On June 18, 2013, President Putin warned that government revenues would be less than previously expected and that the budget policy for 2014-2016 had to be planned accordingly. He also said that while revenues from natural […]
Read MoreMost observers agree that after making generous promises during the presidential election campaign, Vladimir Putin has finally realized that Gazprom is no longer the state’s cash cow. In October, he […]
Read MoreAs more and more countries explore the possibility of shale gas, Russia’s reliance on energy exports for future economic growth looks more and more fragile. As rising political risk spooks […]
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