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...weeks, as the stock market cratered and some private Russian banks wobbled, the official Kremlin line was: "This is primarily an American issue." Finally, on Nov. 20, Putin admitted that Russia, too, was in trouble. Announcing a $20 billion economic-stimulus package and an increase in unemployment benefits, he said Russians were asking "a fair question" when they wondered about what was happening. His answer: "We will do everything, everything in our power ... so that the collapses of the past years should never be repeated in our country." Says Alexander Kliment, a Russia analyst at the Eurasia Group...

Author: /time Magazine | Title: Russia's Big Chill | 12/11/2008 | See Source »

Challenging the official line is still hazardous. On Nov. 6, the Moscow business newspaper Vedomosti carried an opinion piece by the Academy of Sciences' Gontmakher titled NOVOCHERKASSK - 2009. The headline was a reference to spontaneous strikes by workers in a Russian town in 1962 that ended in bloodshed when troops were called in and opened fire: at least 20 people were killed and three dozen wounded. In his article, Gontmakher drew some parallels between the social tensions back then and the deteriorating economy today. Within days, the newspaper received an official warning from the Kremlin's media watchdog...

Author: /time Magazine | Title: Russia's Big Chill | 12/11/2008 | See Source »

...pictures of Russian aristocracy...

Author: /time Magazine | Title: Russia's Big Chill | 12/11/2008 | See Source »

...spiritual patriarch of more than 110 million members of the Russian Orthodox Church, Alexy II, 79, led his followers for 18 years. Credited with restoring the church in the post-Soviet era, he mended a rift with a rival sect established by Russians who had fled the Soviet Union for the West. In his later years, Alexy was an ardent supporter of Prime Minister Vladimir Putin...

Author: /time Magazine | Title: Milestones | 12/11/2008 | See Source »

...mostly did the opposite. When, in the wake of his death, Moscow authorities renamed a street in his honor, its residents—outraged that no one had consulted them and that they’d have to change their addresss on the numerous official forms still demanded by Russian life—tore down the new sign that bore his name...

Author: NO WRITER ATTRIBUTED | Title: CELEBRITY LIST: Five Melancholy Elderly Literary Men | 12/11/2008 | See Source »

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