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In March, Russia was faced with the unsavory prospect of a considerable loss of funds kept by Russian enterprises and individuals in Cyprus, traditionally one of the most attractive jurisdictions for Russian businesses A signifi cant portion of those funds was frozen or seized by the Cypriot...
Persistent link: https://www.econbiz.de/10010667831
January 2013 saw yet another surge in protests in Russia – now caused by Vladimir Putin’s approval, on New Year’s eve, of the draft law banning U.S. citizens to adopt Russian orphans (it should be noted that Russia’s authorities have so far failed to offer the orphans anything worth...
Persistent link: https://www.econbiz.de/10010667853
The October 2012 single day of voting produced approximately the same results for United Russia as were achieved by it in the 2011 parliamentary elections. The CPRF also had a good showing at the polls. The two other parliamentary parties – Fair Russia and the LDPR – did not manage to...
Persistent link: https://www.econbiz.de/10010667854
In December, the Russian authorities made several symbolic gestures designed to sway public opinion both at home and abroad in favor of their policies. Thus, they pardoned Michail Khodorkovsky, Russia’s number one po¬litical prisoner, and declared a large-scale amnesty marking the 20th...
Persistent link: https://www.econbiz.de/10010739653
The situation in eastern Ukraine and Russian-Ukrainian interstate relations saw a certain de-escalation in June 2014. In particular, Russia recognized new Ukrainian President P. Poroshenko. However, the situation remains to be tense. The east Ukrainian armed groups cannot see how they may exist...
Persistent link: https://www.econbiz.de/10010812379
In September 2013, voters cast their ballots on Russia’ single voting day. The results of voting differed greatly from one region to another: in some regions, where the voting procedure had become a mere formality, United Russia managed to win from 40 to 80% of the votes cast, while in the...
Persistent link: https://www.econbiz.de/10010705847
The political highlight in October became the mass ethnic riot in a Moscow’s uptown district of Birulyevo. The unrest proved the rise of ethnic problems in big cities. While the authorities met the rioters’ local claims (they found the killer and shut down the vegetable warehouse with a...
Persistent link: https://www.econbiz.de/10010719935
In November 2014, Vladimir Putin declared that he had no intentions to become Russia’s president-for-life. In spite of Putin’s assurances, this public statement has inevitably sent an alarming signal to society. In November 2014, a court of justice seized the company Bashneft from Vladimir...
Persistent link: https://www.econbiz.de/10011122136
In December 2014, Russia’s authorities faced a severe foreign exchange crisis, which forced them to increase the CBR key interest rate to 17% and to order a number of major state-owned companies, including Gazprom and Rosneft , that their foreign exchange reserves should be brought back to the...
Persistent link: https://www.econbiz.de/10011163322
In October the current turmoil in Russia’s international relations palpably stagnated. At the same time, Russia’s economic-political scene displayed alarming portents of future troubles in her business environment: it is not an exaggeration to say that, in October, Russia found herself on...
Persistent link: https://www.econbiz.de/10011085074