Tag: 1998 Russian economic crisis

The Show Trial Must Go On

March 11, 2016

The actors change, but the stage always looks the same. The wood-paneled courtroom. The officious judge robed in black. The stern prosecutor. That creepy cage for the accused and the stone-faced cops guarding it. And the defendant in the dock — sometimes somber, sometimes defiant. The script changes, but it always follows the same template: […]

Russia Update: Central Bank Establishes Official Rate of Ruble to Dollar at New Low

December 18, 2015

The Central Bank or Bank of Russia today established the official rate of the ruble to the dollar to 74.1 rubles per $1 and the euro to 77.4 rubles per euro, thus hitting a new low in value since the 1998 crash Welcome to our column, Russia Update, where we will be closely following day-to-day […]