AP - The departure of Russia's influential finance minister and the impending power swap between President Dmitry Medvedev and Prime Minister Vladimir Putin won't have any immediate impact on Russia's economic policies or its debt rating, Standard & Poor's said Tuesday.
[AP] - The departure of Russia's influential finance minister and the impending power swap between President Dmitry Medvedev and Prime Minister Vladimir Putin won't have any immediate impact won Russia's economic policies or its debt rating, Standard & Poor's said Tuesday.
Michael McFaul, former US ambassador to Moscow, told CNBC that there is "a sense of panic among [Russia's] elites right now" that could lead Russia's President Vladimir Putin to change his government. The Stanford professor suggested that Putin could undertake a surprise reshuffle in an effort to reassure key players in the country that the president is in control of the situation.
Moscow (AFP) - Russia will retaliate against a new round of Western sanctions over Ukraine and may block flights through its airspace, Prime Minister Dmitry Medvedev said in an interview published on Monday.
Dmitry Medvedev, the Prime Minister of Russia and the country's former President, is the latest celebrity to be photographed wearing an Apple Watch. Russian journalist Dmitry Smirnov spotted the watch in a television news segment about a meeting that Medvedev held with Russian President Vladimir Putin.
Sometimes a country’s most powerful leaders just want to hang out, flex their muscles, grill up some meat and have a nice cup of tea together. On Sunday, the Kremlin released highly staged photos of Russian President Vladimir Putin and Prime Minister Dmitry Medvedev having an “informal meeting” together at the Bocharov Ruchei summer residence in Sochi.
MOSCOW — Russia’s government has pushed the country into an economic crisis by not tackling its financial problems fast enough, former finance minister Alexei Kudrin said on Monday, warning the full effects would be felt next year.
Kudrin — a darling of investors who is credited with building Russia’s $170 billion worth of sovereign wealth funds — added that sanctions over Ukraine, not falling oil prices, were primarily behind the collapse of the rouble and warned that Russia risked seeing its debt downgraded to junk status in 2015.