The situation in Ukraine ratcheted up sharply in April 2014 in the Dontesk and Lugansk Regions, where armed insurgents seized the regional administration buildings. Negotiations in Geneva between officials from Russia, Ukraine, the United States, and the European Union came to an agreement on...

Tensions in the eastern Ukraine were eased a bit in May 2014, although the causes of the confl ict still remain to be resolved. There is a fragile balance today between the Ukrainian military forces and the armed groups of supporters of federalism in Donetsk and Lugansk regions. In the...

In July 2014, against the backdrop of an escalating confl ict in Ukraine and the crash of a civilian passenger airliner in the active combat zone there, the OECD’s sanctions against Russia were severely toughened. A ban was imposed on the issuance of long-term loans (for periods over 90 days)...

In August 2014, Russia’s authorities announced that the funded component of labor pensions would remain frozen in 2015 – something that they had previously adamantly denied. This decision is fraught with numerous negative long-term consequences, including the erosion of the impetus to be...

In September 2014, the RF Government approved a draft budget for 2015. In so doing it rejected the idea of increasing taxes and found an intermediate solution for the preservation of the funded component of labor pension without, however, making a fi nal decision as to its future. On the other...

In May 2013, RF President Putin continued his criticism of the government, which took the form of a well-planned media campaign designed to shift the blame for every adversity and failure in the country onto the Cabinet of Ministers. It is expected that this campaign will culminate in the...

In June 2013, the ruble was slightly devaluated with a view to increasing ruble budget revenues amid slow-down in economic growth. A.Ulyukayev was appointed a new Minister of Economic Development, replacing A. Belousov, which most probably means an attempt to observe moderation in government...

In July 2013, Russian opposition leader Aleksei Navalny was sentenced to fi ve years in prison. It appears, however, that he would be allowed – on procedural grounds, since no appeal hearing has been held yet – to run for mayor in mayoral elections in Moscow on September 8, 2013. A...

In August, Victor Ishaev was dismissed from his post as Russia’s Minister for the Development of the Far East – his extravagantly costly approaches to solving the region’s problems without having made even a feeble attempt at setting any priorities, had finally infuriated both the RF...

In November 2012, RF Minister of Defense Anatoly Serdiukov, accused of abetting corruption in his ministry, was sacked from office; former Deputy Minister of Regional Development was arrested; criminal proceedings against the managers of Rostelekom and the former top officials of the RF Ministry of...