Jan
28
Moscow Costs but Pays
January 28, 2008 | 29 Comments
The fact that Moscow is expensive city is well known. For the second consecutive year, the Cost of Living Survey, which is conducted by the Mercer Human Resource Consulting has ranked Russia’s capital as the most expensive city in the world. Expensive it is. For western expatriates. But what [...]
Jan
25
Vladimir Vysotsky Turns 70
January 25, 2008 | 14 Comments
Today would have been the famed Soviet bard, actor, and conscious of a generation Vladimir Vysotsky’s 70th birthday. Vysotsky, who died in 1980 at the age of 42 from heart failure, perhaps proves once again that “its better to burn out, than to fade away.” True enough. Vysotsky’s great cultural impact in [...]
Jan
23
Russian Markets on “Rollercoaster Ride”
January 23, 2008 | 22 Comments
Stock markets around the world continue to fall despite the Bush Administration’s preemptive strike before the New York Exchange opened on Tuesday. The Federal Reserve tried its own version of shock and awe as it cut interest rates a “dramatic” 0.75 percent. The monetary defibrillator worked for a bit. The New York Exchange [...]
Jan
22
“The Massacre”
January 22, 2008 | 14 Comments
What a way to start a campaign. Dmitri Medvedev officially becomes a candidate for President of Russia and the stock market tanks. Probably not the soundtrack he would have chosen for his coming out party. The Russian press is screaming in terror. I’m sure someone will eventually blame it on the Americans.
The Russian stock market [...]
Jan
21
Medvedev Little Cash and No Ride
January 21, 2008 | 10 Comments
Last week, the Central Electoral Commission released information on the wealth of Gennady Zyuganov and Vladimir Zhirinovsky. Today we got a glimpse at how high presidential favorite Dmitri Medvedev’s paper stack is. According to papers Medvedev filed for his candidacy, in the last four years he earned $71,000, owns a 367.8 sq. meter [...]
