Word: russian
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...forum to stress how Russia today shares key Western values and ideals. Illarionov's departure is thus awkwardly timed for Putin, but it is also a sign that, under his presidency, Russia is a very different place from the free-market economy and pluralistic democracy that many Western and Russian reformers once hoped it would become. During Putin's tenure, the Kremlin has taken steps to regain control of the nation's oil and gas resources - including breaking up and renationalizing most of Yukos, once Russia's biggest and most successful private oil producer. It has curtailed political freedoms, among...
...Putin insists that he is merely pursuing his nation's best interests. And he can claim some success: growth is a robust 6%; foreign debt has been slashed to one-tenth of what it was (as a percentage of the total Russian economy) six years ago; and, like Norway, the nation has been stashing away a part of its oil revenues in a "stabilization fund" that can be tapped in the future if oil prices drop sharply, causing a shortfall in the state budget. Putin also argues that, as the world's top natural-gas exporter and a leading...
...deals totaling in excess of $100 billion, according to data firm Dealogic. Stephen Barrett, international chairman of the corporate finance practice of consultants KPMG, says the privatization of many firms in the region is the cause of this sharp increase, as well as a surge in dealmaking by Russian energy firms such as Gazprom, the state-controlled oil and gas giant that in 2005 acquired oil firm Sibneft for $13.6 billion...
...Illarionov, 44, started in the Russian government at the heyday of the nascent and short-lived Russian democracy back in the 1990s as a member of ?young Turks? economists headed by Yegor Gaidar, Yeltsin's Acting Premier. In 1994, Illarionov quit the cabinet in the wake of his conflict with Premier Victor Chernomyrdin, whom he accused of stifling liberal reforms and staging an ?economic coup d?etat...
...Dance of the Sugarplum Fairy,” and “Coda”—which, strangely enough, was not performed to the traditional music entitled “Coda” or even the final “Apotheosis” but to Russian background music. Equally curious was that “Flowers” was performed by the corps de ballet en flat, while the Dewdrop Fairy, Morgan P. Richardson ’09, was en pointe.Despite these unusual choices, Raymond W. Keller III ’08 and Erin A. Straw...