The current projections for the 2017 budget suggests once again, as in Soviet times, Russia’s future is being mortgaged in the name of its military aspirations.
Russia’s economy is doing better. Though not in the sense that growth rates are set to return to their 2000s highs of between 7-8%. To get back there the country needs to privatise state owned enterprises and make some deep structural changes.
Reforms will bring the Ukrainian power sector into line with EU regulations, ushering in modernisation of infrastructure and ultimately lower production costs – if the government can get the changes past the oligarchs.
For the first time since 2008, Opec has announced a coordinated production cut of approximately 0.5mn b/d, limiting its total output to 32.5mn-33mn b/d. But can Opec make the cut work?
If Putinism is a hybrid democracy, an essentially authoritarian system behind a pseudo-democratic facade, then it is also increasingly becoming a hybrid market.
If Trump really decides to cozy up to Russia and President Vladimir Putin, Ukraine could find itself as the ‘wedding present’ in this ‘marriage’.
The question that many in Russia and those who have, or are considering investing in Russia, are asking is, what does a Trump president actually mean for Russia risk?
Russia’s pension system: how it works, what challenges it faces, and what these challenges mean for Moscow and the country as a whole.
What’s left for Saakashvili? With his options of first resort, such as a triumphant return to Georgia, no longer in the offing, Misha has chosen the last remaining road available to him: Ukrainian national politics.
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