Staunton, May 1 – Fewer than one Russian in five has been beyond the borders of what was the Soviet Union in the last five years, and only one in 16 currently travels abroad on a regular basis. But the declining value of the ruble as a result of Moscow’s actions in Ukraine and Western […]
Staunton, April 27 – When an individual, a leader or a country takes something personally rather than viewing it as being in the way of business, that makes the situation far more dangerous because the usual options others have for countering actions taken on the basis of hard-headed calculation fall away. Still worse, such shifts […]
Staunton, April 23 – Russians want to live well in a strong state, according to discussions at the Valdai Club last fall. But an economist says Moscow’s failure to modernize the economy could soon force a choice between guns and butter – or even put Russia at risk having less of both. That Russians should want […]
Staunton, April 8 – Many in both Moscow and the West believe that the US destroyed the USSR by driving down oil prices and could do the same thing with the Russian Federation now, but in fact, the West did not deploy the oil weapon that effectively in the past and could not do so […]
Staunton, April 7 – The domestic consequences of Moscow’s Crimean policy combined with Russia’s weakening economic prospects will drive ever more young Russians to seek work and possibly permanent residence abroad, an “exodus” that will hurt the country far more than any of the sanctions announced so far, according to Yevgeny Gontmakher. In today’s Moskovsky […]
Ousted President Viktor Yanukovych has given a definat speech today, while Ukraine’s new Prime Minister Arseniy Yatsenyuk tries to find a path forward to rebuild the government. Yesterday’s liveblog can be found here. For an overview and analysis of this developing story see our latest podcast. Please help The Interpreter to continue providing this valuable […]
Staunton, March 28 – Russian society is experiencing euphoria over what Vladimir Putin proclaims and many of them feel that with the seizure of Crimea, Russia has regained “the status of a great power.” But Moscow commentators warn it is far easier to claim or even believe Russia is again a great power than it […]
Staunton, March 28 – Former Russian finance minister Alexei Kudrin has said and official Russian news agencies have reported that that Russia’s annexation of Crimea is going to have extremely deleterious effects on the Russian economy, including massive capital flight, and any hope of real economic growth this year. Kudrin said yesterday that Russia will […]
With the September 8 election fast approaching, the Moscow mayoral race is heating up. Thus far, the campaign has been the most contentious in a major Russian election in recent memory, with mayor Sergei Sobyanin’s surprise resignation and bid for reelection, and activist Alexei Navalny’s dramatic entry onto the electoral scene, despite a conviction for […]
One of Russia’s banks took a loan from Bank of Russia in order to stay afloat. However, that bank also owed creditors billions of rubles. An appeals court has pronounced that the bank rightfully transferred money to the Central Bank before its other creditors. This decision, however, means that now that the bank is bankrupt, […]
