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Tag "Russian economy"

The Russian economy – ‘small’, ‘impotent’, ‘insignificant’: true or false?

by Arcturus Le for the Saker Blog In the west, there is perennial bluster about the putative ‘weakness’ of the Russian economy. It is widely accepted as ‘fact’ that the Russian economy is somewhere miserably outside the ‘Top 10’ global economies by GDP, sinking ever deeper year by year towards #15, embarrassingly behind such smaller countries as South Korea, Canada, Italy and on par with countries like Spain, Australia, and

Russian Economy Presents a New Surprise by Evgeny Super

Translated and captioned by Leo. Make sure to press CC to turn on English captions.   The American agency Bloomberg has published a report on the state of developing countries. Russia has changed its place immediately to five positions, which was a complete surprise for many. How did this happen and what follows from this – we will explain after the news bulletin.   News time In the Rostov Oblast

Kudrin offers to surrender to the West for the lifting of sanctions, by Ruslan Ostashko

Translated and subtitled by Scott Humor The Chairman of the Accounts Chamber Alexei Kudrin had actually offered to surrender to the West in exchange for lifting of sanctions. This is according to his statement made at the meeting of the board of The Russian Union of Industrialists and Entrepreneurs (RSPP).   After the Ukrainian Maidan, a subtle joke was popular on the Runet that once the most successful business operation

President Putin’s Q&A at the Russian Energy Week International Forum

Vladimir Putin addressed the plenary session of the second Russian Energy Week Energy Efficiency and Energy Development International Forum. The forum is taking place in Moscow on October 3–6. Its main theme is Sustainable Energy for the Changing World. The forum will be attended by representatives of the largest international companies and organisations, and leading experts. About 60 business events will be held within the framework of the official programme. * * * Speech at the plenary session President of Russia Vladimir Putin: Friends, ladies and gentlemen, colleagues. I am very happy to welcome the participants

Moscow to re-settle, Russia to be divided by 14. What’s in government’s plans, by Time, Forward!

Translation and subtitles by Scott Humor Post and video in Russian language. Russia is on the edge of big changes. So big, perhaps, that were not seen for an entire modern period of existence of our state. Because of large-scale administrative reforms, Moscow will no longer be the only center of interests, and the country will be divided into 14 macro-regions. About all this and more in our today’s issue.

Russia has started building its own Internet, by Evgeni Super

Translated and subtitled by Scott Humor   Time, Forward! Is the project of journalist Evgeni Super Russia has started building an alternative Internet, not on paper, but in reality. Why do we need it, and how it will work will be analyzed in today’s issue. Click the CC button for English subtitles. Time of Technology   Russia has started work to create a global satellite Internet system “Sphere”. The project

On sanctions

by Scott Humor On Monday April 16, a well-oiled machine of anti-Russian sanctions experienced a major hiccup. This day the US Treasury promised to announce new sanctions against Russia’s companies and persons, if  the US Ambassador to the UN Nikki Haley to be believed. Why would the US Ambassador to the UN do such things as announcing the US Treasury’s plans is everyone’s guess, especially since this Monday, when it

Made in Russia V SITREP

by Scott Humor Made In Russia SITREP IV What does Russia produce? 3 What does Russia produce? 1 What does Russia produce? 2    Time – Forward! #253  Russian transcript We often hear that Russia spends too much money for the defense and that we should give this money away to poor people and pensioners.  Let’s see if this statement is true. But before, a few news for the past

NATO at war and other statistical marvels

by Scott Humor NATO Parliamentary Assembly Spring Session, Tbilisi, 26-29 May 2017 “The capital of Georgia, Tbilisi is a historic and a strategic place in the Caucasus region, which gave the country an opportunity to be a connecting hub between the West and the East Unfortunately, our progress is not a pleasant development in the region for some, like the Russian Federation. Moscow has militarily violated Georgia’s territorial sovereignty and

What does Russia produce? 1

by Scott Humor This past September, in one of his regular interviews with the newspaper Parlamentní Listy, retired Czech Major General Hynek Blaško commented on the possibility of a conflict between Russia and NATO with a following anecdote: “I have seen a popular joke on the Internet about Obama and his generals in the Pentagon debating on the best timing to attack Russia. They couldn’t come to any agreement, so they decided to

Stratfor’s and others forecasts for Russia in 2016: Hit or Miss, by Scott

Despite claim that Western sanctions were supposed to target just parts of Russia’s economy and not its general population, they were specifically designed to trigger the collapse of its banking system, food production,  civil construction, and to trigger massive unemployment, widespread hunger and civil unrests.  In essence, in 2016 Russia was supposed to have a return of the 90s catastrophe period known as “perestroika.” As for Russia’s involvement in Syria,

Paul Craig Roberts and Michael Hudson: “Russian government is reconsidering the neoliberal policy”

by Paul Craig Roberts and Michael Hudson According to various reports, the Russian government is reconsidering the neoliberal policy that has served Russia so badly since the collapse of the Soviet Union.  If Russia had adopted an intelligent economic policy, its economy would be far ahead of where it stands today.  It would have avoided most of the capital flight to the West by relying on self-finance. Washington took advantage

Paul Craig Roberts and Michael Hudson: Privatization Is the Atlanticist Strategy to Attack Russia

NOTE: Readers are asking to know who, in addition to the Western-financed NGOs, are the Fifth Columnists inside Russia. Michael Hudson and I left the description general as Atlanticist Integrationists and neoliberal economists. The Saker provides some specific names. Among the Fifth Columnists are the Russian Prime Minister, head of the Central Bank, and the two top economics ministers. They are springing a privatization trap on Putin that could undo

Russia Rebounds, Despite Sanctions

By Matthew A. Winkler for ==>>Bloomberg<<== (yes, Bloomberg not the Kremlin’s press office!) Sanctions meant to punish Russia for snatching Crimea from Ukraine one year ago were supposed to hurt Russian business. And they did. Russian stocks, bonds and commodities had the worst performance in 2014 of those in any emerging market. That was then. Now the picture is changing, with investors starting to favor Russia in 2015. The ruble,

Western sanctions broke the old economic model. Perhaps, for the better?

By Alexei Polukhin Source: Западные санкции сломали старую экономическую модель. Может, и к лучшему? Translated by Eugene   Russia has become a two-time holder of “junk” or, put it milder, speculative sovereign rating after Moody’s — the second member of the global “big three” of rating agencies – followed Standard & Poor’s in revising the credit standing of our country. While in the first instance the reaction of the Russian

A Malaysian Alternative Strategy for Russia?

by “Diogenes” First of all, let me say that with all my respect to Dr.Glaziev in person, and his economical and political views, I have to make some reservations and comments. He never worked in real sector of economy, industry or the bank. His academic education and background is so called Economic Cybernetics. His postgraduate studies and Doctoral thesis were done in Central Economic-Mathematical Institute of the Russian Academy of

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