Category Archives: oil

What’s Wrong with Russia? – Intro

A lot of ink is spilled over this question in Western – especially American and British – media outlets and think tanks.  The meme is so pervasive that it is nearly impossible to discuss Russia without at least one reference … Continue reading

Posted in Business and Economy, Cold War, crisis, democracy, Economic development, economics, elections, foreign investment, media, oil, rankings, reform, rule of law, russia, Russian economy | 3 Comments

Russia’s Economic Crisis – Oil Revenues and International Reserves (or Where Did All the $$$ Go?)

In my first post, I wrote that Russia’s economic troubles were largely the product of short-term factors, specifically the excessive reliance on foreign bank loans by major Russian enterprises and the sudden collapse in the price of oil. These problems … Continue reading

Posted in economics, foreign investment, oil, reserves, Russian economy | 1 Comment

Russia’s Economic Crisis – Separating the Forest from the Trees – Part I (trees)

Even though I have not posted in a while (exams), it has been exciting to see how much Western media coverage Russia received over the past months and weeks, even if it was almost entirely negative. Just the other day … Continue reading

Posted in economics, oil, Russian economy | 1 Comment

Arrest Warrant for Former Russneft Boss Issued

Russian (Gazeta.ru’s analysis here) and now Western news wires are reporting that an arrest warrant has been issued for Mikhail Gutseriyev, founder of Russian oil company Russneft. Gutseriyev resigned last month after the Interior Ministry accused him of tax evasion … Continue reading

Posted in Gutseriyev, oil, Russneft, takeover

Arrest Warrant for Former Russneft Boss Issued

Russian (Gazeta.ru’s analysis here) and now Western news wires are reporting that an arrest warrant has been issued for Mikhail Gutseriyev, founder of Russian oil company Russneft. Gutseriyev resigned last month after the Interior Ministry accused him of tax evasion … Continue reading

Posted in Gutseriyev, oil, Russneft, takeover