompatible. This particular case is no exception...
Russia is protesting against unfair elections, not against Putin | Ekaterina Zatuliveter
Wednesday, 14 December 2011 16:07

Russians are not naive; we know past elections have been dirty. But United Russia's shameless cheating represents a new low

The Russians are not the French. We don't go on the streets every weekend for a protest simply because we have no other plans. The Russian people only protest openly when we are hurt to the bottom of our hearts. We aren't...

Russia's grain production up pushing prices down
Wednesday, 14 December 2011 16:01

RIA Novosti / Aleksandr Kryazhev

Russia increased grain production by one third in 2011, which is widely expected to put further downward pressure on prices.

The country's return to the global market this summer has already contributed to a cut in world food prices, according to many experts.

Russia harvested 92 million tonnes of grain, a...

Russian publisher fires executives over magazine insults to Putin
Tuesday, 13 December 2011 14:19

A Russian oligarch has fired the senior management at a leading publisher, Kommersant, after its weekly news magazine insulted Vladimir Putin.

The general director of the publisher's holding company, Andrei Galiyev, was fired along with Maxim Kovalsky, the editor-in-chief of the magazine, Kommersant Vlast.

And the general director of the Kommersant...

Russian editor fired over anti-Putin jibe
Tuesday, 13 December 2011 13:52

Alisher Usmanov axes Kommersant Vlast editor-in-chief after magazine publishes photos insulting PM

The editor of a prominent Russian magazine has been fired after publishing a photograph containing an obscene message addressed to the prime minister, Vladimir Putin.

Alisher Usmanov, the billionaire owner of Kommersant publishing house and a major...

Oops, he did it again
Tuesday, 13 December 2011 12:10
Russian billionaire Mikhail Prokhorov announced his intention to run for the position of the Russian president. "This is the most serious decision in my life. I am taking part in the presidential election," Prokhorov stated at a news conference in Moscow. The entrepreneur will notify the Central Election Commission of his decision this week...
Russians do not need another revolution
Monday, 12 December 2011 10:11
Experts continue to comment the meeting, which took place in Moscow on Saturday, December 10. Some say that the meeting against the results of the parliamentary elections was a political flashmob. Other say that it was a normal element of democracy, which demonstrated that Russia was no different than any other Western democracy...
Russians come out in force to protest against alleged electoral fraud
Saturday, 10 December 2011 18:22

Tens of thousands defy bitter cold and fear of crackdown in challenge to victorious party of Vladimir Putin

Up to 50,000 people braved the cold and snow on Saturday to turn out for the largest ever protest against the rule of prime minister Vladimir Putin.

Bolotnaya Square, across the river from the Kremlin in central Moscow, was filled to...

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