Russia has yielded many leading industrial companies that rank among global leaders in mining, metallurgy, petrochemicals and telecommunications. Despite the rapid development of the regional economy and the strides made over the past 20 years, WTO membership promises to be an important catalyst for growth in the Russian market.
Tens of thousands of protesters marched through the streets of downtown Moscow Tuesday in a show of opposition force which is the clearest indication yet that the pro-democracy movement brought to life by widespread perceptions of electoral fraud last December has become a permanent feature of Russia's political landscape, the Christian Science Monitor reports.
A sale by BP of its 50 percent stake in Russian venture TNK-BP now could be a bad move, Liam Halligan, chief economist at Prosperity Capital Management, told CNBC’s “Squawk Box Europe.”
Russia’s typical out-of-step response to global events – the latest its refusal to condemn the Assad regime in Syria – show its increasing insignificance on the world stage, Nouriel Roubini, chairman of Roubini Global Economics and Ian Bremmer, president of Eurasia Group, argue in an op-ed in the Financial Times
Vladimir Putin is back as president-elect. He was first elected in 2000. Since his election the term has been lengthened to 6 years, so he's definitely in the top job through 2018. And possibly through 2024 (at which stage he'll be 72 and in charge of Russia for half his adult life), if he manages another term as is constitutionally permitted.