Aleksei Ulyukayev, the Russian Minister for Economic Development, was arrested late last night, charged with receiving a $2 million bribe for endorsing the sale of a controlling interest in the oil company Bashneft to Rosneft, Russia’s largest oil company.
Welcome to our column, Russia Update, where we will be closely following day-to-day developments in Russia, including the Russian government’s foreign and domestic policies. The previous issue is here, and see also our Russia This Week stories ‘Anti-Maidan’ Launched by Nationalists, Cossacks, Veterans, Bikers and The Guild War – How Should Journalists Treat Russian State […]
In the last two days we have witnessed an incredible, rapid, steep, and perhaps unstoppable collapse in the value of the ruble. As of 9:15 AM Eastern today, the ruble is down more than 13%. By the time I publish this, that figure will be out of date. One look at today’s graph shows that […]
Updated Daily. This week’s issue: – Ruble Falls To Record Low After Prosecutors Confirm Lawsuit to Nationalize Bashneft – What is Yevtushenkov’s Relationship to Support for Russian-Backed Separatists in Ukraine? – Prosecutor Demands Return of Bashneft Shares to State; Yevtushenkov To Remain Under House Arrest – Russians Polled Find Putin ‘Most Moral’ Figure; But Some […]