January 23, 2009 — Contents

FRIDAY JANUARY 23 CONTENTS

(1)  EDITORIAL:  Bandit Nation

(2)  EDITORIAL:  The Russian Stock Market, back in Freefall

(3)  One Photo is Worth a Thousand Putin Screams

(4)  WaPo on Markelov

(5)  Russia’s Grand Strategy in the Ukraine

(6) Exposing Putin’s Failure in Ukraine

We mourn not only the loss of Stanislav Markelov, but the loss of the future of the Russian people

We mourn not only the loss of Stanislav Markelov, but the loss of the future of the Russian people

Advertisements

2 responses to “January 23, 2009 — Contents

  1. Did anyone see the article on the Budanov parole by Andrei Babitsky on Prague Watchdog? It was pretty good.

  2. It is official, the Russian Central Bank has thrown in the towel when it comes to defending the ruble. Today, officials have stated that they have widened the new trading band for the ruble and upped the limit of its USD/Euro basket to 41 rubles. This means, effectively, that the ruble can drop down in value to 36 rubles to the dollar.

    What reason did the bank give? The falling reserves. The Russian reserves have now dropped below $400 billion and the bank acknowledges that it cannot continue supporting the ruble.

    Expect a steep drop in the value of the ruble first thing tomorrow morning as anybody who actually believed the Russian propaganda and wasn’t smart enough to trade in their rubles for dollars floods the market and quickly pushes the ruble down.

    Source: http://gazeta.ru/financial/2009/01/22/2928286.shtml

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s