Moscow is home to the largest number of billionaires and in Russia, there are nearly 100 billionaires. Due to recent economic developments and the drop in oil prices, the oligarchs, who rose to prominence under Gorbachev, have lost a combined total of $200 billion. Help is here.
posted by gman on Oct 30, 2008 - 21 comments

As many peoples eyes will be elsewhere the readers of the blue may not have seen the red flowing in the streets of Mother Russia. Russia’s two main bourses, RTS and MICEX, said on Wednesday they were suspending trade until further notice. How bad? Russian shares suffered their steepest one-day fall in more than a decade on Tuesday, losing up to 20 per cent, as a sharp slide in oil prices and difficult money market conditions triggered a rush to sell. [more inside]
posted by rough ashlar on Sep 17, 2008 - 67 comments

Did Vladimir Putin really turn around Russia's economy? Washington Post's Fred Hyatt attempts to refute the conventional wisdom that Putin was responsible for Russia's turnaround from the economic instability of the "disastrous" 90s by offering a thorough counter argument to prove that Putin's effect on the economy was just the reverse. [more inside]
posted by gregb1007 on Jan 18, 2008 - 26 comments

Global warming -- the upside: the entrepreneurs poised to make millions from new ports and shipping lanes in the formerly ice-bound Arctic circle. A fascinating New York Times article on the international land-grab following the news (reported here, discussed here, whitewashed here, et. al.) that the polar ice caps and Siberian permafrost are melting. Goodbye Gulf Stream, hello Club Med Santa-style -- first SUV to the North Pole wins!
posted by digaman on Oct 10, 2005 - 53 comments

Russia to price oil in euros
posted by poodlemouthe on Oct 10, 2003 - 43 comments

Russia to Sign Oil Deal with Iraq. We saw this coming (right?) But is the timing significant?
posted by Shane on Aug 30, 2002 - 9 comments

According to this editorial, the Russians have outmaneuvered the US oil interests by encouraging the Northern Alliance to take Kabul. "The alliance is now Afghanistan's dominant force and, heedless of multi-party political talks in Germany going on this week, styles itself as the new "lawful" government, a claim fully backed by Moscow."
posted by electro on Nov 28, 2001 - 14 comments