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...ministry says the diet, which is heavy on hearty Russian foods like porridge, cabbage salad, sour cream, mashed potatoes, vegetables, whole grain bread and fish, will cost just $77 a month. "The aim of the diet is so that the people don't panic and know that in any situation there is a way out, including through nutrition," a spokeswoman for the Ministry told TIME. (See pictures of what makes us eat more food...

Author: /time Magazine | Title: Russia's Economic Rescue Plan: Go on a Diet | 3/11/2009 | See Source »

That admission notwithstanding, the government continues to talk up the economic prospects. Earlier this week, Russian Finance Minister Alexei Kudrin told a global investment and finance conference in Moscow that the economy will grow by 2% or 3% in 2010. Kudrin said a recovery depends on a resurgence of private spending. "The moment when private demand revitalizes itself on the market is the moment we emerge from the crisis," Kudrin said, the Russian media reported...

Author: /time Magazine | Title: Is the Worst of the Economic Crisis Over For Russia? | 3/7/2009 | See Source »

...some analysts buy the government line and argue that the worst may be passed. "Generally, there is hope that Russia can come out of the turbulence a lot faster than the rest of the world," says Richard Hainsworth, CEO of RusRating, a Russian credit ratings agency. "There is a light at the end of the tunnel, and whilst severe recession-related problems remain, they appear manageable. In the financial sector, a turn-around is beginning to be seen." (See pictures of the global financial crisis...

Author: /time Magazine | Title: Is the Worst of the Economic Crisis Over For Russia? | 3/7/2009 | See Source »

...only difference between [Khodorkovsky] and any other large-scale business at the time was his anti-Kremlin stance," says Tatiana Lokshina, deputy director of the Moscow office of Human Rights Watch. "He frequently denounced Putin." Lokshina says that a further conviction of Khodorkovsky would sound a warning to Russian business elite that "they shouldn't get too comfortable, they should always be cautious...

Author: /time Magazine | Title: Imprisoned Putin Foe Faces New Charges | 3/6/2009 | See Source »

...Iran Nuclear Negotiations The Obama Administration is trying a new tack in its discussions with Tehran, calling on other nations to exert their influence to compel Iran to give up its suspected pursuit of nuclear weapons. In a letter to Russian President Dmitry Medvedev, Obama asked for Moscow's help in dealing with Tehran, although the White House denied offering to curtail U.S. plans for a missile-defense shield in Eastern Europe as a quid pro quo. The Administration has also asked Syria and China to pressure Iran, but the diplomatic focus remains on Russia, which is helping Iran complete...

Author: /time Magazine | Title: The World | 3/5/2009 | See Source »

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